Oregon Statutes 320.560 – Distribution of moneys received
(1) All moneys received by the Department of Revenue from the tax imposed under ORS § 320.550 shall be deposited in the State Treasury and credited to a suspense account established under ORS § 293.445. The department may pay expenses for the administration and enforcement of ORS § 320.550 out of moneys received from the tax imposed under ORS § 320.550. Amounts necessary to pay administrative and enforcement expenses are continuously appropriated to the department from the suspense account.
Terms Used In Oregon Statutes 320.560
- 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) After the payment of administrative and enforcement expenses and refunds or credits arising from erroneous overpayments, the department shall credit the balance of the moneys received by the department to the Statewide Transportation Improvement Fund established under ORS § 184.751. [2017 c.750 § 122j]
PENALTIES