72nd OREGON LEGISLATIVE ASSEMBLY--2003 Regular Session
 
HA to HB 2532
 
LC 1835/HB 2532-5
 
                       HOUSE AMENDMENTS TO
                         HOUSE BILL 2532
 
              By JOINT COMMITTEE ON WAYS AND MEANS
 
                            August 11
 
  In line 2 of the printed bill, after 'administration ' insert
'; limiting expenditures; and declaring an emergency'.
  Delete lines 4 through 23 and insert:
  '  { +  SECTION 1. + }  { + (1)(a) Notwithstanding any other
law, the first $30,048,000 of revenue collected from cigarette
taxes imposed under ORS 323.005 to 323.482 that exceeds the
amount of revenue that was estimated in the June 2003 quarterly
economic and revenue forecast issued by the Office of Economic
Analysis to be collected from cigarette taxes for the biennium
beginning July 1, 2003, adjusted as provided in section 3 of this
2003 Act, is exempt from the statutory distributions provided
under ORS 323.455, section 3, chapter 385, Oregon Laws 1995, and
section 2, chapter 2, Oregon Laws 2002 (third special session).
  ' (b) Notwithstanding paragraph (a) of this subsection, the
amount that is exempt from statutory distribution under paragraph
(a) of this subsection shall be reduced by the amount of tobacco
products tax revenue collections that is exempt from distribution
under ORS 323.625 pursuant to section 2 (1) of this 2003 Act.
  ' (2) The Department of Revenue shall transfer, at any time
during the biennium, all or any portion of the amount of
additional cigarette tax revenue described under subsection (1)
of this section to the Department of Revenue Administration
Account established by ORS 305.063 for purposes of administering
Oregon tax and revenue laws. + }
  '  { +  SECTION 2. + }  { + (1) Notwithstanding any other law,
the first $10,000,000 of revenue collected from tobacco products
taxes imposed under ORS 323.500 to 323.640 that exceeds the
amount of revenue that was estimated in the June 2003 quarterly
economic and revenue forecast issued by the Office of Economic
Analysis to be collected from tobacco products taxes for the
biennium beginning July 1, 2003, is exempt from the statutory
distribution provided under ORS 323.625.
  ' (2) The Department of Revenue shall transfer, at any time
during the biennium, all or any portion of the amount of
additional tobacco products tax revenue described under
subsection (1) of this section to the Department of Revenue
Administration Account established by ORS 305.063 for purposes of
administering Oregon tax and revenue laws. + }
  '  { +  SECTION 3. + }  { + If the tax of five mills on the
distribution of cigarettes in this state occurring prior to
January 1, 2004, that is imposed by section 3, chapter 385,
Oregon Laws 1995, is extended to distributions of cigarettes that
occur on or after January 1, 2004, the amount of revenue that was
estimated in the June 2003 quarterly economic and revenue
forecast issued by the Office of Economic Analysis to be
collected from cigarette taxes for the biennium beginning July 1,
2003, shall be adjusted in an amount determined by the Office of
Economic Analysis before calculation of the additional cigarette
tax revenue collections referred to in section 1 (1) of this 2003
Act. + }
  '  { +  SECTION 4. + }  { + Notwithstanding any other law, the
amount appropriated to the Department of Revenue out of the
General Fund, in section 1, chapter 497, Oregon Laws 2003
(Enrolled Senate Bill 5542), is reduced by $25,222,528. + }
  '  { +  SECTION 5. + }  { + Notwithstanding any other law
limiting expenditures, and in addition to the limitation
established in section 5, chapter 497, Oregon Laws 2003 (Enrolled
Senate Bill 5542), the amount of $30,048,000 is established for
the Department of Revenue for the biennium beginning July 1,
2003, as the maximum limit for payment of expenses of
administering Oregon tax and revenue laws from the additional
cigarette and tobacco products tax revenues described in sections
1 and 2 of this 2003 Act. + }
  '  { +  SECTION 6. + }  { + Notwithstanding any other law,
sections 4 and 5 of this 2003 Act are subject to Oregon
Department of Administrative Services rules related to allotting,
controlling and encumbering funds. + }
  '  { +  SECTION 7. + }  { + 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 on its passage. + } ' .
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