Oregon Statutes 196.640 – Oregon Removal-Fill Mitigation Fund; rules
(1) The Oregon Removal-Fill Mitigation Fund is established, separate and distinct from the General Fund. All moneys received under ORS § 196.645 shall be paid into the State Treasury and credited to the Oregon Removal-Fill Mitigation Fund. All moneys in the fund are appropriated continuously to the Department of State Lands to be used by the department as set forth in ORS § 196.650. The moneys in the fund may be invested and reinvested as provided in ORS § 293.701 to 293.857. Interest earned by the fund shall be credited to the fund.
Terms Used In Oregon Statutes 196.640
- State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100
(2) The department shall keep a record of all moneys deposited in the fund. The record shall indicate by separate cumulative accounts the source from which the moneys are derived and the individual activity or program against which each withdrawal is charged.
(3) The department shall publish annually the record of moneys deposited in and removed from the fund.
(4) The department may adopt rules for prioritizing expenditures from the fund for the purposes specified in ORS § 196.650. [Formerly 541.577; 2003 c.738 § 10; 2009 c.343 § 9]