Increases the cap on amounts held in the Oregon Rainy Day Fund.Digest: The Act raises the maximum amount of money that can be held in a reserve fund. (Flesch Readability Score: 74.2).
[Digest: The Act raises the amount of money that is put in a reserve fund every two years. It raises the maximum amount of money that can be held in the reserve fund. (Flesch Readability Score: 74.2).]
[Increases the maximum amount of the biennial transfer to the Oregon Rainy Day Fund.]
Increases the cap on amounts held in the Oregon Rainy Day Fund.
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SB 1562
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