Oregon Statutes 652.409 – Wage Security Fund; use
(1) The Wage Security Fund is established separate and distinct from the General Fund. After deduction of the amounts provided in ORS § 657.439 (2)(a), all moneys received by the Employment Department pursuant to ORS § 657.439 (2)(a) shall be paid into the State Treasury and credited to the Wage Security Fund. All income earned on moneys in the Wage Security Fund invested by the State Treasurer shall accrue to the fund.
Terms Used In Oregon Statutes 652.409
- 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) All income earned on moneys in the Wage Security Fund, and all other moneys in the fund, are appropriated continuously to the Commissioner of the Bureau of Labor and Industries primarily to carry out the provisions of ORS § 652.414. Moneys in the fund may also be used, within the divisions of the Bureau of Labor and Industries that enforce wage and hour laws and state laws concerning civil rights, to investigate and enforce claims of underpaid and unpaid wages under this chapter and ORS Chapter 653 and to investigate conduct that may constitute an unlawful practice under ORS Chapter 659A. [1985 c.409 § 4; 1987 c.412 § 3; 1989 c.248 § 1; 1989 c.554 § 2; 2005 c.183 § 9; 2016 c.115 § 3; 2021 c.678 § 14]
[Repealed by 1977 c.618 § 2]