77th OREGON LEGISLATIVE ASSEMBLY--2013 Regular 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 1213 Senate Bill 736 Sponsored by Senator ROBLAN 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. Establishes Federal Ocean Resources Fund. Continuously appropriates moneys in fund to Department of Land Conservation and Development. Specifies uses of moneys. Requires that certain moneys received from federal government must be deposited in Federal Ocean Resources Fund. Declares emergency, effective on passage. A BILL FOR AN ACT Relating to ocean resources; appropriating money; and declaring an emergency. Be It Enacted by the People of the State of Oregon: SECTION 1. { + Subject to and consistent with federal law, any moneys received by the State of Oregon from the federal government that are related to the lease, development or use of ocean resources in the area that underlies, or that extends beyond, the boundary of the State of Oregon's territorial sea as defined in ORS 196.405 must be deposited in the Federal Ocean Resources Fund established by section 2 of this 2013 Act. + } SECTION 2. { + (1) The Federal Ocean Resources Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Federal Ocean Resources Fund shall be credited to the fund. Moneys in the fund are continuously appropriated to the Department of Land Conservation and Development to pay all costs incurred by the department in: (a) Implementing programs and providing technical assistance related to the stewardship of ocean resources. (b) Conducting scientific research and monitoring related to the socioeconomic and natural resource impacts of the development of renewable resources on ocean resources. (2) The department may accept grants, donations, contributions or gifts from any source for deposit in the Federal Ocean Resources Fund. (3) The Federal Ocean Resources Fund consists of: (a) Moneys accepted by the department pursuant to subsection (2) of this section. (b) Moneys received by the State of Oregon from the federal government as described in section 1 of this 2013 Act. (c) Interest earned on moneys in the fund. (4)(a) The department shall submit a report to the Legislative Assembly, in the manner provided by ORS 192.245, by March 31 of each calendar year listing the moneys received in the previous calendar year by the State of Oregon under section 1 of this 2013, the use of the moneys and the results of any programs, technical assistance or scientific research and monitoring provided or supported with the moneys. (b) The department shall post the report described in paragraph (a) of this subsection on the department's website for public access. + } SECTION 3. { + 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 on its passage. + } ----------