73rd OREGON LEGISLATIVE ASSEMBLY--2005 Regular Session
Enrolled
House Bill 3415
Sponsored by Representatives HUNT, GILMAN; Representatives BRUUN,
BURLEY, FLORES, NELSON, SCHAUFLER, THATCHER
CHAPTER ................
AN ACT
Relating to proceeds of certain bonds.
Be It Enacted by the People of the State of Oregon:
SECTION 1. { + (1) If the Department of Transportation does
not need the total $1.3 billion in bond proceeds authorized by
section 10 (1), chapter 618, Oregon Laws 2003, for replacement
and repair of the bridges described in subsection (2) of this
section, the department shall use the proceeds not needed for the
bridges as follows:
(a) Seventy-five percent for highway projects of statewide
significance that are on the list adopted by the Oregon
Transportation Commission in May 2002; and
(b) Twenty-five percent for freight projects that the Freight
Advisory Committee considered under section 11 (1)(a), chapter
618, Oregon Laws 2003.
(2) The bridges for which the bond proceeds described in
subsection (1) of this section may be used are those bridges
identified on the document issued by the Department of
Transportation titled 'Oregon Transportation Investment Act,
State Bridge Projects, Summary of Progress on Bridges in Stages
1-5,' and dated January 2005. + }
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Passed by House May 18, 2005
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Chief Clerk of House
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Speaker of House
Passed by Senate June 23, 2005
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President of Senate
Enrolled House Bill 3415 (HB 3415-A) Page 1
Received by Governor:
......M.,............., 2005
Approved:
......M.,............., 2005
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Governor
Filed in Office of Secretary of State:
......M.,............., 2005
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Secretary of State
Enrolled House Bill 3415 (HB 3415-A) Page 2