72nd OREGON LEGISLATIVE ASSEMBLY--2003 Regular Session
 
Note: For budget, see 2003-05 Biennial Budget
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 9545
 
                           A-Engrossed
 
                        Senate Bill 5545
                  Ordered by the Senate May 29
            Including Senate Amendments dated May 29
 
Printed pursuant to Senate Interim Rule 213.28 by order of the
  President of the Senate in conformance with presession filing
  rules, indicating neither advocacy nor opposition on the part
  of the President (at the request of Budget and Management
  Division, Oregon Department of Administrative Services)
 
 
                             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.
 
  Appropriates moneys from General Fund to Department of
Veterans' Affairs for biennial expenses.
  Limits biennial expenditures of department from certain
accounts.
  Excludes from expenditure limitation expenditures for debt
service and certain property-related costs.
  Declares emergency, effective July 1, 2003.
 
                        A BILL FOR AN ACT
Relating to the financial administration of the Department of
  Veterans' Affairs; 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 Department of
Veterans' Affairs, for the biennium beginning July 1, 2003, out
of the General Fund, the amount of $2,345,936 for payment of
expenses for services to veterans. + }
  SECTION 2.  { + Notwithstanding any other law limiting
expenditures, the amount of $38,099,293 is established for the
biennium beginning July 1, 2003, as the maximum limit for payment
of expenses from the Oregon War Veterans' Bond Sinking Account
and the Miscellaneous Receipts Account of the Department of
Veterans' Affairs for administration, grants and services
supplied to veterans. + }
  SECTION 3.  { + For the biennium beginning July 1, 2003,
expenditures for debt service, loans to veterans, payments for
property taxes, city liens, fire insurance, mortgage cancellation
insurance, professional services and related costs associated
directly with bond sales, and repairs to and miscellaneous
charges for borrower-owned property, which are charged to the
loan account and repaid along with the payment of loan interest
and principal, are not limited. + }
 
  SECTION 4.  { + 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. + }
                         ----------