Bill Text: OR SB5532 | 2013 | Regular Session | Enrolled


Bill Title: Relating to state financial administration; and declaring an emergency.

Spectrum: Unknown

Status: (Passed) 2013-08-21 - Effective date, August 14, 2013. [SB5532 Detail]

Download: Oregon-2013-SB5532-Enrolled.html


     77th OREGON LEGISLATIVE ASSEMBLY--2013 Regular Session

                            Enrolled

                        Senate Bill 5532

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 Oregon Department of
  Administrative Services)

                     CHAPTER ................

                             AN ACT

Relating to state financial administration; and declaring an
  emergency.

Be It Enacted by the People of the State of Oregon:

  SECTION 1.  { + During the biennium beginning July 1, 2013, all
lottery revenues available to benefit the public purposes
specified in Article XV, section 4, of the Oregon Constitution,
that are in excess of distributions or allocations required by
law shall be maintained in the Administrative Services Economic
Development Fund. + }
  SECTION 2.  { + All moneys in the Administrative Services
Economic Development Fund as of July 1, 2013, and thereafter are
reserved to meet the commitments of this 2013 Act. + }
  SECTION 3.  { + The following amounts are allocated for the
biennium beginning July 1, 2013, from the Administrative Services
Economic Development Fund, to the Oregon Business Development
Department, for the following purposes: + }

____NOTE_TO_WEB_CUSTOMERS:__________________________________
THE FOLLOWING TABULAR TEXT MAY BE IRREGULAR.
FOR COMPLETE INFORMATION PLEASE SEE THE PRINTED MEASURE.
_______________________________________________________________

   { +
(1)Shared services....................$7,698,998
  (2) Business, innovation, trade$54,171,696
  (3) Oregon Film and Video Office$1,130,544 + }
____________________________________________________________
END OF POSSIBLE IRREGULAR TABULAR TEXT
____________________________________________________________
  SECTION 4.  { + There is allocated for the biennium beginning
July 1, 2013, from the Administrative Services Economic
Development Fund, to the Department of Education, for the State
School Fund, the amount of $327,374,109. + }
  SECTION 5.  { + There is transferred to the Lottery Bond Fund
for the biennium beginning July 1, 2013, out of the Oregon
Education Fund, 100 percent of the declared earnings on the
Education Stability Fund that are transferred to the Oregon
Education Fund during the biennium beginning July 1, 2013, to be

Enrolled Senate Bill 5532 (SB 5532-A)                      Page 1

used by the Department of Education for the purposes of
maintaining cash flow and paying, when due, the principal,
interest and premium, if any, on outstanding education lottery
bonds. + }
  SECTION 6.  { + There is allocated for the biennium beginning
July 1, 2013, from the Administrative Services Economic
Development Fund, to the office of the Governor, the amount of
$3,261,204 for expenses of the Economic Revitalization Team. + }
  SECTION 7.  { + (1) The Oregon Department of Administrative
Services shall establish a process for allocating available
moneys in the Administrative Services Economic Development Fund
on a quarterly basis to fulfill the biennial allocations made by
this 2013 Act. The department shall set the quarterly
allocations.
  (2) If, in any quarter, the moneys transferred from the State
Lottery Fund to the Administrative Services Economic Development
Fund are insufficient to pay for the quarterly allocations made
by this 2013 Act or any other 2013 Act, including chapter ___,
Oregon Laws 2013 (Enrolled Senate Bill 813), and chapter ___,
Oregon Laws 2013 (Enrolled House Bill 2323), prior to making any
other allocations pursuant to this 2013 Act or any other 2013
Act, including chapter ___, Oregon Laws 2013 (Enrolled Senate
Bill 813), and chapter ___, Oregon Laws 2013 (Enrolled House Bill
2323), the department shall satisfy lottery bond debt service
obligations in the amount of $241,594,783, as follows: + }

____NOTE_TO_WEB_CUSTOMERS:__________________________________
THE FOLLOWING TABULAR TEXT MAY BE IRREGULAR.
FOR COMPLETE INFORMATION PLEASE SEE THE PRINTED MEASURE.
_______________________________________________________________

