Chapter 139 Oregon Laws 2007

 

AN ACT

 

SB 5512

 

Relating to financial administration of the State Department of Energy; appropriating money; limiting expenditures; and declaring an emergency.

 

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

 

          SECTION 1. There is appropriated to the State Department of Energy, for the biennium beginning July 1, 2007, out of the General Fund, the amount of $1,500,000 to help the Oregon Museum of Science and Industry with repayment of a loan made through the Small Scale Local Energy Project Loan Program.

 

          SECTION 2. Notwithstanding any other law limiting expenditures, the amount of $20,397,639 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 State Department of Energy.

 

          SECTION 3. For the biennium beginning July 1, 2007, expenditures by the State Department of Energy for loans for small scale energy loan projects and expenditures by the department for debt service are not limited.

 

          SECTION 4. Notwithstanding any other law limiting expenditures, the amount of $5,533,258 is established for the biennium beginning July 1, 2007, as the maximum limit for payment of expenses from federal funds collected or received by the State Department of Energy.

 

          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 15, 2007

 

Filed in the office of Secretary of State May 15, 2007

 

Effective date July 1, 2007

__________