Chapter 422 Oregon Laws 2005

AN ACT

HB 5099

Relating to state financial administration; limiting expenditures; and declaring an emergency.

Be It Enacted by the People of the State of Oregon:

SECTION 1. Notwithstanding any other law limiting expenditures, the following amounts are established for the biennium beginning July 1, 2005, as the maximum limits for payment of expenses from fees, moneys or other revenues, including Miscellaneous Receipts, but excluding lottery funds and federal funds, collected or received by the Public Utility Commission of Oregon, for the following purposes:

(1) Utility program....................... $ 8,850,413

(2) Residential Service Protection

Fund........................................ $ 9,902,816

(3) Administration........................ $ 15,459,501

SECTION 2. Notwithstanding any other law limiting expenditures, the amount of $419,566 is established for the biennium beginning July 1, 2005, as the maximum limit for payment of expenses from federal funds collected or received by the Public Utility Commission of Oregon.

SECTION 3. For the biennium beginning July 1, 2005, expenditures by the Public Utility Commission of Oregon for the universal service fund established under ORS 759.425 are not limited.

SECTION 4. This 2005 Act being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this 2005 Act takes effect July 1, 2005.

Approved by the Governor June 29, 2005

Filed in the office of Secretary of State June 30, 2005

Effective date July 1, 2005

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