Chapter 632
Oregon Laws 2011
AN ACT
SB 5511
Relating to
the financial administration of the State Department of Energy; 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 $30,991,956 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
State Department of Energy.
SECTION 2. Notwithstanding any
other law limiting expenditures, the amount of $2,088,439 is established for
the biennium beginning July 1, 2011, as the maximum limit for payment of
expenses from lottery moneys allocated from the Administrative Services
Economic Development Fund to the State Department of Energy for debt service
for the energy efficiency and sustainable technology loan program. The
department may expend up to 54 percent of the amount established under this
section during the period beginning July 1, 2011, and ending June 30, 2012.
SECTION 3. Notwithstanding any
other law limiting expenditures, the amount of $36,736,851 is established for
the biennium beginning July 1, 2011, as the maximum limit for payment of
expenses from federal funds collected or received by the State Department of
Energy.
SECTION 4. For the biennium
beginning July 1, 2011, expenditures by the State Department of Energy for
loans for small scale energy loan projects and expenditures by the department
for debt service are not limited.
SECTION 5. 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 July 6, 2011
Filed in the
office of Secretary of State July 6, 2011
Effective date
July 6, 2011
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