Bill Passes to Law For Medical Debt Relief; Proposed Wall Street Tax Bill; Keep Pets Safe for 4th; Scholarships Available

Bill Passes to Law For Medical Debt Relief

A bill prohibiting credit reporting on Oregonians’ medical debt has been signed into law by Governor Tina Kotek. Hailed as a significant victory for consumer rights advocates, the bill (SB 605) also removes existing medical debt from credit reports, including debt from medical credit cards. High medical costs have forced nearly one in three Oregonians into debt in the last two years alone, causing cascading financial harms long after bills are paid. Adam Zarrin with the Leukemia & Lymphoma Society says the cost of treating leukemia, for example, is almost half a million dollars, much of which becomes debt.

“So an individual like that might now be able to stabilize their life, get the job they want, start a business, get a line of credit to move on with their life without the kind of financial burdens you get from medical debt.”

Three major credit reporting agencies have already taken steps to remove some medical debt from people’s credit reports voluntarily. Oregon will be the 14th state to implement similar legislation, which is set to take effect next year. On the federal level, medical debt and credit reporting, once enforced by the Consumer Financial Protection Bureau, have now been revoked by the Trump administration.

Proposed Wall Street Tax Bill

Oregon Congresswoman Val Hoyle, Senator Brian Schatz, and Representative Adam Smith have introduced the Wall Street Tax Act, aimed at curbing risky high-frequency trading and generating an estimated $750 billion over 10 years. The bill would impose a 0.1% tax on stock, bond, and derivative trades—excluding IPOs and short-term debt—to reinvest in housing, education, and infrastructure. Supporters say the bill targets market volatility and ensures Wall Street pays its fair share. It’s backed by over 30 national organizations and several Democratic lawmakers, including Senators Warren and Merkley.

Keep Pets Safe for 4th

With 4th of July celebrations approaching, the Oregon Coast Humane Society urges pet owners to protect their animals from fireworks-related stress and danger. Each year sees a spike in lost pets due to fear and anxiety. OCHS recommends keeping pets indoors, using ID tags and microchips, and creating a quiet, secure space. If traveling, use crates, keep pets leashed, and never leave them in vehicles. “Even calm pets can panic at the sound of fireworks,” says OCHS Executive Director Elizabeth Thompson.  Taking a few extra precautions now can help ensure a safe and stress-free holiday for both pets and their families.

Scholarships Available

Western Lane Community Foundation is offering scholarships for students attending four-year colleges, community colleges, and approved trade schools. Fields like health care, arts, and education are especially encouraged. Awards range from $1,000 to $5,000 and are paid directly to the school once enrollment is confirmed. Applicants are considered for all scholarships they qualify for, and some may be asked to interview. Applications are open June 1 through July 15 and can be submitted online at wlcfonline.org.