Requires a seller in a motor vehicle transaction that involves a retail installment contract or lease agreement to make a good faith effort to sell the retail installment contract or lease agreement to a lender on the ex
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “Requires a seller in a motor vehicle transaction that involves a retail installment contract or lease agreement to make a good faith effort to sell the retail installment contract or lease agreement to a lender on the exact terms that the seller and buyer negotiated.” Read the full text
2025R1 session
What it does
Digest: Sets out rules a seller must follow when making a sale or lease of a motor vehicle that involves installment payments. (Flesch Readability Score: 60.6). Requires a seller in a motor vehicle transaction that involves a retail installment contract or lease agreement to make a good faith effort to sell the retail installment contract or lease agreement to a lender on the exact terms that the seller and buyer negotiated. Requires the seller to undertake certain actions if the lender does not
From the official legislative record, shown verbatim. Not legal advice.
Where it is
Show all 22 actions
First reading. Referred to Speaker's desk. · Jan 13, 2025
House
Referred to Commerce and Consumer Protection. · Jan 17, 2025
House
Public Hearing held. · Feb 4, 2025
House
Work Session held. · Apr 1, 2025
House
Recommendation: Do pass with amendments and be printed A-Engrossed. · Apr 4, 2025
House
Second reading. · Apr 7, 2025
House
Rules suspended. Carried over to April 9, 2025 Calendar. · Apr 8, 2025
House
Rules suspended. Carried over to April 10, 2025 Calendar. · Apr 9, 2025
House
Third reading. Carried by Sosa. Passed. · Apr 10, 2025
House
First reading. Referred to President's desk. · Apr 10, 2025
Senate
Referred to Labor and Business. · Apr 10, 2025
Senate
Public Hearing held. · Apr 17, 2025
Senate
Work Session held. · Apr 22, 2025
Senate
Work Session held. · Apr 24, 2025
Senate
Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.) · Apr 29, 2025
Senate
Second reading. · Apr 30, 2025
Senate
Third reading. Carried by Taylor. Passed. · May 1, 2025
Senate
House concurred in Senate amendments and repassed bill. · May 6, 2025
House
Speaker signed. · May 8, 2025
House
President signed. · May 8, 2025
Senate
Governor signed. · May 14, 2025
House
Chapter 81, (2025 Laws): Effective date January 1, 2026. · Jun 6, 2025
House
The numbers
8
sponsors on the bill
Sponsors
Nathan SosaKathleen TaylorJohn LivelyWlnsvey CamposLew FrederickDeb PattersonWilly ChotzenDacia Grayber
Recorded votes
House concurred in Senate amendments and repassed bill.House · 2025-05-06 · Aye 49, Excused 9, Excused for Business 2
Third reading. Carried by Taylor. Passed.Senate · 2025-05-01 · Aye 24, Excused 3, Nay 2
Recorded voteSenate · 2025-04-24 · Aye 5
Third reading. Carried by Sosa. Passed.House · 2025-04-10 · Aye 53, Excused for Business 3, Excused 4
Recorded voteHouse · 2025-04-01 · Excused 2, Aye 8
Roll-call results shown verbatim from the Oregon legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Chapter 81, (2025 Laws): Effective date January 1, 2026. (Jun 6, 2025).