(1) The Department of Revenue shall transfer to the Drug Treatment and Recovery Services Fund the savings to the State of Oregon from the implementation of chapter 2, Oregon Laws 2021, as calculated in ORS § 293.665.

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Terms Used In Oregon Statutes 305.231

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

(2) If the savings calculated for any subsequent biennium under ORS § 293.665 (1) is less than for any prior biennium, the amount transferred to the Drug Treatment and Recovery Services Fund shall be the highest amount calculated for any previous biennium.

(3) The savings as calculated in ORS § 293.665 shall be transferred on or before the end of the fiscal year in which the calculation is completed.

(4) The department shall retain revenue from the tax imposed under ORS Chapter 316 in an amount necessary to make the transfer required under this section. The department shall make the transfer out of the revenue in lieu of paying the revenue over to the State Treasurer for deposit in the General Fund. [2021 c.2 § 6; 2021 c.591 § 6; 2023 c.602 § 47]

 

305.231 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS Chapter 305 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

 

(Representation of Taxpayer)

 

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