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The Oregon Department of State Lands' Trust Property Program is undergoing a process to enable the transfer of the program to Oregon State Treasury (OST) in July of 2021. Authorized by Senate Bill 454 (2019), the process involves the transfer of administrative rules between agencies, in which DSL will repeal Trust Property rules while OST adopts new rules. Staff will continue to serve Oregonians throughout this process, with minimal anticipated impacts to program operations.
DSL and OST will provide regular updates to
those interested in learning about the transition. Individuals and
organizations can sign
up for OST’s mailing list to stay informed about the rulemaking process and
opportunities to provide comment. Learn
more about OST’s proposed rules on their website.
DSL filed the Notice of Proposed Rulemaking with the Secretary of State on April 27. The public comment period opened on April 30 and closed on May 28, 2021.
A public hearing was jointly administered by DSL and OST on May 24 from 10:00-11:00 AM. No attendees were present to provide testimony.
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