Digest: The Act requires the OIC and the State Treasurer to take actions to manage climate risks to the PERS fund. (Flesch Readability Score: 76.5). [Digest: The Act directs the LRO to study the state financial system. (Flesch Readability Score: 72.6).] [Requires the Legislative Revenue Officer to study the state financial system. Directs the Legislative Revenue Officer to submit findings to the interim committees of the Legislative Assembly related to revenue not later than December 1, 2026.] Directs the Oregon Investment Council and the State Treasurer to take certain actions to manage the risks of climate change to the Public Employees Retirement Fund. Takes effect on the 91st day following adjournment sine die.