Chapter 725 Oregon Laws 2005

 

AN ACT

 

SB 5610

 

Relating to state financial administration; and declaring an emergency.

 

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

 

          SECTION 1. The Oregon Department of Administrative Services shall make the following transfers from the Tobacco Settlement Funds Account for the biennium beginning July 1, 2005:

 

      (1)    To the Oregon Appropriation

              Bond Fund established under

              section 3, chapter 11,

              Oregon Laws 2003........................   $    86,695,855

      (2)    To the Department of Human

              Services for expenses of

              the Oregon Health Plan................   $    24,500,000

      (3)    To the Tobacco Enforcement

              Fund, in compliance with

              ORS 293.537..................................   $         700,000

      (4)    To the Oregon Health

              and Science University

              Bond Fund.....................................   $    31,975,150

 

          SECTION 2. 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 August 17, 2005

 

Filed in the office of Secretary of State August 17, 2005

 

Effective date August 17, 2005

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