71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
Note: For budget, see 2001-03 Biennial Budget, Pages I-24, I-25,
I-26
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 9039
 
                         House Bill 5039
 
Ordered printed by the Speaker pursuant to House Rule 12.00A (5).
  Presession filed (at the request of Budget and Management
  Division, Oregon Department of Administrative Services)
 
 
                             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.
 
  Appropriates moneys from General Fund to Department of Revenue
for biennial expenses.
  Limits biennial expenditures from fees, moneys or other
revenues, including Miscellaneous Receipts, excluding lottery
funds and federal funds, collected or received by Department of
Revenue.
  Excludes expenses of Multistate Tax Commission from expenditure
limitations.
  Subjects agency to Oregon Department of Administrative Services
allotment process.
  Declares emergency, effective July 1, 2001.
 
                        A BILL FOR AN ACT
Relating to the financial administration of the Department of
  Revenue; appropriating money; limiting expenditures; and
  declaring an emergency.
Be It Enacted by the People of the State of Oregon:
  SECTION 1.  { + There is appropriated to the Department of
Revenue, for the biennium beginning July 1, 2001, out of the
General Fund, the amount of $109,133,102 for the purpose of
administrative expenses. + }
  SECTION 2.  { + In addition to and not in lieu of any other
appropriation, there is appropriated to the Department of Revenue
for the purpose of making payments authorized by ORS 307.244 and
310.630 to 310.690 the amount of $9,000,000 out of the General
Fund, for the purpose of the Elderly Rental Assistance program
for the biennium beginning July 1, 2001. + }
  SECTION 3.  { + In addition to and not in lieu of any other
appropriation, there is appropriated to the Department of Revenue
the amount of $1 out of the General Fund for the purpose of
Deferred Collection of Homestead Property Taxes (Property Tax
Deferral outlined in ORS 311.666 to 311.701) for the biennium
beginning July 1, 2001. + }
  SECTION 4.  { + After July 1, 2001, if the sum appropriated by
section 3 of this 2001 Act plus the balance in the revolving
account are not sufficient to make the payments required by ORS
311.701 (1), the State Treasurer shall advance, as an investment
of the General Fund, such amounts as may be necessary to make
such payments during the biennium beginning July 1, 2001. Any
moneys so advanced shall be repaid in accordance with ORS 311.701
(6) with interest thereon computed with the rates described in
ORS 311.674 (3) or 311.711 (4). + }
  SECTION 5.  { + Notwithstanding any other law, the amount of
$19,378,417 is established for the biennium beginning July 1,
2001, as the maximum limit for payment of expenses from fees,
moneys or other revenues collected or received, excluding federal
funds, including Miscellaneous Receipts, except those deposited
in the Multistate Tax Commission Revolving Account and the Senior
Property Tax Deferral Revolving Account, by the Department of
Revenue. + }
  SECTION 6.  { + Section 5 of this 2001 Act does not limit
expenditures for expenses of the Multistate Tax Commission. + }
  SECTION 7.  { + Notwithstanding any other law, all sections of
this 2001 Act are subject to Oregon Department of Administrative
Services rules related to allotting, controlling, and encumbering
funds. + }
  SECTION 8.  { + 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. + }
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