71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
Enrolled
House Bill 2450
Ordered printed by the Speaker pursuant to House Rule 12.00A (5).
Presession filed (at the request of Oregon Department of
Administrative Services)
CHAPTER ................
AN ACT
Relating to the Tobacco Settlement Funds Account; appropriating
money; and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
SECTION 1. { + The Tobacco Settlement Funds Account is
established as an account in the General Fund. The account shall
consist of all moneys paid to this state by United States tobacco
products manufacturers under the Master Settlement Agreement of
1998. + }
SECTION 2. { + All moneys in the Tobacco Settlement Funds
Account are continuously appropriated to the Oregon Department of
Administrative Services to be expended as directed by the
Legislative Assembly. + }
SECTION 3. { + All moneys in the Tobacco Settlement Funds
Account shall be invested as provided in ORS 293.701 to
293.790. + }
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. + }
----------
Passed by House June 30, 2001
...........................................................
Chief Clerk of House
...........................................................
Speaker of House
Passed by Senate July 3, 2001
...........................................................
President of Senate
Enrolled House Bill 2450 (HB 2450-A) Page 1
Received by Governor:
......M.,............., 2001
Approved:
......M.,............., 2001
...........................................................
Governor
Filed in Office of Secretary of State:
......M.,............., 2001
...........................................................
Secretary of State
Enrolled House Bill 2450 (HB 2450-A) Page 2