Relating to state financial administration; and declaring an emergency.
Catchline/Summary:
Directs Oregon Department of Administrative Services to set schedule for allocation of lottery moneys to pay lottery bond principal, interest and premium due. Directs Oregon Department of Administrative Services to set schedule for allocation of lottery moneys to pay lottery bond principal, interest and premium due.
Modifies name of recipient of lottery bonds to Mid-Columbia Health Foundation.
Allows Oregon Liquor Control Commission to use moneys in Oregon Liquor Control Commission Account during biennia beginning July 1, 2013, and July 1, 2015, to administer Control, Regulation and Taxation of Marijuana and Industrial Hemp Act. Directs commission to repay moneys from Oregon Marijuana Account plus two percent of amount expended not later than June 30, 2017.
Repeals transfers from Operating Account to General Fund.
Declares emergency, effective on passage.
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SB 605
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