Chapter 587 Oregon Laws 2011

AN ACT

SB 5546

Relating to the financial administration of the Department of Veterans’ Affairs; appropriating money; limiting expenditures; and declaring an emergency.

Be It Enacted by the People of the State of Oregon:

SECTION 1. There are appropriated to the Department of Veterans’ Affairs, for the biennium beginning July 1, 2011, out of the General Fund, the following amounts, of which the department may expend up to 54 percent during the period beginning July 1, 2011, and ending June 30, 2012, for payment of expenses for services supplied to veterans:

(1) For services provided

by the Department of

Veterans’ Affairs $ 2,533,208

(2) For payments to counties

pursuant to ORS 406.310

and 406.462 $ 3,033,314

(3) For payments to veterans’

service organizations pursuant

to ORS 406.310 $ 103,709

SECTION 2. (1) Notwithstanding any other law limiting expenditures, the amount of $44,930,719 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 and the Oregon War Veterans’ Bond Sinking Account, but excluding lottery funds and federal funds, collected or received by the Department of Veterans’ Affairs for administration, grants and services supplied to veterans.

(2) This section does not limit expenditures from the Oregon War Veterans’ Bond Sinking Account for purposes described in section 3 of this 2011 Act.

SECTION 3. For the biennium beginning July 1, 2011, expenditures by the Department of Veterans’ Affairs for the following purposes are not limited:

(1) Debt service;

(2) Professional services and related costs associated directly with bond sales;

(3) Loans to veterans; and

(4) Payments on behalf of borrowers for property taxes, city liens, fire insurance, mortgage cancellation insurance and repairs to and miscellaneous charges for borrower-owned property that are charged to the loan account and repaid along with the payment of loan interest and principal.

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 28, 2011

Filed in the office of Secretary of State June 29, 2011

Effective date July 1, 2011

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