Chapter 81
AN ACT
SB 5538
Relating to financial administration of the Oregon Racing Commission;
limiting expenditures; and declaring an emergency.
Be It Enacted by the People of
the State of
SECTION 1. Notwithstanding any other law limiting
expenditures, the amount of $5,664,272 is established for the biennium
beginning July 1, 2007, as the maximum limit 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 Oregon Racing
Commission.
SECTION 2. This 2007 Act being necessary for the
immediate preservation of the public peace, health and safety, an emergency is
declared to exist, and this 2007 Act takes effect July 1, 2007.
Approved by the Governor May 7, 2007
Filed in the office of Secretary of State May 7, 2007
Effective date July 1, 2007
__________