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 9554
A-Engrossed
Senate Bill 5554
Ordered by the Senate August 25
Including Senate Amendments dated August 25
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 Education + } for { - biennial expenses - }
{ + Local Option Equalization Grants Account + }.
{ - Limits biennial expenditures from fees, moneys or other
revenues, including Miscellaneous Receipts, but excluding lottery
funds and federal funds, collected or received by _______. - }
{ - Limits biennial expenditures of _______ from federal
funds. - }
{ + Clarifies trigger for operation of specified sections of
House Bill 5077. Repeals duplicative sections of House Bill
5077. + }
Declares emergency, effective July 1, 2003.
A BILL FOR AN ACT
Relating to state financial administration; amending sections 37
and 38, chapter ___, Oregon Laws 2003 (Enrolled House Bill
5077); repealing sections 93 and 94, chapter ___, Oregon Laws
2003 (Enrolled House Bill 5077), and sections 21 and 22,
chapter ___, Oregon Laws 2003 (Enrolled House Bill 5067);
appropriating money; and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
SECTION 1. { + In addition to and not in lieu of any other
appropriation, there is appropriated to the Department of
Education, out of the General Fund, for the biennium beginning
July 1, 2003, the amount of $400,000 for the Local Option
Equalization Grants Account. + }
SECTION 2. If House Bill 5077 becomes law, section 37, chapter
___, Oregon Laws 2003 (Enrolled House Bill 5077), is amended to
read:
{ + Sec. 37. + } (1) Sections 38 to 40 { - of this 2003
Act - } { + , chapter ___, Oregon Laws 2003 (Enrolled House Bill
5077), + } become operative only if { + the estimated ending
balance for the General Fund for the biennium beginning July 1,
2003, specified in + } the estimate of General Fund revenues for
the biennium beginning July 1, 2003, that is scheduled to be
issued by the Oregon Department of Administrative Services in
June 2004, is more than $100,000,000 { - above the
end-of-session estimate that is reported to the Emergency Board
under ORS 291.349 (1) - } .
(2) If the condition specified in subsection (1) of this
section is met, sections 38 to 40 { - of this 2003 Act - }
{ + , chapter ___, Oregon Laws 2003 (Enrolled House Bill
5077), + } become operative on July 1, 2004.
SECTION 3. If House Bill 5077 becomes law, section 38, chapter
___, Oregon Laws 2003 (Enrolled House Bill 5077), is amended to
read:
{ + Sec. 38. + } The Oregon Department of Administrative
Services shall calculate the following:
(1) The amount { - by which the estimate of General Fund
revenues for the biennium beginning July 1, 2003, that is
scheduled to be issued by the Oregon Department of Administrative
Services in June 2004, exceeds the end-of-session estimate that
is reported to the Emergency Board under ORS 291.349 (1) - }
{ + of the estimated ending balance for the General Fund for
the biennium beginning July 1, 2003 + }.
(2) The amount that is equal to the amount calculated under
subsection (1) of this section minus $100,000,000.
SECTION 4. { + If House Bill 5077 becomes law:
(1) Section 93, chapter ___, Oregon Laws 2003 (Enrolled House
Bill 5077), and section 21, chapter ___, Oregon Laws 2003
(Enrolled House Bill 5067), are repealed.
(2) Section 94, chapter ___, Oregon Laws 2003 (Enrolled House
Bill 5077), and section 22, chapter ___, Oregon Laws 2003
(Enrolled House Bill 5067), are repealed. + }
SECTION 5. { + 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. + }
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