Chapter 217
Oregon Laws 2011
AN ACT
SB 5544
Relating to
the financial administration of the Real Estate Agency; limiting expenditures;
and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
SECTION 1. Notwithstanding any
other law limiting expenditures, the amount of $6,998,460 is established for
the biennium beginning July 1, 2011, as the maximum limit 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
Real Estate Agency.
SECTION 2. This 2011 Act being
necessary for the immediate preservation of the public peace, health and
safety, an emergency is declared to exist, and this 2011 Act takes effect July
1, 2011.
Approved by
the Governor June 2, 2011
Filed in the
office of Secretary of State June 2, 2011
Effective date
July 1, 2011
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