Chapter 894 Oregon Laws 2001

AN ACT

SB 5553

Relating to state financial administration; and declaring an emergency.

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

SECTION 1. There is transferred to the General Fund, for the biennium beginning July 1, 2001, the amount of $99,219,713 from the Tobacco Settlement Funds Account established by section 1, chapter 977, Oregon Laws 2001 (Enrolled House Bill 2450). All transfers under this section shall be set by the Oregon Department of Administrative Services.

SECTION 2. There is transferred to the Department of Human Services, for the biennium beginning July 1, 2001, the amount of $124,000,000 from the Tobacco Settlement Funds Account established by section 1, chapter 977, Oregon Laws 2001 (Enrolled House Bill 2450), for the Office of Medical Assistance Programs. All transfers under this section shall be set by the Oregon Department of Administrative Services.

SECTION 3. There is transferred to the Insurance Pool Governing Board, for the biennium beginning July 1, 2001, the amount of $19,980,287 from the Tobacco Settlement Funds Account established by section 1, chapter 977, Oregon Laws 2001 (Enrolled House Bill 2450), for the Family Health Insurance Assistance Program. All transfers under this section shall be set by the Oregon Department of Administrative Services.

SECTION 4. There is transferred to the Department of Human Services, Health Division, for the biennium beginning July 1, 2001, the amount of $5,000,000 from the Tobacco Settlement Funds Account established by section 1, chapter 977, Oregon Laws 2001 (Enrolled House Bill 2450), for tobacco use prevention. All transfers under this section shall be set by the Oregon Department of Administrative Services.

SECTION 5. There is transferred to the Health Care Trust Fund, for the biennium beginning July 1, 2001, an amount not to exceed $100,000,000 from the Tobacco Settlement Funds Account established by section 1, chapter 977, Oregon Laws 2001 (Enrolled House Bill 2450). All transfers under this section shall be set by the Oregon Department of Administrative Services.

SECTION 6. 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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