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Informational hearing on SB 5511 highlights reinsurance renewal and IT modernization at DCBS
Summary
The Transportation and Economic Development Subcommittee opened an informational hearing on Senate Bill 5511, the budget bill for the Department of Consumer and Business Services, where agency and DAS staff framed the governor’s proposal and highlighted reinsurance, technology modernization, and transfers to other state programs.
Good afternoon. The Transportation and Economic Development Subcommittee opened an informational hearing in February on Senate Bill 5511, the budget bill for the Department of Consumer and Business Services (DCBS). Patrick Heath of the Department of Administrative Services’ Chief Financial Office and DCBS Director Andrew Stolfi presented the governor’s proposed highs and lows for the 2025–27 biennium, answered committee questions and outlined policy drivers behind the request.
Why it matters: DCBS regulates insurance, building codes, workplace safety and related markets that affect nearly every Oregon household and many local governments. The governor’s proposal would restore a large reinsurance payment stream that phases out in the current service level and would fund multi‑year IT modernization projects and targeted staffing to support regulatory work and consumer assistance.
The budget picture: Patrick Heath told the committee the current service level…
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