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 2242
 
                           A-Engrossed
 
                         House Bill 3700
                   Ordered by the House May 1
             Including House Amendments dated May 1
 
Sponsored by Representative WESTLUND; Representatives BARNHART,
  BATES, BECK, BUTLER, HANSEN, HASS, HILL, HOPSON, JOHNSON,
  KNOPP, LEONARD, MARCH, MERKLEY, NOLAN, PATRIDGE, G SMITH, P
  SMITH, VERGER, WILLIAMS, WINTERS, WITT, Senators ATKINSON,
  CARTER, CLARNO, FERRIOLI, HANNON, METSGER, STARR
 
 
                             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.
 
  Allocates moneys from lottery funds for Oregon Public
Broadcasting { +  and Southern Oregon Public Television + }.
  Declares emergency, effective July 1, 2001.
 
                        A BILL FOR AN ACT
Relating to lottery proceeds; limiting expenditures; and
  declaring an emergency.
Be It Enacted by the People of the State of Oregon:
  SECTION 1.  { + (1) There is allocated to Oregon Public
Broadcasting from the Administrative Services Economic
Development Fund the amount identified in subsection (2) of this
section.
  (2) The amount of $7 million is established for the biennium
beginning July 1, 2001, as the maximum limit for payment of
expenses by Oregon Public Broadcasting from the Administrative
Services Economic Development Fund for conversion to digital
broadcasting.
  (3) There is allocated to Southern Oregon Public Television
from the Administrative Services Economic Development Fund the
amount identified in subsection (4) of this section.
  (4) The amount of $1 million is established for the biennium
beginning July 1, 2001, as the maximum limit for payment of
expenses by Southern Oregon Public Television from the
Administrative Services Economic Development Fund for conversion
to digital broadcasting.
  (5) The allocation of moneys from the Administrative Services
Economic Development Fund under this section is subject to the
requirements in section 4, Article XV of the Oregon Constitution,
for deposit of 15 percent of the net proceeds from the Oregon
State Lottery into the Education Endowment Fund and into the
Parks and Natural Resources Fund and shall be made only after
satisfaction or payment of:
  (a) Amounts allocated to Westside lottery bonds issued under
ORS 391.140 or to the reserves or any refunding related to the
Westside lottery bonds in accordance with the priority for
allocation and disbursement established by ORS 391.130;
  (b) All liens, pledges or other obligations relating to lottery
bonds or refunding lottery bonds that are due or payable during
the biennium beginning July 1, 2001; and
  (c) Amounts required by any other pledges of, or liens on, net
proceeds from the Oregon State Lottery. + }
  SECTION 2.  { + 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. + }
                         ----------