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OR SB5539

Bill

Status

Passed

6/23/2025

Primary Sponsor

Unknown

Origin

Senate

2025 Legislative Measures

AI Summary

  • Establishes maximum expenditure limits for the Department of State Lands for the 2025-2027 biennium beginning July 1, 2025

  • Common School Fund programs receive $59,265,951 from state revenues plus $116,945 from federal funds; Elliott State Research Forest receives $12,086,084; South Slough National Estuarine Research Reserve receives $4,039,329 from state revenues plus $4,325,973 from federal funds

  • Oregon Abandoned and Derelict Vessel Fund expenditures capped at $11,151,895; Oregon Removal-Fill Mitigation Fund at $2,282,425; Portland Harbor Cleanup Fund at $2,019,000

  • Exempts tenant-incurred utility charges and State Treasurer investment-related transaction charges from expenditure limits

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

Legislative Description

Relating to the financial administration of the Department of State Lands; and declaring an emergency.

Last Action

Effective date, July 1, 2025.

6/23/2025

Committee Referrals

Ways and Means5/21/2025
Natural Resources1/18/2025
Ways and Means1/17/2025

Full Bill Text

No bill text available