(at the request of Oregon Department of Administrative Services)
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Bill Title:
Relating to state financial administration; and declaring an emergency.
Catchline/Summary:
Establishes amounts authorized for issuance of general obligation bonds, revenue bonds, certificates of participation and other financing agreements for biennium. Establishes amounts authorized for issuance of general obligation bonds, revenue bonds, certificates of participation and other financing agreements for biennium.
Establishes amounts allocated for private activity bonds.
Makes legislative findings regarding benefits to higher education institutions and community colleges from issuance of bonds under Article XI-F(1) and Article XI-G of Oregon Constitution.
Changes entity that may request that State Treasurer issue bonds under Article XI-F(1) of Oregon Constitution to Director of Oregon Department of Administrative Services from Higher Education Coordinating Commission.
Provides that certificates of participation may be issued to finance certain expenses related to Elliott State Forest.
Limits number of projects for which community college may request funding with proceeds of bonds issued under Article XI-G of Oregon Constitution.
Requires University of Oregon to require contractors to employ apprentices and to establish and execute plan for outreach, recruitment and retention of women and minority individuals for certain work in connection with Campus for Accelerating Scientific Impact.
Declares emergency, effective July 1, 2017.
Oregon Legislative Assembly - Public Testimony Registration Form
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SB 5505
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