Chapter 721 Oregon Laws 2009

AN ACT

HB 5008

Relating to financial administration of the Economic and Community Development Department; 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 Economic and Community Development Department, for the biennium beginning July 1, 2009, out of the General Fund, the amount of $4,709,470 for the Oregon Arts Commission.

SECTION 2. Notwithstanding any other law limiting expenditures, the following amounts are established for the biennium beginning July 1, 2009, as the maximum limits 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 following purposes:

(1)    Business, Innovation, and Trade......... $    14,712,770

      (2)    Infrastructure Financing        ............. $      7,124,488

      (3)    Shared Services                        ............. $      2,103,106

      (4)    Arts and Cultural Trust          ............. $      6,496,665

      (5)    Debt Service                             ............. $      2,042,782

SECTION 3. Notwithstanding any other law limiting expenditures, the following amounts are established for the biennium beginning July 1, 2009, as the maximum limits for payment of expenses from lottery moneys allocated from the Administrative Services Economic Development Fund to the Economic and Community Development Department, for the following purposes:

(1)    Business, Innovation, and Trade......... $    33,099,973

      (2)    Shared Services                        ............. $      6,974,906

      (3)    Oregon Film and Video Office............ $      1,251,703

      (4)    Debt Service                             ............. $    70,530,851

SECTION 4. Notwithstanding any other law limiting expenditures, the following amounts are established for the biennium beginning July 1, 2009, as the maximum limits for payment of expenses from federal funds collected or received by the Economic and Community Development Department, for the following purposes:

(1)    Business, Innovation, and Trade......... $      4,180,000

      (2)    Infrastructure Financing        ............. $    28,317,991

      (3)    Shared Services                        ............. $             9,258

      (4)    Arts                                           ............. $      1,793,447

SECTION 5. For the biennium beginning July 1, 2009, expenditures by the Economic and Community Development Department are not limited for:

          (1) Loans from the following funds:

          (a) Oregon Business Development Fund (ORS 285B.092), Oregon

Entrepreneurial Development Loan Fund (ORS 285B.758), Credit Enhancement Fund (ORS 285B.215) and Brownfields Redevelopment Fund (ORS 285A.188); and

          (b) Special Public Works Fund (ORS 285B.455), Water Fund (ORS 285B.563), Marine Navigation Improvement Fund (ORS 777.267), Oregon Port Revolving Fund (ORS 285A.708) and Safe Drinking Water Revolving Loan Fund (ORS 285A.213).

          (2) Debt service, excluding debt service on lottery revenue bonds.

SECTION 6. 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 16, 2009

Filed in the office of Secretary of State July 16, 2009

Effective date July 16, 2009

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