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Oregon Administrative Rules (OARs) are the directives, standards, and regulations that help state government put state law into practice. Below, you can find information about the rules guiding our work at Oregon State Treasury, including ways to get involved with the process to propose and adopt new or amended rules.
Improve Holder compliance, protect unclaimed property and confidential information, and implement statutory changes
HB 2160 (2023) legislative session made certain changes to ORS chapter 98 and 192.355 to enhance the Treasurer’s ability to protect property rights, improve compliance and ensure certain data are protected from public disclosure to increase the public’s confidence that claiming their property will not have unintended negative consequences. These law changes took effect January 1st, 2024. The rules are needed to provide timely guidance to those affected by the laws. In addition, the Treasurer has seen an increase in fraudulent claims and seeks immediate action to reduce the opportunity for fraudulent claims being filed. Lastly, the rules can be improved through greater clarity and alignment with other applicable rules
April 16, 2024 at 10:00 AM
867 Hawthorne Ave SE, Salem, OR 97301
170-140-145-NOPR-Published-031524.pdf
April 22, 2024 by 5:00 PM
Please submit your public comment or testimony using the following email: OST.Rulemaking@ost.state.or.us
Amending Unclaimed Property administrative rules to protect confidential information and implement statutory changes
HB 2160 from the 2023 legislative session made certain changes to ORS 98 and 192.355 to enhance the Treasurer’s ability to protect propertyrights, improve compliance and ensure certain data are protected from public disclosure to increase the public’s confidence that claiming their property will not have unintended negative consequences. These law changes take effect January 1st, 2024. The rules are needed to provide timely guidance to those affected by the laws. In addition, the Treasurer has seen an increase in fraudulent claims and seeks immediate action to reduce the opportunity for fraudulent claims being filed. Lastly, the rules can be improved through greater clarity and alignment with other applicable rules.
January 22, 2024 through July 19, 2024
ORS 98 affects many different stakeholders across Oregon and the U.S. and can impact the financial interests of millions of current and former Oregonians. It is in the best interest of the public to provide immediate specific guidance regarding the changes to ORS 98 and192.355 so claimants can claim their funds without fear of unintended personal consequences. It is in the best interest of the state that the Treasurer take immediate action to reduce the opportunity for fraudulent claims stemming from information purchased from the Treasurer.
170-140-Filed-Reciept-Tracked-Changes.pdf
Improve the protection of unclaimed property and Holder compliance under HB 2160 (2023)
HB 2160 (2023) made certain changes to ORS chapter 98 and 192.355 to enhance the Treasurer’s ability to protect property rights and improve the ability of unclaimed property holders to comply with the law. These law changes take effect January 1st, 2024. The temporary rules are needed to provide timely guidance to those affected by the laws. In addition, the rules can be improved through greater clarity and specificity.
January 1, 2024 through June 23, 2024
ORS chapter 98 affects many different stakeholders across Oregon and the U.S. and can impact the financial interests of millions of current and former Oregonians. It is in the best interest of the public to provide immediate specific guidance regarding the changes to ORS chapter 98 and 192.355 so holders of unclaimed property have ample time to implement process changes to fully comply with due diligence requirements and the new abandonment timelines. In addition, some stakeholders requested that program guidance be included in rule to ensure compliance. The temporary rules will allow the program a longer timeframe to obtain input from stakeholders and ensure the rules are as clear and complete as possible for every affected group.
170-145-Temporary-Order-Tracked-Changes.pdf
OAR chapter 170 – Oregon State Treasury (State Treasurer)
Link To OAR 170
OAR Chapter 171 – Oregon Investment Council
Link To OAR 171
OAR chapter 173 – Oregon 529 Savings Board
Link to OAR 173
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