Provides that a court may not stay or prohibit a Federal Home Loan Bank from exercising rights to collateral pledged by an insurer-member that is subject to a delinquency proceeding.
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “Provides that a court may not stay or prohibit a Federal Home Loan Bank from exercising rights to collateral pledged by an insurer-member that is subject to a delinquency proceeding.” Read the full text
2025R1 session
What it does
Digest: The Act makes changes to laws about home loans and lender collateral. (Flesch Readability Score: 67.7). Provides that a court may not stay or prohibit a Federal Home Loan Bank from exercising rights to collateral pledged by an insurer-member that is subject to a delinquency proceeding. Requires a receiver to comply with provisions of this Act with respect to claims against the insurer-member. Requires a Federal Home Loan Bank that exercises a right to collateral to repurchase any outstan
From the official legislative record, shown verbatim. Not legal advice.
Where it is
Chaptered (Chapter 102) (latest official status) · Jun 6, 2025
Latest official status shown, exactly as the official record states it. The step by step history lives on the official page linked below.
The numbers
0
sponsors on the bill
Recorded votes
Third reading. Carried by Reschke. Passed.House · 2025-05-08 · Aye 53, Excused 6, Excused for Business 1
Recorded voteHouse · 2025-04-29 · Excused 2, Aye 8
Third reading. Carried by McLane. Passed.Senate · 2025-03-10 · Aye 29, Excused 1
Recorded voteSenate · 2025-03-05 · Aye 5
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: Chaptered (Chapter 102) · effective May 19, 2025.