71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
HA to HB 3997
 
LC 4302/HB 3997-3
 
                       HOUSE AMENDMENTS TO
                         HOUSE BILL 3997
 
              By JOINT COMMITTEE ON WAYS AND MEANS
 
                             June 30
 
  On page 1 of the printed bill, delete lines 5 through 24 and
insert:
  '  { +  SECTION 1. + }  { + (1) As used in this section,
'general governmental purposes' means:
  ' (a) Those activities defined as governmental activities under
the accounting standards promulgated by the Governmental
Accounting Standards Board of the Financial Accounting Foundation
that are in effect on the effective date of this 2001 Act; and
  ' (b) Post-secondary educational activities that are partially
funded by student tuition and fees.
  ' (2) Each biennium, state governmental appropriations for
general governmental purposes shall be no greater than eight
percent of projected personal income in Oregon for the same
biennium. Projected personal income shall be the projected
personal income that is included by the Oregon Department of
Administrative Services in the last forecast given to the
Legislative Assembly before adjournment sine die of the regular
session on which the printed, adopted budget is based.
  ' (3) For purposes of this section, the following are
considered to be appropriations:
  ' (a) An authorization, given by law, to expend moneys in a
biennium;
  ' (b) A limitation, imposed by law, on the expenditure in a
biennium of moneys that are continuously appropriated; and
  ' (c) An estimate of amounts of moneys that are continuously
appropriated that will be spent in a biennium without limitation.
  ' (4) The following appropriations are not subject to the
limitation on appropriations contained in this section:
  ' (a) Appropriations for the construction or acquisition of
assets that are financed by state bonds, certificates of
participation or other forms of borrowing.
  ' (b) Appropriations of moneys received directly or indirectly
from the federal government.
  ' (c) Appropriations for fee remission programs of the
Department of Higher Education.
  ' (d) Appropriations of moneys voluntarily donated to a state
agency.
  ' (5) The limitation on appropriations established by this
section may be exceeded for a biennium if the Governor declares
an emergency and three-fifths of the members serving in each
house of the Legislative Assembly affirmatively vote to exceed
the limitation for the biennium. + } ' .
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