74th OREGON LEGISLATIVE ASSEMBLY--2007 Regular Session
 
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 3339
 
                           A-Engrossed
 
                         Senate Bill 629
                 Ordered by the Senate April 11
           Including Senate Amendments dated April 11
 
Sponsored by Senator WALKER
 
 
                             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.
 
  Prevents interest from accruing while defendant is incarcerated
for crime for which monetary obligation is imposed.  { +
Modifies rate of accrual upon person's release from custody. + }
  Declares emergency, effective July 1, 2007.
 
                        A BILL FOR AN ACT
Relating to criminal judgments; creating new provisions; amending
  ORS 137.183; and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
  SECTION 1. ORS 137.183 is amended to read:
  137.183.  { + (1) + }   { - Notwithstanding ORS 82.010, - }
Judgments in criminal actions bear interest at the rate { +
provided in ORS 82.010. + }
  { - of 12.5 percent per annum from the date of entry of the
judgment for the first five years and four percent per annum
thereafter. - } The clerk of the court shall calculate interest
on each category of monetary obligation established by ORS
137.295 for the purpose of distribution of the interest in the
manner provided in ORS 137.295.  { + Except as provided in
subsection (2) of this section, + } interest shall accrue monthly
on the first day of each month, beginning with the first day of
the second full calendar month after the monetary obligation
first becomes due.
   { +  (2) When a person is sentenced to a term of imprisonment,
interest on a judgment in a criminal action does not begin to
accrue until the first day of the second full calendar month
after the person's initial release from custody following the
sentencing in which the monetary obligation was imposed. + }
  SECTION 2.  { + The amendments to ORS 137.183 by section 1 of
this 2007 Act apply only to judgments entered on or after July 1,
2007. + }
  SECTION 3.  { + 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 on July 1,
2007. + }
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