Oregon Statutes 475C.734 – Suspense account; payment of expenses; crediting balance to Oregon Marijuana Account
(1) All moneys received by the Department of Revenue under ORS § 475C.670 to 475C.734 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 § 475C.670 to 475C.734 out of moneys received from the tax imposed under ORS § 475C.674. Amounts necessary to pay administrative and enforcement expenses are continuously appropriated to the department from the suspense account.
Terms Used In Oregon Statutes 475C.734
- 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 under this section to the Oregon Marijuana Account established under ORS § 475C.726. [Formerly 475B.760]
FINANCIAL INSTITUTIONS