Chapter 535
AN ACT
SB 5537
Relating to financial administration of the Public Utility 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 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 Public Utility Commission of
Oregon, for the following purposes:
(1) Utility program........................... $ 9,560,959
(2) Residential Service Protection
Fund............................................ $ 10,134,598
(3) Administration............................ $ 16,455,423
SECTION 2. Notwithstanding any other law limiting
expenditures, the amount of $468,265 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 Public Utility Commission of
SECTION 3. For the biennium beginning July 1, 2007,
expenditures by the Public Utility Commission of
SECTION 4. 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 June 20, 2007
Filed in the office of Secretary of State June 21, 2007
Effective date July 1, 2007
__________