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 2991
 
                         Senate Bill 643
 
Sponsored by COMMITTEE ON GENERAL GOVERNMENT AND TRANSPORTATION
 
 
                             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.
 
  Requires public body that imposes tax or fee for specified
purpose, or that receives moneys from state for specified
purpose, to spend moneys for only specified purpose.
 
                        A BILL FOR AN ACT
Relating to public finance.
Be It Enacted by the People of the State of Oregon:
  SECTION 1.  { + (1) As used in this section, 'public body' has
the meaning given that term in ORS 30.260.
  (2) A public body that imposes a tax or fee to raise revenue
for a specified purpose, or that receives moneys through an
appropriation or otherwise from the state for a specified
purpose, may not spend the moneys raised or received for anything
that does not directly serve the specified purpose. + }
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