Chapter 580 Oregon Laws 2001

 

AN ACT

 

HB 5047

 

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 the Department of Revenue, for the biennium beginning July 1, 2001, out of the General Fund, the amount of $110,169,801 for the purpose of administrative expenses.

 

          SECTION 2. In addition to and not in lieu of any other appropriation, there is appropriated to the Department of Revenue, for the biennium beginning July 1, 2001, for the purpose of making payments authorized by ORS 307.244 and 310.630 to 310.706 the amount of $9,000,000 out of the General Fund, for the purpose of the elderly rental assistance program.

 

          SECTION 3. In addition to and not in lieu of any other appropriation, there is appropriated to the Department of Revenue, for the biennium beginning July 1, 2001, the amount of $1 out of the General Fund for the purpose of deferred collection of homestead property taxes (property tax deferral outlined in ORS 311.666 to 311.701).

 

          SECTION 4. After July 1, 2001, if the amount appropriated by section 3 of this 2001 Act plus the balance in the Senior Property Tax Deferral Revolving Account are not sufficient to make the payments required by ORS 311.701 (1), the State Treasurer shall advance, as an investment of the General Fund, such amounts as may be necessary to make such payments during the biennium beginning July 1, 2001. Any moneys so advanced shall be repaid in accordance with ORS 311.701 (6) with interest thereon computed with the rates described in ORS 311.674 (3) or 311.711 (4).

 

          SECTION 5. Notwithstanding any other law, the amount of $19,140,313 is established for the biennium beginning July 1, 2001, as the maximum limit for payment of expenses from fees, moneys or other revenues collected or received, excluding lottery funds and federal funds, but including Miscellaneous Receipts, except those deposited in the Multistate Tax Commission Revolving Account and the Senior Property Tax Deferral Revolving Account, by the Department of Revenue.

 

          SECTION 6. Section 5 of this 2001 Act does not limit expenditures for expenses of the Multistate Tax Commission.

 

          SECTION 7. (1) In addition to and not in lieu of any other appropriation, there is appropriated to the Emergency Board, for the biennium beginning July 1, 2001, out of the General Fund, the amount of $703,336 for allocation to the Department of State Police for activities of the cigarette tax compliance task force.

          (2) If any of the moneys described in subsection (1) of this section are not allocated or obligated by the Emergency Board prior to November 1, 2002, the unallocated and unobligated moneys on that date become available for any other purpose for which the Emergency Board lawfully may allocate funds.

 

          SECTION 8. (1) In addition to and not in lieu of any other appropriation, there is appropriated to the Emergency Board, for the biennium beginning July 1, 2001, out of the General Fund, the amount of $479,915 for allocation to the Department of Justice for activities of the cigarette tax compliance task force.

          (2) If any of the moneys described in subsection (1) of this section are not allocated or obligated by the Emergency Board prior to November 1, 2002, the unallocated and unobligated moneys on that date become available for any other purpose for which the Emergency Board lawfully may allocate funds.

 

          SECTION 9. Notwithstanding any other law, all sections of this 2001 Act are subject to Oregon Department of Administrative Services rules related to allotting, controlling and encumbering funds.

 

          SECTION 10. This 2001 Act being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this 2001 Act takes effect July 1, 2001.

 

Approved by the Governor June 22, 2001

 

Filed in the office of Secretary of State June 25, 2001

 

Effective date July 1, 2001

__________