HB4075 Hospital Loan Guarantee from Unclaimed Property Fund
Summary
Oregon enacted HB4075 directing the State Treasurer to use up to $44 million from the Unclaimed Property and Estates Fund to guarantee a loan to a rural hospital for financial stabilization. The Act declares an emergency and became effective April 7, 2026 upon Governor signature.
What changed
HB4075 authorizes the Oregon 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 purposes. The Act was passed by both chambers and signed by the Governor in March 2026, taking effect April 13, 2026 as an emergency measure.
Affected parties include the State Treasurer's office, which must implement the loan guarantee program, and rural hospitals in Oregon that may now access this financing mechanism for stabilization. The use of unclaimed property funds represents a novel approach to hospital financial support in the state.
What to do next
- State Treasurer must guarantee the loan using unclaimed property funds
- Rural hospital may seek loan guarantee for financial stabilization
Archived snapshot
Apr 14, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
ChangeBridge / Oregon / HB4075 Effective Date HB4075 House Bill Effective Date 2026-04-13
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...
LegiScan View on LegiScan
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
2026-04-13 H Chapter 111, (2026 Laws): Effective date April 7, 2026. 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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