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Financial Estimate Committee

Pursuant to ORS 250.125, a five-member Financial Estimate Committee (FEC), composed of the Secretary of State, State Treasurer, Director of the Department of Revenue, Director of the Department of Administrative Services, and a local government representative must prepare an estimate of the financial impact of each measure to be voted on in the statewide elections. The estimate of financial impact will be printed in the Voters’ Pamphlet and on the ballot.

Financial Estimate Committee Process

The FEC typically holds several meetings to draft financial impact statements. The initial financial impact statement must be filed by July 27, 2026. The FEC consults with the Legislative Revenue Office (LRO) to determine if the measure has potentially significant indirect economic or fiscal effects which can be estimated.

Public Hearing

The Oregon Secretary of State’s Elections Division has completed the signature verification process for IP 28 and found that the petition does not have at least the minimum number of valid signatures needed to qualify for the 2026 General Election ballot.

The public hearing to receive public comments on the draft financial estimate and draft explanatory statement has been cancelled, along with any future reconsideration meetings for the FEC or ESC.

Thursday, July 30, 2026, 10 a.m. - 11:00 a.m. CANCELLED

Monday, August 3, 2026, 2 p.m. CANCELLED


Friday, July 17, 2026, 2 p.m.
Watch the Recording
Location: Hearing Room 60, Oregon State Capitol Agenda:

  • Draft Financial Impact Statement for Initiative Petition 28 - a statutory amendment related to criminalizing breeding practices and injuring/killing animals, including for food, hunting, and fishing.
  • Vote on Financial Impact Statements. 

Monday, July 6, 2026, 2 p.m.
Watch the Recording
Location: Hearing Room 60, Oregon State Capitol

Agenda:

  • Draft Financial Impact Statement for Initiative Petition 28 - a statutory amendment related to criminalizing breeding practices and injuring/killing animals, including for food, hunting, and fishing.
  • Vote on Financial Impact Statements.

March 30, 2026, 11 a.m. 
Watch Recording

Nomination meeting for the fifth financial estimate committee member. According to ORS 250.125, the fifth member of the FEC should be a representative of a city, county, or district with expertise in local government finance. The local government representative is selected by the other four committee members.





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Financial Estimate Committee Members

  • Secretary of State Tobias Read, FEC Chair
  • State Treasurer Elizabeth Steiner
  • Director of the Department of Administrative Services Betsy Imholt
  • Director of the Department of Revenue David Gerstenfeld
  • Local Government Representative, Rochelle Anderson

Key Contacts

For questions on the FEC, please contact FEC.ESC@sos.oregon.gov.

For questions on the general ballot measure process, contact the Oregon Secretary of State Elections Division at 503-986-1518 or elections.sos@sos.oregon.gov.