Oregon Statutes 276A.209 – State Information Technology Operating Fund
(1) There is established the State Information Technology Operating Fund in the State Treasury, separate and distinct from the General Fund. The moneys in the State Information Technology Operating Fund may be invested as provided in ORS § 293.701 to 293.857. Interest earnings on the fund assets must be credited to the fund.
Terms Used In Oregon Statutes 276A.209
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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 Director of the Oregon Department of Administrative Services shall deposit into the State Information Technology Operating Fund moneys for enterprise information technology and telecommunications that are appropriated to the Oregon Department of Administrative Services and that are necessary for the State Chief Information Officer to fulfill the duties, implement the functions and exercise the powers imposed upon, transferred to and vested in the State Chief Information Officer under section 1, chapter 807, Oregon Laws 2015.
(3) The State Information Technology Operating Fund consists of:
(a) Moneys deposited into the fund under subsection (2) of this section and ORS § 276A.323 and 276A.335.
(b) Amounts donated to the fund.
(c) Amounts appropriated or otherwise transferred to the fund by the Legislative Assembly.
(d) Other amounts deposited into the fund from any source.
(4) Amounts in the fund are continuously appropriated to the State Chief Information Officer for the purposes authorized by law. [Formerly 291.041]
(Technical Services and Information Technology Management)