74th OREGON LEGISLATIVE ASSEMBLY--2007 Regular Session
Note: For budget, see 2007-2009 Biennial Budget
NOTE: Matter within { + braces and plus signs + } in an
amended section is new. Matter within { - braces and minus
signs - } is existing law to be omitted. New sections are within
{ + braces and plus signs + } .
LC 9035
A-Engrossed
House Bill 5035
Ordered by the House June 25
Including House Amendments dated June 25
Ordered printed by the Speaker pursuant to House Rule 12.00A (5).
Presession filed (at the request of Budget and Management
Division, Oregon Department of Administrative Services)
SUMMARY
The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure.
Maintains lottery revenues available to benefit public purposes
during biennium beginning July 1, 2007, in Administrative
Services Economic Development Fund. Allocates moneys from fund
for biennium beginning July 1, 2007.
Directs Oregon Department of Administrative Services to
establish process for quarterly allocations of moneys from
Administrative Services Economic Development Fund.
Transfers certain interest earnings from Oregon Education Fund
to Lottery Bond Fund for payments by Department of Education on
education lottery bonds.
{ + Limits biennial expenditures from lottery moneys
allocated to Economic and Community Development Department,
Department of Transportation, Housing and Community Services
Department and Oregon Department of Administrative Services for
specified purposes. + }
Declares emergency, effective July 1, 2007.
A BILL FOR AN ACT
Relating to state financial administration; limiting
expenditures; and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
SECTION 1. { + During the biennium beginning July 1, 2007, all
lottery revenues available to benefit the public purposes
specified in section 4, Article XV of the Oregon Constitution,
that are in excess of distributions or allocations required by
law shall be maintained in the Administrative Services Economic
Development Fund. + }
SECTION 2. { + All moneys in the Administrative Services
Economic Development Fund as of July 1, 2007, and thereafter are
reserved to meet the commitments of this 2007 Act. + }
SECTION 3. { + The following amounts are allocated for the
biennium beginning July 1, 2007, from the Administrative Services
Economic Development Fund, to the Economic and Community
Development Department, for the following purposes: + }
____NOTE_TO_WEB_CUSTOMERS:__________________________________
THE FOLLOWING TABULAR TEXT MAY BE IRREGULAR.
FOR COMPLETE INFORMATION PLEASE SEE THE PRINTED MEASURE.
_______________________________________________________________
{ +
(1Depa....................$18,379,555
(2) Oregon Main Street st$135,431
(3) Oregon Community
Development Fund...43,269,190
(4) Strategic Reserve for
Workforce...........1,700,000
(5) Targeted Service Pro1,350,000
(6) Oregon Main Street...$500,000
(7) Targeted Workforce Tr$250,000
(8) Olympic Trials.......$500,000
(9) Oregon Film and Vide1,281,695
(10)Principal and interest
payments on lottery
revenue bonds..57,726,272 + }
____________________________________________________________
END OF POSSIBLE IRREGULAR TABULAR TEXT
____________________________________________________________
SECTION 4. { + Notwithstanding any other law limiting
expenditures, the amount of $5,250,000 is established for the
biennium beginning July 1, 2007, as the maximum limit for payment
of expenses from lottery moneys allocated from the Administrative
Services Economic Development Fund to the Economic and Community
Development Department for deposit in the Oregon Community
Development Fund, for the Oregon Innovation Council for the
development of a signature research center focused on drug
development in the areas of infectious diseases. + }
SECTION 5. { + Notwithstanding any other law limiting
expenditures, the amount of $200,000 is established for the
biennium beginning July 1, 2007, as the maximum limit for payment
of expenses from lottery moneys allocated from the Administrative
Services Economic Development Fund to the Economic and Community
Development Department for the strategic reserve for workforce
development and for other economic development investments. + }
SECTION 6. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Economic and Community Development
Department, the amount of $449,647 for the purpose of paying,
when due, the principal, interest and premium, if any, on
outstanding lottery bonds for Coos Bay channel deepening projects
authorized pursuant to section 13, chapter ____, Oregon Laws 2007
(Enrolled House Bill 5036), and on any bonds issued to refund
such lottery bonds, of funding reserves for any of those bonds