   { +
(a)For outstanding lottery bonds....................$241,594,783
  (b) For lottery bonds to be issued$  0 + }
____________________________________________________________
END OF POSSIBLE IRREGULAR TABULAR TEXT
____________________________________________________________
   { +  (3) After the lottery bond debt service obligations
described in subsection (2) of this section are satisfied, if the
remaining moneys transferred from the State Lottery Fund to the
Administrative Services Economic Development Fund are
insufficient to pay for the quarterly allocations made by this
2013 Act or any other 2013 Act, including chapter ___, Oregon
Laws 2013 (Enrolled Senate Bill 813), and chapter ___, Oregon
Laws 2013 (Enrolled House Bill 2323), the department shall reduce
the quarterly allocations not described in subsection (2)(a) and
(b) of this section proportionately in amounts sufficient to
accommodate the revenue shortfall. + }
  SECTION 8.  { + There is allocated for the biennium beginning
July 1, 2013, from the Administrative Services Economic
Development Fund, to the Oregon Department of Administrative
Services, the amount of $241,594,783 for the purpose of paying,
when due, the principal, interest and premium, if any, on
outstanding lottery bonds, as described in section 7 of this 2013
Act. + }
  SECTION 9.  { + Notwithstanding and in lieu of the requirement
in ORS 461.547 (1) for a percentage-based transfer of moneys, for
the biennium beginning July 1, 2013, the amount allocated from
the Administrative Services Economic Development Fund to the
Oregon Department of Administrative Services is $33,849,166 for

Enrolled Senate Bill 5532 (SB 5532-A)                      Page 2

distribution to counties for economic development activities as
provided by ORS 461.547. + }
  SECTION 10.  { + Notwithstanding and in lieu of the requirement
in ORS 461.549 (2) for a percentage-based transfer of moneys, for
the biennium beginning July 1, 2013, the amount allocated from
the Administrative Services Economic Development Fund to the
Problem Gambling Treatment Fund is $10,545,832. + }
  SECTION 11.  { + Notwithstanding and in lieu of the requirement
in ORS 565.447 for a percentage-based transfer of moneys, for the
biennium beginning July 1, 2013, the amount allocated from the
Administrative Services Economic Development Fund to the County
Fair Account established by ORS 565.445 is $3,669,380. + }
  SECTION 12.  { + There is allocated for the biennium beginning
July 1, 2013, from the Administrative Services Economic
Development Fund, to the State Forestry Department, the amount of
$2,885,000 for Eastern Oregon Forest Collaboration. + }
  SECTION 13.  { + Notwithstanding any other law allocating
moneys from the Administrative Services Economic Development
Fund, the allocation to the County Fair Account established by
section 12, chapter 622, Oregon Laws 2011, for the biennium
beginning July 1, 2011, as modified by legislative action, is
increased by $10,349. + }
  SECTION 14.  { + Notwithstanding and in lieu of the requirement
in ORS 461.543 (4) for a percentage-based transfer of moneys, for
the biennium beginning July 1, 2013, the amount allocated from
the Administrative Services Economic Development Fund to the
Sports Lottery Account is $8,000,000. + }
  SECTION 15.  { + This 2013 Act being necessary for the
immediate preservation of the public peace, health and safety, an
emergency is declared to exist, and this 2013 Act takes effect
July 1, 2013. + }
                         ----------

Passed by Senate July 8, 2013

    .............................................................
                               Robert Taylor, Secretary of Senate

    .............................................................
                              Peter Courtney, President of Senate

Passed by House July 8, 2013

    .............................................................
                                     Tina Kotek, Speaker of House

Enrolled Senate Bill 5532 (SB 5532-A)                      Page 3

Received by Governor:

......M.,............., 2013

Approved:

......M.,............., 2013

    .............................................................
                                         John Kitzhaber, Governor

Filed in Office of Secretary of State:

......M.,............., 2013

    .............................................................
                                   Kate Brown, Secretary of State

Enrolled Senate Bill 5532 (SB 5532-A)                      Page 4
feedback