Chapter 501 Oregon Laws 2003

AN ACT

HB 5010

Relating to the financial administration of the Construction Contractors Board; limiting expenditures; and declaring an emergency.

Be It Enacted by the People of the State of Oregon:

SECTION 1. Notwithstanding any other law limiting expenditures, the amount of $11,653,896 is established for the biennium beginning July 1, 2003, as the maximum limit for payment of expenses from fees, moneys or other revenues, including Miscellaneous Receipts, but excluding lottery funds and federal funds, collected or received by the Construction Contractors Board.

SECTION 2. This 2003 Act being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this 2003 Act takes effect July 1, 2003.

Approved by the Governor June 30, 2003

Filed in the office of Secretary of State June 30, 2003

Effective date July 1, 2003

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