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
 
                         Senate Bill 629
 
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 as
introduced.
 
  Prevents interest from accruing while defendant is incarcerated
for crime for which monetary obligation is imposed.
  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  { - , - }
 { + :
  (a) Judgments in criminal actions in which a person is
sentenced to a term of imprisonment bear interest at the rate of
12.5 percent per annum for the first five years from the date the
person is released from custody and four percent per annum
thereafter.
  (b) + } Judgments in criminal actions  { + in which a person is
not sentenced to a term of imprisonment  + }bear interest at the
rate of 12.5 percent per annum   { - from the date of entry of
the judgment - } for the first five years  { + from the date of
entry of the judgment + } and four percent per annum thereafter.
   { +  (2) + } 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. 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.
  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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