Bill Text: OR SB5515 | 2011 | Regular Session | Enrolled
Bill Title: Relating to the financial administration of the Housing and Community Services Department; appropriating money; and declaring an emergency.
Spectrum: Unknown
Status: (Passed) 2011-06-30 - Effective date, July 1, 2011. [SB5515 Detail]
Download: Oregon-2011-SB5515-Enrolled.html
76th OREGON LEGISLATIVE ASSEMBLY--2011 Regular Session
Enrolled
Senate Bill 5515
Printed pursuant to Senate Interim Rule 213.28 by order of the
President of the Senate in conformance with presession filing
rules, indicating neither advocacy nor opposition on the part
of the President (at the request of Budget and Management
Division, Oregon Department of Administrative Services)
CHAPTER ................
AN ACT
Relating to the financial administration of the Housing and
Community Services Department; appropriating money; limiting
expenditures; and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
SECTION 1. { + There is appropriated to the Housing and
Community Services Department, for the biennium beginning July 1,
2011, out of the General Fund, the amount of $9,548,033. The
department may expend up to 54 percent of the amount appropriated
under this section during the period beginning July 1, 2011, and
ending June 30, 2012. + }
SECTION 2. { + Notwithstanding any other law limiting
expenditures, the amount of $145,435,408 is established for the
biennium beginning July 1, 2011, as the maximum limit for payment
of expenses for operations, from fees, moneys or other revenues,
including Miscellaneous Receipts and federal funds from the
United States Department of Housing and Urban Development for
contract services, but excluding lottery funds and federal funds
not described in this section, collected or received by the
Housing and Community Services Department. + }
SECTION 3. { + Notwithstanding any other law limiting
expenditures, the amount of $11,277,724 is established for the
biennium beginning July 1, 2011, as the maximum limit for payment
of expenses from lottery moneys allocated from the Administrative
Services Economic Development Fund to the Housing and Community
Services Department for lottery bonds. + }
SECTION 4. { + Notwithstanding any other law limiting
expenditures, the amount of $203,012,721 is established for the
biennium beginning July 1, 2011, as the maximum limit for payment
of expenses from federal funds other than those described in
sections 2 and 5 of this 2011 Act collected or received by the
Housing and Community Services Department. + }
SECTION 5. { + For the biennium beginning July 1, 2011,
expenditures by the Housing and Community Services Department for
the following are not limited:
(1) Payments for costs resulting from the sale and issuance or
redemption of bonds issued under ORS 287A.360, 456.519, 456.645
and 456.650 (2005 Edition).
Enrolled Senate Bill 5515 (SB 5515-A) Page 1
(2) Payment of debt service and redemption premium on bonds
issued under ORS 287A.360, 456.519, 456.645 and 456.650 (2005
Edition) and payments for the purchase of bonds as provided in
ORS 456.680.
(3) Loans and payments for purchasing, insuring and servicing
loans as provided in ORS 456.625, 456.627, 456.635, 456.690,
456.705, 456.715 and 456.717 and payments for the purchase from
lending institutions of securities backed by residential loans as
provided in ORS 456.635 (1).
(4) Advances for development costs made in accordance with ORS
456.710.
(5) Pass-through payments of federal rent subsidy moneys from
the United States Department of Housing and Urban Development.
(6) Payments for costs associated with asset protection. + }
SECTION 6. { + This 2011 Act being necessary for the immediate
preservation of the public peace, health and safety, an emergency
is declared to exist, and this 2011 Act takes effect July 1,
2011. + }
----------
Passed by Senate June 9, 2011
.............................................................
Robert Taylor, Secretary of Senate
.............................................................
Peter Courtney, President of Senate
Passed by House June 16, 2011
.............................................................
Bruce Hanna, Speaker of House
.............................................................
Arnie Roblan, Speaker of House
Enrolled Senate Bill 5515 (SB 5515-A) Page 2
Received by Governor:
......M.,............., 2011
Approved:
......M.,............., 2011
.............................................................
John Kitzhaber, Governor
Filed in Office of Secretary of State:
......M.,............., 2011
.............................................................
Kate Brown, Secretary of State
Enrolled Senate Bill 5515 (SB 5515-A) Page 3
