Chapter 103 Oregon Laws 2010 Special Session
AN ACT
SB 5564
Relating to state financial administration; amending section 1, chapter 903, Oregon Laws 2009; and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
SECTION 1. Section 1, chapter 903, Oregon Laws 2009, is amended to read:
Sec. 1. The amounts authorized, as provided by ORS 286A.035, for issuance of general obligation bonds, revenue bonds, certificates of participation and other financing agreements of this state during the 2009-2011 biennium are as follows:
General Fund Obligations
[Department of Higher]
[Education (Art. XI-G)............................... $ 144,900,479]
Oregon University
System (Art. XI-G).................................. $ 144,900,479
Department of Community
Colleges and Workforce
Development (Art. XI-G)......................... $ 63,233,000
Department of Environmental
Quality (Art. XI-H)................................... $ 10,000,000
Oregon Military Department
(Art. XI-M)............................................... $ 15,000,000
Oregon Military Department
(Art. XI-N)................................................ $ 15,000,000
Dedicated Fund Obligations
Department of Veterans’
Affairs (Art. XI-A)................................... $ 150,000,000
[Department of Higher]
[Education]
Oregon University
System (Art. XI-F(1))............................... $ 488,401,244
Water Resources Department
(Art. XI-I(1))............................................. $ 10,000,000
Housing and Community Services
Department (Art. XI-I(2))......................... $ 100,000,000
State Department of
Energy (Art. XI-J)..................................... $ 250,000,000
Total General Obligation
Bonds........................................................ $ 1,246,534,723
REVENUE BONDS
Direct Revenue Bonds
Housing and Community
Services Department................................. $ 600,000,000
Department of Transportation,
Oregon Transportation
[Infrastructure Fund.................................. $ 100,000,000]
Infrastructure Fund................................ $ 160,000,000
Highway User Tax.................................... $ 798,514,000
[Economic and Community]
Oregon Business
Development Department......................... $ 200,000,000
Oregon Department of
Administrative Services Lottery
Revenue Bonds......................................... $ 274,300,000
Total Direct Revenue
[Bonds....................................................... $ 1,972,814,000]
Bonds........................................................ $ 2,032,814,000
Pass-Through Revenue Bonds
[Oregon Economic and Community]
Oregon Business
Development Commission Industrial
Development Bonds.................................. $ 400,000,000
Oregon Facilities Authority....................... $ 950,000,000
Housing and Community Services
Department................................................ $ 250,000,000
Total Pass-Through Revenue
Bonds........................................................ $ 1,600,000,000
[Total Revenue Bonds................................ $ 3,572,814,000]
Total Revenue Bonds.............................. $ 3,632,814,000
CERTIFICATES OF PARTICIPATION
AND OTHER FINANCING AGREEMENTS
Oregon Department of
Administrative Services............................ $ 764,780,000
SECTION 2. This 2010 Act being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this 2010 Act takes effect on its passage.
Approved by the Governor March 29, 2010
Filed in the office of Secretary of State March 29, 2010
Effective date March 29, 2010
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