1 2 3 4 5 6 7 8 9 83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session House Bill 3463 Sponsored by Representatives HELM, OWENS SUMMARY The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the measure as introduced.The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act tells an agency to study water banks. (Flesch Readability Score: 75.5). Directs the Water Resources Department to study water banks. Directs the department to submit findings to the interim committees of the Legislative Assembly related to water not later than September 15, 2026. A BILL FOR AN ACT Relating to water banks. Be It Enacted by the People of the State of Oregon: SECTION 1. The Water Resources Department shall study water banks. The department shall submit a report in the manner provided by ORS 192.245, and may include recommen- dations for legislation, to the interim committees of the Legislative Assembly related to water no later than September 15, 2026. SECTION 2.Section 1 of this 2025 Act is repealed on January 2, 2027. NOTE:Matter in boldfaced type in an amended section is new; matter [italic and bracketed] is existing law to be omitted. New sections are in boldfaced type. LC 2518