HB4075 Allows $44M Loan Guarantee for Rural Oregon Hospitals
Summary
Oregon HB4075 was signed into law on April 7, 2026, authorizing the State Treasurer to use up to $44 million from the Unclaimed Property and Estates Fund to guarantee loans made to rural hospitals for financial stabilization. The bill declares an emergency and takes effect immediately upon passage.
What changed
HB4075 enacts a new state loan guarantee program for rural Oregon hospitals, directing the State Treasurer to deploy up to $44 million from unclaimed property funds to back hospital loans for financial stabilization. The legislation declares an emergency clause, making it effective immediately upon signature.
Rural hospitals facing financial difficulties in Oregon may now access state-guaranteed loan financing through this program. Healthcare providers in rural areas should evaluate their financial position and determine whether loan guarantee participation would be beneficial. The program represents significant state intervention in rural healthcare sustainability.
What to do next
- Rural Oregon hospitals should assess eligibility and consider applying for loan guarantees under the program
- State Treasurer must establish procedures for administering the $44M loan guarantee program
- Healthcare financial administrators should monitor for implementing regulations from the Oregon State Treasurer
Source document (simplified)
ChangeBridge / Oregon / HB4075 Signed by Governor HB4075 House Bill Signed by Governor 2026-04-07
Relating to hospital finance; and declaring an emergency.
This Act makes the State Treasurer use unclaimed moneys to guarantee a loan to a hospital. (Flesch Readability Score: 63.6). [Digest: This Act lets the State Treasurer loan unclaimed moneys to rural hospitals. (Flesch Readability Score: 60.7).] [Authorizes] Requires the State Treasurer to [loan] use up to [20 percent of] $44 million from the Unclaimed Property and Estates Fund to guarantee a loan made to a rural [hospitals] hospital for financial stabilization. Declares an emergency, effective on passage.
Bill Details
State Oregon
Session 2026 Legislative Measures
Chamber House
Official Source olis.oregonlegislature.gov/liz/2026R1/Meas...
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Sponsors
Boomer Wright (Rep - R) David Smith (Rep - R) Cyrus Javadi (Rep - D) Court Boice (Rep - R) Darcey Edwards (Rep - R) Paul Evans (Rep - D) Jeff Helfrich (Rep - R) Bobby Levy (Rep - R) Kevin Mannix (Rep - R) Emily McIntire (Rep - R) Lesly Munoz (Rep - D) Travis Nelson (Rep - D) Daniel Nguyen (Rep - D) Robert Nosse (Rep - D) Virgle Osborne (Rep - R) Hai Pham (Rep - D) Werner Reschke (Rep - R) Anna Scharf (Rep - R) Suzanne Weber (Sen - R)
Action History
2026-04-07 H Governor signed. 2026-03-10 S President signed. 2026-03-10 H Speaker signed. 2026-03-06 S Rules suspended. Third reading. Carried by Smith DB. Passed. Ayes, 16; Nays, 12--Campos, Frederick, Gelser Blouin, Girod, Golden, Lieber, Linthicum, Neron Misslin, Pham, Robinson, Sollman, Taylor; Excused, 2--Hayden, Thatcher. 2026-03-06 S Second reading. 2026-03-06 S Recommendation: Do pass the A-Eng. bill. 2026-03-05 S Referred to Ways and Means. 2026-03-05 S First reading. Referred to President's desk. 2026-03-05 H Vote explanation(s) filed by Andersen, Chaichi, Nathanson. 2026-03-05 H Rules suspended. Third reading. Carried by Wright, Nosse. Passed. Ayes, 42; Nays, 15--Andersen, Chotzen, Dobson, Fragala, Gomberg, Grayber, Hudson, Kropf, Marsh, McLain, Nathanson, Rieke Smith, Sanchez, Sosa, Tran; Excused, 3--Hartman, Levy B, Valderrama. 2026-03-05 H Second reading. 2026-03-04 H Recommendation: Do pass. 2026-03-03 H Returned to Full Committee. 2026-03-03 H Work Session held. 2026-03-03 H Work Session held. 2026-02-27 H Assigned to Subcommittee On Capital Construction. 2026-02-26 H Referred to Ways and Means by order of Speaker. 2026-02-26 H Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means. 2026-02-25 H Work Session held. 2026-02-24 H Public Hearing held. 2026-02-13 H Referred to Rules by order of Speaker. 2026-02-13 H Without recommendation as to passage and be referred to Rules. 2026-02-12 H Work Session held. 2026-02-05 H Public Hearing held. 2026-02-02 H Referred to Health Care. 2026-02-02 H First reading. Referred to Speaker's desk.
Votes
2026-02-12 House Committee Without recommendation as to passage and be referred to Rules Yea: 8 Nay: 0 2026-02-25 House Committee Do pass with amendments and be referred to Ways and Means. (Printed A-Eng.) Yea: 5 Nay: 2 2026-03-03 House Committee Do Pass the A-Eng bill Yea: 20 Nay: 4 2026-03-05 House Third Reading Yea: 42 Nay: 15 2026-03-06 Senate Third Reading Yea: 16 Nay: 12
Committee Referrals
2026-02-02 H Health Care 2026-02-13 H Rules 2026-02-26 J Ways and Means 2026-02-27 J Capitol Construction 2026-03-05 J Ways and Means
Amendments
2026-02-05 House Committee On Health Care Amendment #-1 2026-02-05 House Committee On Health Care Amendment #-2 2026-02-12 House Committee On Health Care Amendment #-1 2026-02-12 House Committee On Health Care Amendment #-2 2026-02-24 House Committee On Rules Amendment #-5 2026-02-25 House Committee On Rules Amendment #-8 2026-02-25 House Committee On Rules Amendment #-5 2026-03-02 Joint Subcommittee On Capital Construction Amendment #-A12
Bill Text Versions
0000-00-00 Introduced 0000-00-00 Introduced 0000-00-00 Engrossed 0000-00-00 Enrolled Legislative data powered by LegiScan (CC BY 4.0)
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