Decarbonization of the PERS Investment Fund: HB 2200 & SB 681

Discussions on ‘decarbonizing’ the PERS Investment Fund (OPERF) have gained momentum in recent years. This session has produced two bills—House Bill 2200 and Senate Bill 681—sparking debate over the balance between the perceived risk of investments tied to fossil fuels and financial performance. House Bill 2200 – proposed by State Treasurer Elizabeth Steiner (D) –…

Legislators Juggle Heavy Workload, Federal Funding Uncertainty

We are now at the mid-point of the 160-day Oregon legislative session. Since convening in January, Oregon’s 2025 Session has been characterized by a historic number of bills, full committee agendas, and budget concerns surrounding whether federal funds will materialize or not. The 2025 Legislature had an abnormally slow start compared to previous years, primarily…