71st OREGON LEGISLATIVE ASSEMBLY--2001 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 2573
 
                         House Bill 2959
 
Sponsored by JOINT COMMITTEE ON WAYS AND MEANS
 
 
                             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.
 
  Permits use of moneys in Supplemental Employment Department
Administration Fund to pay administration expenses of ORS chapter
657A, relating to child care.
 
                        A BILL FOR AN ACT
Relating to Supplemental Employment Department Administration
  Fund; amending ORS 657.783.
Be It Enacted by the People of the State of Oregon:
  SECTION 1. ORS 657.783 is amended to read:
  657.783. (1) There is established in the State Treasury,
separate and distinct from the General Fund, the Supplemental
Employment Department Administration Fund. Such fund shall
consist of moneys collected or received by the Employment
Department pursuant to section 3, chapter 449, Oregon Laws 1987.
  (2) All income earned on moneys in the Supplemental Employment
Department Administration Fund invested by the State Treasurer
shall accrue to the fund. Any balance in this fund shall not
lapse at any time. All moneys in the fund are appropriated
continuously to the Employment Department for the payment of
expenses of administration of this chapter  { + and ORS chapter
657A + }
  { - for which federal funding has been reduced, eliminated or
otherwise is not available, and which - }   { + that + } has been
authorized in the legislatively approved budget of the Employment
Department.
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