and of paying related costs of the department. + }
SECTION 7. { + Notwithstanding any other law limiting
expenditures, for the biennium beginning July 1, 2007, the
maximum limit for payment of expenses from lottery moneys
allocated from the Administrative Services Economic Development
Fund to the Economic and Community Development Department for
debt service under section 3 (10), chapter ____, Oregon Laws 2007
(Enrolled Senate Bill 5508), is increased by $389,882. + }
SECTION 8. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Department of Education, for the State
School Fund, the amount of $634,142,231. + }
SECTION 9. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Department of Transportation, the amount
of $41,579,216 for the purposes of paying, when due, the
principal, interest and premium, if any, on outstanding lottery
bonds for rail projects, rail infrastructure assistance and
multimodal transportation infrastructure projects and on any
bonds issued to refund such lottery bonds, of funding reserves
for any of those bonds and of paying related costs of the
department. + }
SECTION 10. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Department of Transportation, the amount
of $4,931,493 for the purpose of paying, when due, the principal,
interest and premium, if any, on lottery bonds for rail projects,
rail infrastructure assistance and multimodal transportation
infrastructure projects authorized pursuant to section 1, chapter
____, Oregon Laws 2007 (Enrolled House Bill 2278), and on any
bonds issued to refund such lottery bonds, of funding reserves
for any of those bonds and of paying related costs of the
department. + }
SECTION 11. Pursuant to ORS 461.549, there is allocated for the
biennium beginning July 1, 2007, from the Administrative Services
Economic Development Fund, to the Problem Gambling Treatment
Fund, for distribution to counties for treatment of gambling
addiction, the amount of $13,161,496.
SECTION 12. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Department of Education, for the Lottery
Bond Fund for the purpose of paying, when due, the principal,
interest and premium, if any, on outstanding education lottery
bonds, the amount of $41,874,677. + }
SECTION 13. { + There is transferred to the Lottery Bond Fund
for the biennium beginning July 1, 2007, out of the Oregon
Education Fund, 100 percent of the declared earnings on the
Education Stability Fund that are transferred to the Oregon
Education Fund during the biennium beginning July 1, 2007, to be
used by the Department of Education for the purposes of
maintaining cash flow and paying, when due, the principal,
interest and premium, if any, on outstanding education lottery
bonds. + }
SECTION 14. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Housing and Community Services
Department, for the purpose of paying, when due, the principal,
interest and premium, if any, on outstanding lottery bonds, the
amount of $4,396,584. + }
SECTION 15. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Housing and Community Services
Department, the amount of $1,476,120 for the purpose of paying,
when due, the principal, interest and premium, if any, on lottery
bonds issued to finance homeless housing. + }
SECTION 16. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Oregon Department of Administrative
Services, for transfer to the State Department of Agriculture,
the amount of $35,190 for the purpose of supporting the
administration of county fairs in this state. + }
SECTION 17. { + Pursuant to ORS 565.447, there is allocated
for the biennium beginning July 1, 2007, from the Administrative
Services Economic Development Fund, to the Oregon Department of
Administrative Services, the amount of $3,557,141 for the purpose
of supporting county fairs in this state. Funds allocated under
this section shall be deposited in the County Fair Account
established by ORS 565.445. + }
SECTION 18. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Oregon Department of Administrative
Services, the amount of $1,605,934 for the purpose of paying,
when due, the principal, interest and premium, if any, and
bond-related costs on outstanding lottery bonds issued to finance
equipment modernization for public broadcasting in Oregon. + }
SECTION 19. { + Notwithstanding any other law limiting
expenditures, for the biennium beginning July 1, 2007, the
maximum limit for payment of expenses from lottery moneys
allocated from the Administrative Services Economic Development
Fund to the Oregon Department of Administrative Services for the
purpose of paying, when due, the principal, interest and premium,
if any, and bond-related costs on lottery bonds issued to finance
