Chapter 686 Oregon Laws 2009

AN ACT

HB 5048

Relating to financial administration of the Department of Veterans’ Affairs; appropriating money; limiting expenditures; and declaring an emergency.

Be It Enacted by the People of the State of Oregon:

SECTION 1. There is appropriated to the Department of Veterans’ Affairs, for the biennium beginning July 1, 2009, out of the General Fund, the following amounts for payment of expenses for services supplied to veterans:

(1)    For services provided

              by the Department of

              Veterans’ Affairs..............................   $  2,465,764

      (2)    For payments to counties

              pursuant to ORS 406.310

              and 406.462.......................................   $  3,388,747

SECTION 2. (1) Notwithstanding any other law limiting expenditures, the amount of $47,489,461 is established for the biennium beginning July 1, 2009, as the maximum limit for payment of expenses from fees, moneys or other revenues, including Miscellaneous Receipts and the Oregon War Veterans’ Bond Sinking Account, but excluding lottery funds and federal funds, collected or received by the Department of Veterans’ Affairs for administration, grants and services supplied to veterans.

          (2) This section does not limit expenditures from the Oregon War Veterans’ Bond Sinking Account for purposes described in section 3 of this 2009 Act.

SECTION 3. For the biennium beginning July 1, 2009, expenditures by the Department of Veterans’ Affairs for the following purposes are not limited:

          (1) Debt service;

          (2) Professional services and related costs associated directly with bond sales;

          (3) Loans to veterans; and

          (4) Payments on behalf of borrowers for property taxes, city liens, fire insurance, mortgage cancellation insurance and repairs to and miscellaneous charges for borrower-owned property that are charged to the loan account and repaid along with the payment of loan interest and principal.

SECTION 4. This 2009 Act being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this 2009 Act takes effect July 1, 2009.

Approved by the Governor July 7, 2009

Filed in the office of Secretary of State July 7, 2009

Effective date July 7, 2009

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