Bill > SB5530

This bill establishes detailed financial allocations and provisions for Oregon's state budget for the biennium beginning July 1, 2025, primarily focusing on the distribution of lottery revenues and other state funds. The bill creates an Administrative Services Economic Development Fund to manage excess lottery revenues, with specific allocations to various state departments and programs. Key allocations include $20.3 million for Oregon Business Development Department operations, $606.5 million to the State School Fund, and $389.9 million for lottery bond debt service. The bill also makes provisions for the Veterans' Services Fund, allocating funds to departments like Veterans' Affairs, Labor and Industries, and the Oregon Health Authority for veterans-related services. Additionally, the bill outlines distributions from the Criminal Fine Account to various state agencies, including the Department of Public Safety Standards and Training, the Department of Justice, and the Department of Human Services. The bill includes a mechanism for proportional reduction of allocations if lottery or fine account revenues are insufficient, and declares an emergency, allowing it to take effect immediately upon passage.

Budget and Finance, Transportation and Infrastructure

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB5530