| Catchline/Summary: |
Limits for six-year period beginning July 1, 2007, payment of expenses from other funds collected or received by various state agencies for capital construction.
Limits for six-year period beginning July 1, 2007, payment of expenses from other funds collected or received by various state agencies for capital construction. Limits for six-year period beginning July 1, 2007, payment of expenses from bond proceeds and other revenues, including federal funds, collected or received by Department of Higher Education for capital construction within Department of Higher Education.
Establishes for six-year period beginning July 1, 2007, maximum limit for expenditure of federal funds collected or received by Oregon Military Department.
Establishes various accounts in General Fund. Continuously appropriates moneys from accounts to Department of Higher Education and Department of Community Colleges and Workforce Development. Allows transfer of money to Department of Higher Education for capital construction. Allows transfer of money to Department of Community Colleges and Workforce Development for expenditures relating to deferred maintenance, capital renewal, code compliance and safety projects.
Establishes Department of Community Colleges and Workforce Development Deferred Maintenance and Capital Repair Project Fund. Allows Department of Community Colleges and Workforce Development to request that State Treasurer deposit lottery bonds in fund for expenditures relating to deferred maintenance, capital renewal, code compliance and safety projects.
Limits biennial expenditures from bond proceeds collected or received by Department of Community Colleges and Workforce Development to pay for expenditures relating to deferred maintenance, capital renewal, code compliance and safety projects.
Matches funds available under expenditure limitation by issuance of certain bonds with General Fund appropriations.
Declares emergency, effective on passage.
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