Oregon state capitol by David Grant

Oregon bill to create a state public bank task force passes both houses of the state legislature, awaits Governor’s signature

Oregon took an important step toward a state public bank as the State Senate passed the State Bank Task Force bill, HB 2763, on June 23, following its passage by the House on June 14. It awaits Governor Tina Kotek’s signature. The legislative session adjourned June 25.

The bill establishes a 19-member task force selected by the Governor, the President of the Senate, and Speaker of the House to study and make recommendations for the establishment of a state public bank. Its final report, including recommendations for legislation and a governing structure, is due September 1, 2024.

The Oregon Public Bank Alliance organized strong support and testimony for this bill.

[Read the bill]
[Read testimony]

Photo of Oregon State Capital by David Grant.

Scroll to Top