Oregon Treasurer worked in partnership with tribal officials during 2013 session. Two major bills approved by the 2013 Legislature will improve the standing of
Oregon tribes regarding financial matters
Senate Bill 18, introduced by the state Treasurer, will provide voters a more complete picture of the financial consequences of the measures on their ballots each election. Voter pamphlets provide statements of the financial impact of each measure, and Senate Bill 18 allows those analyses to mention potential financial impacts to tribal governments.
The Treasurer sits on the Financial Estimate Committee, which researches and drafts financial estimates.
The Treasurer also provided assistance in the drafting and analysis of Senate Bill 351, which allows tribal governments to join other
The bill was introduced by Sens. Arnie Roblan,
The Oregon Short Term Fund stood at $11.5 billion as of June 30 and gives local governments and the state a place to keep funds in between when revenue is collected and when bills become due. Many governments are property tax-based and thus collect the majority of their revenue at one time of the year.
“I was honored to partner with
Reyn Leno, Council Chair of the Confederated Tribes of Grand Ronde, said Senate Bill 18 is the right policy for tribes and for the State.
The Oregon State Treasury protects public assets and saves Oregonians money through its investment, banking, and debt management functions. State investment policies are overseen by the Oregon Investment Council. The State Treasury also promotes public outreach and education to help Oregonians learn strategies to save money, invest for college and make smart financial choices. You can track Treasury-related news on Twitter at @OregonTreasury.