74th OREGON LEGISLATIVE ASSEMBLY--2007 Regular Session
 
SA to B-Eng. HB 2140
 
LC 1026/HB 2140-B4
 
                      SENATE AMENDMENTS TO
                   B-ENGROSSED HOUSE BILL 2140
 
                      By COMMITTEE ON RULES
 
                             June 22
 
  On page 37 of the printed B-engrossed bill, line 34, delete '
body' and insert 'agency'.
  After line 34, insert:
  ' (E) The difference between:
  ' (i) The value of land that a public agency sells to a private
entity as determined at the time of the sale after taking into
account any plan, requirement, covenant, condition, restriction
or other limitation, exclusive of zoning or land use regulations,
that the public agency imposes on the development or use of the
land; and
  ' (ii) The fair market value of the land if the land is not
subject to the limitations described in subparagraph (i) of this
paragraph;'.
  In line 35, delete '(E)' and insert '(F)'.
  In line 37, delete '(F)' and insert '(G)'.
  In line 38, delete 'or'.
  After line 38, insert:
  ' (H) Moneys derived from the sale of bonds that are loaned by
a state agency to a private entity, unless the moneys will be
used for a public improvement;
  ' (I) Value added to land as a consequence of a public agency's
site preparation, demolition of real property or remediation or
removal of environmental contamination, except for value added in
excess of the expenses the public agency incurred in the site
preparation, demolition or remediation or removal when the land
is sold for use in a project otherwise subject to ORS 279C.800 to
279C.870; or'.
  In line 39, delete '(G)' and insert '(J)'.
  In line 41, delete 'as defined in ORS 279A.010'.
  On page 44, after line 4, insert:
  '  { +  SECTION 46. + }  { + (1) On or before July 1, 2008, the
State Treasurer shall report to the advisory committee appointed
under ORS 279C.820 and to the President of the Senate and the
Speaker of the House of Representatives on the loan programs
under which moneys derived from the sale of bonds by the State
Treasurer are loaned to private entities. The report shall
include, for each loan described in this section for which a
closing occurred between January 1, 2002, and December 31, 2007:
  ' (a) Identification of the state agency for which bonds are
issued;
  ' (b) The purposes of the loan program under which the bond
proceeds are issued; and
  ' (c) The constitutional and statutory provisions authorizing
the loan program.
  ' (2) Information the State Treasurer reports under this
section shall be information that the state agency involved keeps
in the ordinary course of its business and that is not exempt
from public disclosure under ORS 192.410 to 192.505. The
information may include, but need not be limited to:
 
  ' (a) Identification of the private borrowers to whom loans
were made;
  ' (b) The amount of each loan;
  ' (c) The interest rate applied to repayment of each loan; and
  ' (d) If known by the agency, the purpose for which the loan
funds were advanced. + } ' .
  In line 5, delete '46' and insert '47'.
  In line 6, delete '47' and insert '48'.
  In line 12, delete '46' and insert '47'.
  In line 23, delete '48' and insert '49'.
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