Relating to ocean resources; appropriating money; and declaring an emergency.
Catchline/Summary:
Establishes Oregon Ocean Science Trust and specifies duties of trust. Establishes Oregon Ocean Science Trust and specifies duties of trust. Directs State Land Board to appoint members of trust. Directs Department of State Lands to provide clerical, technical and management personnel as needed to serve trust] facility and administrative support for meetings of trust as requested and directs other agencies to provide assistance to trust on priority marine science needs of state.
Establishes Oregon Ocean Science Fund and continuously appropriates moneys in fund to trust for specified purposes. Requires state's distributive share of moneys collected under Outer Continental Shelf Lands Act to be deposited in fund. Requires 30 percent of distributive share to be paid to coastal counties adjacent to lands containing tracts for which distributive share is received. Permits not more than five percent of total moneys in fund to be used to reimburse agencies for assistance to trust.
Declares emergency, effective on passage.
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SB 737
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