SB 82
Establishes Individual Development Account Fund.
| Status | In Senate Committee (SHDEV) |
| Requested by | (at the request of Governor Kate Brown for Housing and Community Services Department) |
| Fiscal impact | Fiscal impact issued |
| Revenue impact | Has minimal revenue impact |
Bill Text
Establishes an Individual Development Account Fund to support fiduciary organizations in developing individual development accounts for asset-building.
Overview#
Establishes Individual Development Account Fund. Continuously appropriates moneys in fund to Housing and Community Services Department to support fiduciary organizations development of individual development accounts. Modifies individual development account program and decouples program from sunset tax credit program.
Public Testimony
| Name | Organization | Position | Date |
|---|---|---|---|
| Randy Lucas | Portland | Support | 2021-02-01 |
| Abigail Bowman | Portland | Support | 2021-02-01 |
| Marie Alaniz | Milwaukie | Unknown | 2021-02-02 |
| Marie Alaniz | Milwaukie | Unknown | 2021-02-02 |
| BRIAN PARHAM | Portland | Support | 2021-02-02 |
| Helaine Koch | Food Roots | Support | 2021-02-02 |
| Lisa Dawson | Northeast Oregon Economic Development District | Support | 2021-02-02 |
| Michelle Scott | Klamath Falls | Support | 2021-02-03 |
| Marianna Thielen | Portland | Unknown | 2021-02-03 |
| Andrew Hall | Redmond | Support | 2021-02-03 |
| Jeffrey Belzer | Bend | Support | 2021-02-03 |
| Nicole Stingh | Oregon Housing and Community Services | Support | 2021-02-03 |
| Crystal Granger | Bradley Angle House | Support | 2021-02-03 |
| Lloyd Mueller | Astoria | Unknown | 2021-02-04 |
| Jody Wiser | Tax Fairness Oregon | Neutral | 2021-02-04 |
| Suzanne Veaudry Casaus | Portland | Support | 2021-02-04 |
| David Wall | Newberg | Oppose | 2021-02-04 |
| Seth Weber | Portland | Support | 2021-02-05 |
| Miranda Mishan | Portland | Support | 2021-02-05 |
| Nicole Stingh | Oregon Housing and Community Services | Support | 2021-02-05 |
| Loren Naldoza | Neighborhood Partnerships | Unknown | 2021-02-10 |
Legislative History
| Date | Chamber | Action |
|---|---|---|
| 2021-01-11 | S | Introduction and first reading. Referred to President's desk. |
| 2021-01-19 | S | Referred to Housing and Development, then Finance and Revenue. |
| 2021-02-04 | S | Public Hearing held. |
| 2021-06-26 | S | In committee upon adjournment. |