74th OREGON LEGISLATIVE ASSEMBLY--2007 Regular Session
 
HMRA to A-Eng. SB 257
 
LC 279/SB 257-AMR3
 
                      HOUSE MINORITY REPORT
                          AMENDMENTS TO
                   A-ENGROSSED SENATE BILL 257
 
                             May 22
 
Speaker Merkley:
  A minority of your Committee on Judiciary, to whom was referred
A-engrossed Senate Bill 257, having had the same under
consideration, respectfully reports it back with the
recommendation that it do pass with the following amendments:
 
  On page 5 of the printed A-engrossed bill, delete lines 3 and 4
and insert:
  '  { +  SECTION 3. + }  { + Section 4 of this 2007 Act is added
to and made a part of ORS chapter 59. + }
  '  { +  SECTION 4. + }  { + A person may not bring an action or
suit under ORS 59.115 or 59.127 in connection with an offer,
solicitation or purchase of a variable annuity. + }
  '  { +  SECTION 5. + }  { + Section 4 of this 2007 Act and the
amendments to ORS 59.015 and 731.046 by sections 1 and 2 of this
2007 Act apply to variable annuities offered for sale, solicited
or purchased on or after the effective date of this 2007 Act. + }
' .
 
                         /sGene Whisnant
                           Representative
 
                         /sKevin Cameron
                           Representative
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