Chapter 584 Oregon Laws 2003
AN ACT
SB 5518
Relating to the financial administration of the Employment Department; 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 Employment Department, for the biennium beginning July 1, 2003, out of the General Fund, the amount of $3,534,025.
SECTION 2. Notwithstanding any other law limiting expenditures, the amount of $94,529,522 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, and including federal funds from the Reed Act (42 U.S.C. 1103), collected or received by the Employment Department.
SECTION 3. There is appropriated to the Employment Department, for the biennium beginning July 1, 2003, out of the funds made available to this state on March 13, 2002, under section 903(d) of the Social Security Act (42 U.S.C. 1103(d)), as amended, the amount of $16,401,776 to be used under the direction of the Employment Department for the purposes of administering unemployment compensation law and public employment offices.
SECTION 4. Notwithstanding any other law limiting expenditures, the following amounts are established for the biennium beginning July 1, 2003, as the maximum limits for payment of expenses from federal funds collected or received by the Employment Department:
(1) Operating budget..................... $ 257,835,946
(2) Debt service............................ $ 373,250
SECTION 5. For the biennium beginning July 1, 2003, expenditures by the Employment Department for unemployment insurance claims and for purposes of carrying out the federal Trade Act are not limited.
SECTION 6. 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 July 17, 2003
Filed in the office of Secretary of State July 18, 2003
Effective date July 17, 2003
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