Bill > SB960

This bill makes several financial and administrative changes across various state programs and funds. It transfers $3 million from the Flexible Incentives Account and $15 million from the Oregon Fostering Innovation Strength at Home and CHIPS Fund to the General Fund, with transfers scheduled for May 31, 2027. The bill abolishes the Summer Learning Program Account and transfers any remaining funds to the General Fund, also effective May 31, 2027. It modifies the Department of Justice Protection and Education Revolving Account to include additional legal actions, transfers $14,680,000 from the Workers' Benefit Fund to the Wage Security Fund, and suspends the planned transfer to the Oregon Rainy Day Fund for the biennium ending June 30, 2025. The bill expands the Oregon Infrastructure Finance Authority's ability to provide financial assistance for levee projects to municipalities and modifies eligibility criteria for refugee service grants. Additionally, it extends the deadline for the Early Learning Council to develop and implement rules for the Employment Related Day Care subsidy program, with some criteria now to be established by July 1, 2029. The bill declares an emergency and takes effect immediately upon passage, reflecting the legislature's view that these financial adjustments are urgent and necessary for the public's immediate benefit.

Budget and Finance, Justice, Transportation and Infrastructure

Judiciary (S)

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB960