Relating to a reserve fund; declaring an emergency.
Catchline/Summary:
Establishes Oregon Other Funds Reserve Fund. Establishes Oregon Other Funds Reserve Fund. Transfers portion of June 30, 2009, ending balance from dedicated or continuously appropriated Other Funds accounts or funds to reserve fund. Transfers interest from reserve fund to State School Fund. Specifies circumstances under which amounts transferred to reserve fund may be modified or appropriated.
Declares emergency, effective July 1, 2009.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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SB 981 Joint Committee On Ways and Means Subcommittee On Capital Construction and Info Technology
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