Oregon House bill in Session 2026R1.
Status: introduced. Latest action: February 24, 2026.
Requires the State Treasurer to use up to $44 million from the Unclaimed Property and Estates Fund to guarantee a loan made to a rural hospital for financial stabilization.
<b>Digest: This Act makes the State Treasurer use unclaimed moneys to guarantee a loan to a hospital. (Flesch Readability Score: 63.6).</b> [<i>Digest: This Act lets the State Treasurer loan unclaimed moneys to rural hospitals. (Flesch Readability Score: 60.7).</i>] [<i>Authorizes</i>]<b> Requires</b> the State Treasurer to [<i>loan</i>]<b> use</b> up to [<i>20 percent of</i>] <b>$44 million from </b>the Unclaimed Property and Estates Fund to <b>guarantee a loan made to a</b> rural [<i>hospitals</i>]<b> hospital</b> for financial stabilization. Declares an emergency, effective on passage.
| Date | Event | Detail |
|---|---|---|
| 2026-02-02 | Introduced | Bill introduced |
| 2026-02-24 | Status | introduced |
| 2026-02-24 | Latest Action | Public Hearing held. |