Chapter 107 Oregon Laws 2007

 

AN ACT

 

HB 5043

 

Relating to financial administration of the Department of State Lands; 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, 2007, out of the General Fund, the following amounts for the following purposes:

 

      (1)    Natural Heritage Advisory

              Council                                       $      25,452

      (2)    Common School Fund

              programs                                    $    196,325

 

          SECTION 2. Notwithstanding any other law limiting expenditures, the following amounts are established for the biennium beginning July 1, 2007, 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                                       $        1,382

      (2)    South Slough National

              Estuarine Research

              Reserve operations                    $ 1,764,963

      (3)    Common School Fund

              programs                                    $ 34,867,702

      (4)    Capital improvements               $    636,129

      (5)    Oregon Wetlands Mitigation

              Bank Revolving Fund

              Account                                      $    708,997

 

          SECTION 3. Notwithstanding any other law limiting expenditures, the following amounts are established for the biennium beginning July 1, 2007, 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                                       $    130,166

      (2)    South Slough National

              Estuarine Research

              Reserve operations                    $ 2,501,974

      (3)    Common School Fund

              programs                                    $ 1,309,094

 

          SECTION 4. For the biennium beginning July 1, 2007, expenditures by the Department of State Lands for unclaimed property finders fees and State Treasurer charges for investment-related transactions are not limited.

 

          SECTION 5. 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 9, 2007

 

Filed in the office of Secretary of State May 10, 2007

 

Effective date July 1, 2007

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