Chapter 776 Oregon Laws 2005

AN ACT

SB 5546

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

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

SECTION 1. There are appropriated to the Department of State Lands, for the biennium beginning July 1, 2005, out of the General Fund, the following amounts for the following purposes:

(1) Natural Heritage Advisory

Council.................................... $ 28,991

(2) Common School Fund

programs................................. $ 149,816

SECTION 2. 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 Department of State Lands, for the following purposes:

(1) Natural Heritage Advisory

Council.................................... $ 1,340

(2) South Slough National

Estuarine Research

Reserve operations................. $ 995,421

(3) Common School Fund

programs................................. $ 14,021,991

(4) Capital improvements............ $ 487,009

(5) Oregon Wetlands Mitigation

Bank Revolving Fund

Account................................... $ 550,000

SECTION 3. 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 federal funds collected or received by the Department of State Lands, for the following purposes:

(1) Natural Heritage Advisory

Council.................................... $ 70,966

(2) South Slough National

Estuarine Research

Reserve operations................. $ 1,323,994

(3) Common School Fund

programs................................. $ 516,719

SECTION 4. For the biennium beginning July 1, 2005, expenditures by the Department of State Lands for distribution of interest earnings on the Common School Fund to counties for apportionment among the school districts of the county, unclaimed property finders fees and State Treasurer charges for investment related transactions are not limited.

SECTION 5. 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 23, 2005

Filed in the office of Secretary of State August 23, 2005

Effective date August 23, 2005

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