Bill Text: OR SB5565 | 2010 | 1st Special Session | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to state financial administration; appropriating money; declaring an emergency; and providing for transfer of moneys from the Education Stability Fund and appropriation of moneys from the Oregon Rainy Day Fund that require approval by a three-fifths majority.
Spectrum: Committee Bill
Status: (Passed) 2010-03-29 - Effective date, March 29, 2010. [SB5565 Detail]
Download: Oregon-2010-SB5565-Introduced.html
Bill Title: Relating to state financial administration; appropriating money; declaring an emergency; and providing for transfer of moneys from the Education Stability Fund and appropriation of moneys from the Oregon Rainy Day Fund that require approval by a three-fifths majority.
Spectrum: Committee Bill
Status: (Passed) 2010-03-29 - Effective date, March 29, 2010. [SB5565 Detail]
Download: Oregon-2010-SB5565-Introduced.html
75th OREGON LEGISLATIVE ASSEMBLY--2010 Special Session NOTE: Matter within { + braces and plus signs + } in an amended section is new. Matter within { - braces and minus signs - } is existing law to be omitted. New sections are within { + braces and plus signs + } . LC 230 Senate Bill 5565 Sponsored by JOINT COMMITTEE ON WAYS AND MEANS SUMMARY The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject to consideration by the Legislative Assembly. It is an editor's brief statement of the essential features of the measure as introduced. Appropriates moneys from General Fund to _______ for biennial expenses. Limits biennial expenditures from fees, moneys or other revenues, including Miscellaneous Receipts, but excluding lottery funds and federal funds, collected or received by _______. Limits biennial expenditures of _______ from federal funds. Declares emergency, effective on passage. A BILL FOR AN ACT Relating to state financial administration; 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 _______, for the biennium beginning July 1, 2009, out of the General Fund, the amount of $_____ for ______. + } SECTION 2. { + Notwithstanding any other law limiting expenditures, the amount of $_____ is established for the biennium beginning July 1, 2009, as the maximum limit for payment of expenses from fees, moneys or other revenues, including Miscellaneous Receipts, but excluding lottery funds and federal funds, collected or received by the _______ for _______. + } SECTION 3. { + Notwithstanding any other law limiting expenditures, the amount of $_____ is established for the biennium beginning July 1, 2009, as the maximum limit for payment of expenses from federal funds collected or received by the _______ for _______. + } SECTION 4. { + This 2010 Act being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this 2010 Act takes effect on its passage. + } ----------