Oregon House Bill # 2519 to set up a financial institution to consolidate numerous Oregon financial stimulus programs, keep Oregon capital in a public state institution, which would loan to State small businesses.
Why is this important?
The State of Oregon needs to establish a State Bank similar to the one in North Dakota. We need such a bank so that millions of dollars of tax money is no longer kept in private banks (such as Well Fargo and Bank of America) which earn millions of dollars in interest.
Such a bill was introduced and voted upon in the Oregon legislature but the bill did not come to a vote or was not passed, I don't recall which.
