Chapter 412 Oregon Laws 2011

AN ACT

HB 5042

Relating to the financial administration of the Department of State Lands; 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 following amounts are established for the biennium beginning July 1, 2011, 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 Department of State Lands, for the following purposes:

(1) Common School Fund

programs $ 20,528,449

(2) Oregon Removal-Fill

Mitigation Fund $ 1,791,136

(3) Natural Heritage Advisory

Council $ 27,770

(4) South Slough National

Estuarine Research

Reserve operations $ 3,914,909

(5) Capital improvements $ 287,517

SECTION 2. Notwithstanding any other law limiting expenditures, the following amounts are established for the biennium beginning July 1, 2011, as the maximum limits for payment of expenses from federal funds collected or received by the Department of State Lands, for the following purposes:

(1) Common School Fund

programs $ 176,268

(2) Natural Heritage Advisory

Council $ 575,813

(3) South Slough National

Estuarine Research

Reserve operations $ 5,050,883

SECTION 3. For the biennium beginning July 1, 2011, expenditures by the Department of State Lands for unclaimed property finders fees and State Treasurer charges for investment-related transactions are not limited.

SECTION 4. 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 17, 2011

Filed in the office of Secretary of State June 17, 2011

Effective date July 1, 2011

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