72nd OREGON LEGISLATIVE ASSEMBLY--2003 Regular Session
 
HA to HB 3656
 
LC 3764/HB 3656-3
 
                       HOUSE AMENDMENTS TO
                         HOUSE BILL 3656
 
                     By COMMITTEE ON REVENUE
 
                            August 19
 
  On page 7 of the printed bill, line 10, delete 'paper and'.
  Delete lines 15 through 34 and insert:
  '  { +  SECTION 7. + } ORS 56.041 is amended to read:
  ' 56.041. (1) The Operating Account is established in the
General Fund of the State Treasury.
  ' (2) The net amount accruing to the Secretary of State from
all fees, charges, interest, fines, penalties and miscellaneous
revenues from all sources relating to business registry
functions, and moneys received by the Secretary of State under
ORS chapters 79 and 194 and ORS 80.100 to 80.130, 87.246, 87.767
and 87.806 to 87.831 shall, after deduction of refunds, be paid
over to the State Treasurer and deposited at least monthly in the
Operating Account.
  ' (3) Moneys deposited to the credit of the Operating Account
are continuously appropriated for the expenses of carrying out
the functions and duties of the Secretary of State relating to
business registry, and the functions and duties of the Secretary
of State under ORS chapters 79 and 194 and ORS 80.100 to 80.130,
87.246, 87.767 and 87.806 to 87.831.
  '  { +  (4) At the end of each month:
  ' (a) The Secretary of State shall determine for that month the
number of business registry filings for which the Secretary of
State collected the fee described in ORS 56.140; and
  ' (b) An amount equal to $30 for each business registry filing
described in paragraph (a) of this subsection shall be
transferred to the General Fund and shall become available for
general governmental expenses.
  ' (5) As of July 1 of each year, any unexpended and unobligated
balance in the Operating Account that is in excess of the amount
that is necessary to administer the functions and duties of the
Secretary of State as described in subsection (3) of this section
for two months, as certified by the Secretary of State, shall be
transferred to the General Fund and shall become available for
general governmental expenses. + } ' .
  In line 36, after the first 'the' delete the rest of the line
and line 37 and insert 'effective date of this 2003 Act.'.
  In line 40, after the first 'the' delete the rest of the line
and insert 'effective date of this'.
  In line 42, delete '59.175 by section 4' and insert ' 59.165
and 59.175 by sections 4 and 5'.
  In line 43, after the first 'the' delete the rest of the line
and insert 'effective date of'.
  Delete line 45.
  On page 8, delete lines 1 and 2 and insert:
  ' (4) The amendments to ORS 56.140 by section 6 of this 2003
Act apply to:
  ' (a) Documents, other than renewal documents, first delivered
for filing to the Secretary of State on or after the operative
date of the amendments to ORS 56.140 by section 6 of this 2003
Act; and
  ' (b) Documents delivered for filing to the Secretary of State
for renewal purposes on or after the operative date of the
amendments to ORS 56.140 by section 6 of this 2003 Act, when the
anniversary date for renewal occurs on or after the operative
date of the amendments to ORS 56.140 by section 6 of this 2003
Act.'.
  In line 4, delete 'and the separate subaccount in the Operating
Account'.
  Delete lines 6 through 18 and insert:
  '  { +  SECTION 9. + }  { + (1) The amendments to ORS 56.041
and 56.140 by sections 6 and 7 of this 2003 Act become operative
on January 1, 2004.
  ' (2) The Secretary of State and the State Treasurer may take
any action before the operative date of the amendments to ORS
56.041 and 56.140 by sections 6 and 7 of this 2003 Act that is
necessary to enable the secretary and the treasurer to exercise,
on and after the operative date of the amendments to ORS 56.041
and 56.140 by sections 6 and 7 of this 2003 Act, all the duties,
functions and powers conferred upon the secretary and the
treasurer by the amendments to ORS 56.041 and 56.140 by sections
6 and 7 of this 2003 Act. + } ' .
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