Oregon Statutes 657.822 – Employment Department Special Administrative Fund
(1) There is established in the State Treasury, separate and distinct from the General Fund, the Employment Department Special Administrative Fund. The Employment Department Special Administrative Fund shall consist of moneys collected or received by the Employment Department as follows:
Terms Used In Oregon Statutes 657.822
- Any other state: includes any state and the District of Columbia. See Oregon Statutes 174.100
- employment: includes service that is:
(a) Subject to the tax imposed by the Federal Unemployment Tax Act; or
(b) Required to be covered under this chapter as a condition for employers to receive a full tax credit against the tax imposed by the Federal Unemployment Tax Act. See Oregon Statutes 657.030
- 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
(a) All interest collected under ORS § 657.515.
(b) All penalties collected pursuant to this chapter, except as provided in ORS § 657.400.
(c) All gifts to or interest on or profits earned by the Employment Department Special Administrative Fund.
(2) The moneys in the Employment Department Special Administrative Fund are continuously appropriated to the department, and may not be transferred or otherwise made available to any other state agency, to pay the expenses of the Secretary of State incurred in performing the audit of the department and such other expenses as may be included in the biennial budget of the department and approved by the Legislative Assembly for payment from the fund. On July 1 of every odd-numbered year, any amounts in the Employment Department Special Administrative Fund that have not been appropriated in the biennial budget of the department approved by the Legislative Assembly shall be transferred to the Unemployment Compensation Trust Fund. [1965 c.359 § 2; 1967 c.335 § 58; 1969 c.597 § 191; 1983 c.740 § 248; 1993 c.344 § 7; 1993 c.778 § 23; 1995 c.37 § 5; 2005 c.22 § 464; 2005 c.183 § 16; 2007 c.87 6,7; 2011 c.597 § 270]