equipment modernization for public broadcasting in Oregon
pursuant to section 16, chapter ____, Oregon Laws 2007 (Enrolled
House Bill 5036), is increased by $168,703. + }
SECTION 19a. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Oregon Department of Administrative
Services, the amount of $168,703 for the purpose of paying, when
due, the principal, interest and premium, if any, on lottery
bonds issued for equipment modernization for public broadcasting
in Oregon. + }
SECTION 20. { + During the biennium beginning July 1, 2007,
the Oregon Department of Administrative Services shall transfer
to the Oregon Public Broadcasting Corporation $3,000,000 of the
proceeds from lottery bonds issued to finance modernization of
equipment for public broadcasting in Oregon. + }
SECTION 21. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Department of Higher Education, the
amount of $7,948,180 for the purpose of paying, when due, the
principal, interest and premium, if any, on outstanding lottery
bonds issued to finance facilities construction and deferred
maintenance projects. + }
SECTION 22. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the office of the Governor, the amount of
$2,146,112 for expenses of the Economic Revitalization Team. + }
SECTION 23. { + For the purpose of carrying out the provisions
of ORS 461.543 (4), there is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Sports Lottery Account, the amount of
$11,634,945. + }
SECTION 24. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Oregon Department of Administrative
Services, the amount of $45,182,914 for distribution to counties
for economic development activities as provided by ORS
461.547. + }
SECTION 25. { + (1) The Oregon Department of Administrative
Services shall establish by rule a process for allocating
available moneys in the Administrative Services Economic
Development Fund on a quarterly basis to fulfill the biennial
allocations made in this 2007 Act. All quarterly allocations
shall be set by the Oregon Department of Administrative Services.
(2) If, in any quarter, the moneys transferred from the State
Lottery Fund to the Administrative Services Economic Development
Fund are insufficient to pay for the quarterly allocations made
under this 2007 Act, the Oregon Department of Administrative
Services:
(a) Shall satisfy the debt service obligations for Westside
Light Rail in the amount of $19,927,285 prior to making any other
allocations pursuant to this 2007 Act.
(b) Subject to paragraph (a) of this subsection, prior to
making any other allocations pursuant to this 2007 Act, shall
satisfy debt service obligations in the following amounts: + }
____NOTE_TO_WEB_CUSTOMERS:__________________________________
THE FOLLOWING TABULAR TEXT MAY BE IRREGULAR.
FOR COMPLETE INFORMATION PLEASE SEE THE PRINTED MEASURE.
_______________________________________________________________
{ +
(AEconomic and Community
Development Departm58,175,919
(B) Department of Educa41,874,677
(C) Housing and Community Services
Department..........5,872,704
(D) Oregon Department of
Administrative Servi1,774,637
(E) Department of Higher
Education..........13,277,317
(F) Department of Transportation
for rail and infrastructure
projects.......46,510,709 + }
____________________________________________________________
END OF POSSIBLE IRREGULAR TABULAR TEXT
____________________________________________________________
{ + (3) After the debt service obligations described in
subsection (2) of this section are satisfied, if the remaining
moneys transferred from the State Lottery Fund to the
Administrative Services Economic Development Fund are
insufficient to pay for the quarterly allocations made under this
2007 Act, the allocations shall be reduced proportionately in
sufficient amounts to accommodate the revenue shortfall. + }
SECTION 26. { + Notwithstanding any other law limiting
expenditures, the amount of $2,130,000 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 Economic and Community
Development Department for the purpose of paying, when due, the
principal, interest and premium, if any, and bond-related costs
on lottery bonds issued. + }
SECTION 27. { + There is allocated for the biennium beginning
July 1, 2007, from the Administrative Services Economic
Development Fund, to the Department of Higher Education, the
amount of $5,329,137 for the purpose of paying, when due, the
principal, interest and premium, if any, and bond-related costs
on lottery bonds issued to finance capital repair projects. + }
SECTION 28. { + 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. + }
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