71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
HA to B-Eng. SB 101 (A to RC)
LC 1819/SB 101-B5
HOUSE AMENDMENTS TO
B-ENGROSSED SENATE BILL 101
(INCLUDING AMENDMENTS TO RESOLVE CONFLICTS)
By JOINT COMMITTEE ON WAYS AND MEANS
July 3
On page 1 of the printed B-engrossed bill, line 3, delete '
section 5' and insert 'sections 1 and 5'.
In line 4, after '273);' insert 'repealing sections 15 and 17,
chapter ___, Oregon Laws 2001 (Enrolled Senate Bill 102);'.
On page 6, delete lines 37 through 45.
On page 7, delete lines 1 through 3 and insert:
' { + NOTE: + } Section 11 was deleted by amendment.
Subsequent sections were not renumbered.'.
After line 17, insert:
' { + SECTION 12a. + } { + If Senate Bill 102 becomes law
and House Bill 3968 does not become law, section 15, chapter ___,
Oregon Laws 2001 (Enrolled Senate Bill 102) (amending ORS
348.696), and section 12 of this 2001 Act (amending ORS 348.696)
are repealed and ORS 348.696, as amended by sections 13 and 14,
chapter 1070, Oregon Laws 1999, and section 16, chapter ___,
Oregon Laws 2001 (Enrolled Senate Bill 102), is amended to
read: + }
' 348.696. The Education Endowment Fund is established separate
and distinct from the General Fund. Moneys in the fund shall be
invested as provided in ORS 293.701 to 293.790. All declared
earnings on moneys in the fund shall be transferred and
appropriated continuously as follows:
{ + ' (1) All declared earnings from the Oregon Growth
Account and the Oregon Resource and Technology Development
Account to the Higher Education Technology Transfer Fund
established in section 2 of this 2001 Act; + }
' { - (1) - } { + (2) + } All declared earnings from the
Higher Education Technology Transfer Account to the Department of
Higher Education;
' { - (2) - } { + (3) + } 75 percent of all declared
earnings not described in subsection (1) { + or (2) + } of this
section to the Oregon Education Fund established by ORS 348.716;
and
' { - (3) - } { + (4) + } 25 percent of all declared
earnings not described in subsection (1) { + or (2) + } of this
section to the Oregon Student Assistance Commission for the
Oregon Opportunity Grant program under ORS 348.260.
' { + SECTION 12b. + } { + If Senate Bill 102 becomes law
and House Bill 3968 does not become law and the amendment to
section 6, Article XI of the Oregon Constitution, proposed by
Senate Joint Resolution 17 (2001) is approved by the people at a
special election held throughout this state on the same date as
the next biennial primary election, section 17, chapter ___,
Oregon Laws 2001 (Enrolled Senate Bill 102) (amending ORS
348.696), is repealed and ORS 348.696, as amended by sections 13
and 14, chapter 1070, Oregon Laws 1999, section 16, chapter ___,
Oregon Laws 2001 (Enrolled Senate Bill 102), and section 12a of
this 2001 Act, is amended on July 1, 2011, to read: + }
' 348.696. The Education Endowment Fund is established separate
and distinct from the General Fund. Moneys in the fund shall be
invested as provided in ORS 293.701 to 293.790. All declared
earnings on moneys in the fund shall be transferred and
appropriated continuously as follows:
' (1) All declared earnings from the Oregon Growth Account and
the Oregon Resource and Technology Development Account to the
Higher Education Technology Transfer Fund established in section
2 of this 2001 Act;
' { - (2) All declared earnings from the Higher Education
Technology Transfer Account to the Department of Higher
Education; - }
' { - (3) - } { + (2) + } 75 percent of all declared
earnings not described in subsection (1) { - or (2) - } of
this section to the Oregon Education Fund established by ORS
348.716; and
' { - (4) - } { + (3) + } 25 percent of all declared
earnings not described in subsection (1) { - or (2) - } of
this section to the Oregon Student Assistance Commission for the
Oregon Opportunity Grant program under ORS 348.260.'.
On page 8, after line 15, insert:
' { + SECTION 15. + } If Senate Bill 273 becomes law and
House Bill 3968 does not become law, section 1, chapter ___,
Oregon Laws 2001 (Enrolled Senate Bill 273), is amended to read:
' { + Sec. 1. + } The Legislative Assembly finds that:
' (1) A council on knowledge and economic development is
necessary to provide for meaningful, ongoing collaboration among
Oregon's public and private institutions of higher education,
economic development leadership and the private sector in the
promotion of knowledge based economic development in Oregon.
' (2) A council would act as an early warning system for
emerging policy issues and opportunities in knowledge based
economic development for the higher education governing boards,
the Oregon Economic and Community Development Commission, the
Oregon Growth Account Board, the Oregon Resource and Technology
Development Account Board, { + the Higher Education Technology
Transfer Fund Board, + } the Legislative Assembly and the
Governor.
' (3) A council would advise such agencies and bodies on
issues, plans and the necessary infrastructure for improvement in
the areas of technology development, transfer and
commercialization as generated by the collaboration between the
public and private sectors.
' { + SECTION 16. + } If Senate Bill 273 becomes law and
House Bill 3968 does not become law, section 5, chapter ___,
Oregon Laws 2001 (Enrolled Senate Bill 273), as amended by
section 14 of this 2001 Act, is amended to read:
' { + Sec. 5. + } (1) The Oregon Council for Knowledge and
Economic Development shall advise the Governor, the Legislative
Assembly, the State Board of Higher Education, the State Board of
Education, the Oregon Economic and Community Development
Commission, the Oregon Growth Account Board, the Higher Education
Technology Transfer Fund Board and the Oregon Resource and
Technology Development { + Account + } Board in matters
pertaining to knowledge based economic development in Oregon and
the collaboration of Oregon's higher education, business,
industry and capital resources to promote the following:
' (a) High quality research and development;
' (b) Private-public models for sharing profit and intellectual
property;
' (c) The transfer and commercialization of technology and
knowledge from higher education to the private sector;
' (d) A technologically skilled workforce; and
' (e) Capital resources for investment in and commercialization
of technology developed by higher education or other research
institutions, including but not limited to national labs and
health care related research entities.
' (2) Prior to December 31, 2002, the council shall provide a
progress report to the Governor and to the appropriate interim
legislative committees regarding the status of the council's
mission. The progress report shall also provide recommendations
about:
' (a) Increasing high quality research and development in this
state;
' (b) Developing successful models for intellectual property
and profit-sharing;
' (c) Increasing the transfer and commercialization of
technology and knowledge;
' (d) Providing sufficient capital for investment in and
commercialization of technology developed by higher education
institutions or other research institutions, including but not
limited to public, private and university foundations;
' (e) Promoting the development of a technologically skilled
workforce;
' (f) Reviewing the performance of existing programs that
support technology transfer and commercialization in Oregon,
including but not limited to utilization of federal programs and
funding;
' (g) Reviewing the performance and utilization of
philanthropic programs and funding that support technology and
commercialization in Oregon, including but not limited to public,
private and university foundations; and
' (h) Continuing the council past its sunset date.
' (3) In addition to the report required by subsection (2) of
this section, the council may also provide reports to the
Governor and to the Legislative Assembly as the council
determines necessary.
' (4) All legislation recommended by official action of the
council must indicate that it is introduced at the request of the
council. Such legislation shall be prepared in time for
presession filing pursuant to ORS 171.130.'.
In line 16, delete '15' and insert '17'.
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