75th OREGON LEGISLATIVE ASSEMBLY--2009 Regular Session
Note: For budget, see 2009-2011 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 9019
A-Engrossed
House Bill 5019
Ordered by the House June 12
Including House Amendments dated June 12
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.
Appropriates moneys from General Fund to Housing and Community
Services Department for biennial expenses.
Limits biennial expenditures from fees, moneys or other
revenues, including Miscellaneous Receipts, and including certain
federal funds, but excluding lottery funds and other federal
funds, collected or received by department.
Limits biennial expenditures by department from certain lottery
moneys.
Limits biennial expenditures by department from federal funds.
Authorizes specified nonlimited expenditures.
Declares emergency, effective July 1, 2009.
A BILL FOR AN ACT
Relating to financial administration of the Housing and Community
Services 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 Housing and
Community Services Department, for the biennium beginning July 1,
2009, out of the General Fund, the amount of $10,146,231. + }
SECTION 2. { + Notwithstanding any other law limiting
expenditures, the following amounts are established for the
biennium beginning July 1, 2009, as the maximum limit for payment
of expenses and debt service, from fees, moneys or other
revenues, including Miscellaneous Receipts and federal funds from
the United States Department of Housing and Urban Development for
contract services, but excluding lottery funds and federal funds
not described in this section, collected or received by the
Housing and Community Services Department: + }
____NOTE_TO_WEB_CUSTOMERS:__________________________________
THE FOLLOWING TABULAR TEXT MAY BE IRREGULAR.
FOR COMPLETE INFORMATION PLEASE SEE THE PRINTED MEASURE.
_______________________________________________________________
{ +
(1Oper....................$139,525,713
(2) Debt Service......120,382 + }
____________________________________________________________
END OF POSSIBLE IRREGULAR TABULAR TEXT
____________________________________________________________
SECTION 3. { + Notwithstanding any other law limiting
expenditures, the amount of $8,820,655 is established for the
biennium beginning July 1, 2009, as the maximum limit for payment
of expenses from lottery moneys allocated from the Administrative
Services Economic Development Fund to the Housing and Community
Services Department for lottery bonds. + }
SECTION 4. { + Notwithstanding any other law limiting
expenditures, the amount of $252,724,958 is established for the
biennium beginning July 1, 2009, as the maximum limit for payment
of expenses from federal funds other than those described in
sections 2 and 5 of this 2009 Act collected or received by the
Housing and Community Services Department. + }
SECTION 5. { + For the biennium beginning July 1, 2009,
expenditures by the Housing and Community Services Department for
the following are not limited:
(1) Payments for costs resulting from the sale and issuance or
redemption of bonds issued under ORS 287A.360, 456.519, 456.645
and 456.650 (2005 Edition).
(2) Payment of debt service and redemption premium on bonds
issued under ORS 287A.360, 456.519, 456.645 and 456.650 (2005
Edition) and payments for the purchase of bonds as provided in
ORS 456.680.
(3) Loans and payments for purchasing, insuring and servicing
loans as provided in ORS 456.625, 456.627, 456.635, 456.690,
456.705, 456.715 and 456.717 and payments for the purchase from
lending institutions of securities backed by residential loans as
provided in ORS 456.635 (1).
(4) Advances for development costs made in accordance with ORS
456.710.
(5) Pass-through payments of federal rent subsidy moneys from
the United States Department of Housing and Urban Development.
(6) Payments for costs associated with asset protection. + }
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. + }
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