71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
SA to SB 486
 
LC 1954/SB 486-3
 
                      SENATE AMENDMENTS TO
                         SENATE BILL 486
 
                     By COMMITTEE ON REVENUE
 
                             May 31
 
  On page 1 of the printed bill, line 2, after the semicolon
delete the rest of the line.
  In line 3, delete 'visions; amending ORS 327.013;'.
  Delete lines 5 through 31 and delete pages 2 through 6 and
insert:
  '  { +  SECTION 1. + }  { + (1) The purpose of this section is
to ensure that school districts receive a percentage of amounts
received by the state under the Secure Rural Schools and
Community Self-Determination Act of 2000 (P.L. 106-393).
  ' (2) The Oregon Department of Administrative Services shall
distribute all sums received by the state pursuant to section
102(a)(2), (c)(1) and (d)(1)(A), P.L. 106-393, to counties in the
same manner as are sums derived from forest reserve rentals,
sales of timber and other sources from forest reserves under ORS
293.560. The department shall ensure that, of the total amount
distributed to all counties in any fiscal year, the percentage
distributed to each county in any fiscal year is the same as the
county's percentage share of all payments received by the state
during the eligibility period described in section 3(2), P.L.
106-393.
  ' (3) A county that receives funds from the department pursuant
to subsection (2) of this section as the county's share of
federal funds distributed under P.L. 106-393 shall deposit 25
percent of those funds in the county school fund or shall deposit
an amount as specified in ORS 294.060 (3) to (7).
  ' (4) Pursuant to ORS 328.015, amounts in the county school
fund shall be distributed to the school districts in the county
based on the resident average daily membership of the school
districts. + }
  '  { +  SECTION 2. + }  { + Section 3 of this 2001 Act is added
to and made a part of ORS 327.006 to 327.081. + }
  '  { +  SECTION 3. + }  { + Notwithstanding ORS 327.013 (9),
for purposes of calculating the State School Fund grant, Local
Revenues do not include the amount of revenue received by a
school district from the county school fund that is:
  ' (1) Attributable to funds deposited under section 1 (3) of
this 2001 Act; and
  ' (2) In excess of the amount the school district received from
the county school fund in the 2000-2001 fiscal year that is
attributable to federal forest reserve revenues. + }
  '  { +  SECTION 4. + }  { + Section 3 of this 2001 Act affects
State School Fund distributions commencing with the 2001-2002
distribution. + }
  '  { +  SECTION 5. + }  { + Sections 1 and 3 of this 2001 Act
are repealed on July 1, 2007. + }
  '  { +  SECTION 6. + }  { + 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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