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OR SB5539
Bill
AI Summary
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Establishes maximum expenditure limits for the Department of State Lands for the 2025-2027 biennium beginning July 1, 2025
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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
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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
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Exempts tenant-incurred utility charges and State Treasurer investment-related transaction charges from expenditure limits
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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