OR HB5038

Appropriates $10,173,865 from the General Fund to the Oregon Department of Veterans' Affairs for the 2025-2027 biennium, covering operations, appeals and special advocacy, strategic partnership, aging veteran services, and debt service

Establishes $23,140,664 in expenditure limits from Veterans' Services Fund lottery moneys and $551,000 from the Administrative Services Economic Development Fund for veterans' affordable housing debt service

Sets expenditure limits of $152,234,979 from fees and other revenues for operations, home loan program, Oregon Veterans' Home program ($121,496,448), and capital improvements

Limits federal fund expenditures to $4,123,106 while exempting certain categories from spending limits, including debt service, bond sale costs, veteran loans, and borrower-related payments

Declares an emergency, making the act effective July 1, 2025