Oregon Statutes 571.489 – Limitation on amount, purpose of expenditure
(1) Except as otherwise provided in subsection (2) of this section, an expenditure of moneys for a fiscal year may not be made or incurred by or under the authority of the Oregon Hemp Commission under ORS § 571.400 to 571.501:
Terms Used In Oregon Statutes 571.489
- 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.
(a) In excess of the total amount of expenditures estimated for the fiscal year in the budget adopted for the fiscal year or in excess of the total amount of expenditures estimated for any major category in the budget adopted for the fiscal year.
(b) For any purpose different than that indicated by the major category in the budget adopted for the fiscal year.
(2) An expenditure of moneys for a fiscal year unforeseen at the time the budget is prepared may not be made or incurred by or under the authority of the commission under ORS § 571.400 to 571.501 in excess of the amount of unforeseen expenditures estimated as provided in ORS § 571.483. [2021 c.216 § 32]
See note under 571.400.