Oregon legislation · 2026 Legislative Measures
Oregon HB4141: Relating to debt resolution services; prescribing an effective date.
Status: Failed, March 6, 2026
Digest: Says what a person that bargains with a consumer's creditors to lower debt can and may not do in this state. (Flesch Readability Score: 72.7). Requires a person that provides debt resolution services to consumers in this state to register with the Department of Consumer and Business Services and regulates the activities of debt resolution service providers. Takes effect on the 91st day following adjournment sine die.
What the bill says
A bill FOR AN ACT Relating to debt resolution services; creating new provisions; amending ORS 697.602, 697.612, 697.632, 697.642, 697.672, 697.702, 697.707, 697.718, 697.732, 697.752 and 697.822; and prescribing an effective date.
From the introduced text, January 28, 2026:
A BILL FOR AN ACT Relating to debt resolution services; creating new provisions; amending ORS 697.602, 697.612, 697.632, 697.642, 697.672, 697.702, 697.707, 697.718, 697.732, 697.752 and 697.822; and prescribing an effective date. Be It Enacted by the People of the State of Oregon: SECTION 1. ORS 697.602 is amended to read: 697.602. As used in ORS 697.602 to 697.842: (1) "Consumer" means: (a) An individual resident of this state who is obligated or is allegedly obligated to pay a debt and on whose behalf a debt management service provider performs or agrees to perform a debt management service[.]; or (b) An individual resident of this state who has executed an agreement with a debt resolution service provider for debt resolution services under section 13 of this 2026 Act. (2) "Creditor" has the meaning given that term in ORS 646.639. [(2)] (3)(a) "Debt management service" means an activity for which a person receives money or other valuable consideration or expects to receive money or other valuable consideration in return for: [(a)] (A) Receiving or offering to receive funds from a consumer for the purpose of distributing the funds among the consumer's creditors in full or partial payment of the consumer's debts, whether or not the person holds the consumer's funds; [(b)] (B) Improving or offering to improve or preserve a consumer's …
Sponsors
- Vikki Breese-Iverson (R, 59) · primary sponsor
- Emerson Levy (D, 53)
- Kimberly Wallan (R, 6)
Latest actions
- : In committee upon adjournment.
- : Public Hearing held.
- : Referred to Commerce and Consumer Protection.
- : First reading. Referred to Speaker's desk.
Common questions
- What is HB4141?
- HB4141 is a bill in the Oregon Legislature (2026 Legislative Measures): Relating to debt resolution services; prescribing an effective date.
- What does HB4141 do?
- In its own words: A bill FOR AN ACT Relating to debt resolution services; creating new provisions; amending ORS 697.602, 697.612, 697.632, 697.642, 697.672, 697.702, 697.707, 697.718, 697.732, 697.752 and 697.822; and prescribing an effective date.
- What is the status of HB4141?
- Failed as of March 6, 2026. Latest action: In committee upon adjournment. (March 6, 2026).
- Who sponsored HB4141?
- Vikki Breese-Iverson (R, 59), with 2 co-sponsors.
- Where is the official record for HB4141?
- On the Oregon Legislature website: https://olis.oregonlegislature.gov/liz/2026R1/Measures/Overview/4141
Source: official Oregon record. Tracked by Delilah, AI for legislation across all 50 states and Congress.