72nd OREGON LEGISLATIVE ASSEMBLY--2003 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 1835
 
                         House Bill 2532
 
Sponsored by Representative NELSON
 
 
                             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 agencies and entities to identify surplus property and
state value of property. Requires Legislative Assembly to deduct
value of identified property from budget for agency or entity.
  Requires Legislative Fiscal Office to issue statement prior to
vote on budget bill stating whether another budget bill for same
agency has been voted on in current session.
 
                        A BILL FOR AN ACT
Relating to state financial administration.
Be It Enacted by the People of the State of Oregon:
  SECTION 1.  { + (1) Every agency or entity for which the
Legislative Assembly appropriates or allocates moneys or approves
expenditures shall submit to the Legislative Fiscal Office a list
of the agency's or entity's surplus real and personal property.
The list shall include a description of the property and an
estimate of the fair market value of the property.
  (2) The list required by subsection (1) of this section must be
submitted to the Legislative Fiscal Office prior to the beginning
of each regular session of the Legislative Assembly. + }
  SECTION 2.  { + In developing a budget for an agency or entity
that is required to submit a list of surplus property under
section 1 of this 2003 Act, the Legislative Assembly shall deduct
the value of the surplus property as identified under section 1
of this 2003 Act from the moneys that would otherwise be
appropriated or allocated to, or approved for expenditure by, the
agency or entity. + }
  SECTION 3.  { + Before a bill that includes an appropriation,
allocation or expenditure limitation for an agency or entity is
voted on in either house of the Legislative Assembly, the
Legislative Fiscal Office shall prepare a statement that
indicates whether any other appropriation, allocation or
expenditure limitation for the agency or entity has been voted on
in the current session of the Legislative Assembly. If any other
appropriation, allocation or expenditure limitation has been
voted on, the statement shall include the amount of the prior
appropriation, allocation or expenditure limitation and a
statement of the need for the additional appropriation,
allocation or expenditure limitation. The statement prepared
under this section shall be distributed to each member of the
Legislative Assembly. + }
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