Bill
Bill > HB5051
summary
Introduced
01/13/2025
01/13/2025
In Committee
03/25/2025
03/25/2025
Crossed Over
03/24/2025
03/24/2025
Passed
04/07/2025
04/07/2025
Dead
Signed/Enacted/Adopted
05/06/2025
05/06/2025
Introduced Session
2025 Legislative Measures
Bill Summary
AN ACT Relating to state financial administration; amending sections 2 and 4, chapter 659, Oregon Laws 2021; and declaring an emergency.
AI Summary
This bill makes specific adjustments to state financial administration by modifying funding allocations for two key areas. First, for the Oregon Military Department, the bill increases the funding for the Washington County Readiness Center from $26,000,000 to $28,500,000, representing a $2.5 million increase. Second, for the Higher Education Coordinating Commission, the bill raises the maximum limit for expenses from fees and other revenues from $56,496,994 to $58,996,994, an increase of $2.5 million. These changes are part of a six-year spending plan that began July 1, 2021, and are intended to support infrastructure and facility improvements. The bill also includes an emergency clause, which means it will take effect immediately upon passage, reflecting the legislative determination that these financial adjustments are urgent and necessary for public peace, health, and safety. The changes appear to be technical adjustments to previously established funding limits, likely responding to updated project costs or funding needs.
Committee Categories
Budget and Finance, Transportation and Infrastructure
Sponsors (0)
No sponsors listed
Last Action
Chapter 10, (2025 Laws): Effective date April 16, 2025. (on 05/06/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...