Chapter 893 Oregon Laws 2001

AN ACT

SB 5528

Relating to the financial administration of Insurance Pool Governing Board; 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 Insurance Pool Governing Board, for the biennium beginning July 1, 2001, out of the General Fund, the amount of $525,529.

SECTION 2. Notwithstanding any other law, the amount of $20,032,018 is established for the biennium beginning July 1, 2001, 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 Insurance Pool Governing Board.

SECTION 3. 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 4. 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 July 31, 2001

Filed in the office of Secretary of State July 31, 2001

Effective date July 31, 2001

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