Chapter 385 Oregon Laws 2011
Relating to state lottery funds received by counties; and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
SECTION 1. (1) For purposes of this section:
(a) “Dedicated fund” means a fund in the county treasury, or a separate account in the county treasury, that is dedicated, appropriated or set aside for purposes that further economic development.
(b) “Furthering economic development” has the meaning given that term in ORS 461.540.
(2)(a) When a county receives moneys that are derived either directly or indirectly from funds from the State Lottery Fund under section 4, Article XV of the Oregon Constitution, and ORS chapter 461, and the moneys are to be used for the purpose of furthering economic development, the county:
(A) Shall deposit the moneys into a dedicated fund; and
(B) May use a reasonable portion of the moneys to employ a person to manage the moneys in the dedicated fund, make the report required by subsection (3) of this section, verify that moneys are used for purposes that further economic development in the county and provide technical assistance to persons or entities receiving disbursements from the dedicated fund.
(b) Moneys received as described in this subsection may not be placed in the general fund of the county.
(3) On or before October 1 of each year, each county that has received moneys as described in subsection (2) of this section shall file a report with the Oregon Department of Administrative Services for posting on the Oregon transparency website as provided in ORS 184.483 stating:
(a) The amount of moneys received by the county as described in subsection (2) of this section;
(b) The purpose and use of moneys that have been disbursed from the dedicated fund during the prior calendar or fiscal year; and
(c) Work and services provided by the person employed under subsection (2) of this section.
SECTION 2. Section 1 of this 2011 Act applies to moneys received by a county from the State Lottery Fund on or after the effective date of this 2011 Act.
SECTION 3. This 2011 Act being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this 2011 Act takes effect on its passage.
Approved by the Governor June 16, 2011
Filed in the office of Secretary of State June 16, 2011
Effective date June 16, 2011