ORS § 293.728 — OR Code / Title 28 / Chapter 293 / Section 293.728
293.728 Oregon Short Term Fund
Status: in_force

(1) The Oregon Short Term Fund is established in the State Treasury as a commingled investment vehicle for investment funds and the moneys described in subsection (2) of this section. Interest earned by the Oregon Short Term Fund shall be credited to the participating investor funds or accounts in the fund in proportion to the amount invested.

(2) Unless a federal law, court order, settlement or similar agreement or business practice requires otherwise, moneys received by the State Treasurer that may not be discretely invested as provided in ORS 293.723 (Discrete investment of moneys) shall be deposited in the fund. Moneys that may be discretely invested as provided in ORS 293.723 (Discrete investment of moneys) may be deposited in the fund.

(3) Moneys in the fund may be transferred as provided in ORS 293.205 (Definitions for ORS 293.205 to 293.225) to 293.225 (Construction of ORS 293.205 to 293.220) . The State Treasurer is the officer in charge of the fund for purposes of ORS 293.220 (Interest on transferred moneys or credits) and shall determine the interest rate to be charged until the moneys are retransferred to the fund. The interest rate may not be less than the rate specified in ORS 293.220 (Interest on transferred moneys or credits) . [2009 c.821 §19]

Note: 293.728 (Oregon Short Term Fund) was added to and made a part of 293.701 (Definitions for ORS 293.701 to 293.857) to 293.857 (Separate accounts for each local government) by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.728 — Oregon Short Term Fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 295.205 — OR Code / Title 28 / Chapter 295 / Section 295.205
295.205 Accounts in financial institutions outside Oregon
Status: in_force

(1) Notwithstanding any other law:

(a) The State Treasurer may establish demand deposit accounts in financial institutions outside this state for the purpose of accepting deposits of funds related to state investments in the geographical areas that the financial institutions serve.

(b) Moneys that a financial institution or other entity receives or collects under an agreement to provide loan servicing for a state agency or public body may be deposited in accounts in financial institutions outside this state for the purpose of:

(A) Accepting payments of loan principal and interest;

(B) Accepting and holding escrow funds;

(C) Accepting and holding funds required to be held in reserve with or on behalf of the state agency or public body; or

(D) Collecting and holding other moneys the financial institution must collect and hold for loan servicing under the agreement before remitting the moneys to the state agency, public body or a third party.

(c) Public funds held by a trustee or escrow agent pursuant to a trust agreement, bond indenture, certificate of participation indenture, escrow agreement or similar agreement with a state agency or public body may be deposited in accounts in financial institutions outside this state.

(2) The State Treasurer shall establish the demand deposit accounts described in subsection (1)(a) of this section in accordance with rules adopted pursuant to ORS 183.310 (Definitions for chapter) to 183.410 (Agency determination of applicability of rule or statute to petitioner) that ensure that reasonable and prudent measures are taken to protect state investment funds from loss.

(3) When accounts are established for a state agency or public body under subsection (1)(b) or (c) of this section, the state agency or public body shall require in the relevant agreement or indenture that reasonable and prudent measures are taken to protect the moneys in the accounts from loss.

(4) As used in this section, the terms “financial institution outside this state” and “public body” have the meanings given those terms in ORS 295.001 (Definitions for ORS 295.001 to 295.108) . [1993 c.69 §1; 1995 c.259 §5; 1997 c.171 §15; 2007 c.871 §24; 2010 c.101 §26; 2019 c.587 §33]

Source: Section 295.205 — Accounts in financial institutions outside Oregon; conditions; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 295.061 — OR Code / Title 28 / Chapter 295 / Section 295.061
295.061 Treasurer reports
Status: in_force

(1) On or before the date on which each treasurer report is due, each qualified depository shall file the depository’s treasurer report with the State Treasurer using systems and processes prescribed by the State Treasurer in individual pledge agreements or by rule.

(2) Each qualified depository that files reports with the State Treasurer under subsection (1) of this section shall notify the State Treasurer in writing or by electronic means within three business days of:

(a) The date on which the qualified depository’s net worth is reduced by an amount greater than 10 percent of the amount shown as the depository’s net worth on the most recent report the depository submitted pursuant to subsection (1) of this section; or

(b) The date on which the qualified depository ceases to be well capitalized and becomes adequately capitalized or undercapitalized, or ceases to be adequately capitalized and becomes undercapitalized.

(3) An adequately capitalized qualified depository or an undercapitalized qualified depository shall report to the State Treasurer at least once each week the actual amount of uninsured public funds deposits the depository holds. The depository shall report using systems and processes prescribed by the State Treasurer in individual pledge agreements or by rule.

(4) Intentionally left blank —Ed.

(a) If a qualified depository fails to file the reports or provide the notices required under this section or fails to file the notices or reports required under ORS 295.018 (Increase in required collateral of qualified depository) , the State Treasurer shall send a notice to each public official who has uninsured public funds on deposit in the depository that the depository failed to comply.

(b) If, after giving notice under paragraph (a) of this subsection, the State Treasurer receives notice that the qualified depository has filed the required reports or provided the required notices, the State Treasurer may notify each public official who was notified under paragraph (a) of this subsection that the depository has complied.

(5) If a qualified depository fails to comply with this section, the depository shall, within three business days after receiving notice from the State Treasurer, cease accepting deposits of uninsured public funds. [2007 c.871 §7; 2009 c.821 §15; 2010 c.101 §18; 2017 c.500 §7; 2019 c.587 §23]

Source: Section 295.061 — Treasurer reports; filing; notification of changes; failure to file reports; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 294.925 — OR Code / Title 28 / Chapter 294 / Section 294.925
294.925 Supplemental budget
Status: in_force

(1) Notwithstanding requirements as to estimates of and limitation on expenditures, any council of governments may make a supplemental budget for the fiscal year for which the regular budget has been prepared under one or more of the following circumstances:

(a) An occurrence or condition which had not been ascertained at the time of the preparation of a budget for the current year which requires a change in financial planning.

(b) A pressing necessity which was not foreseen at the time of the preparation of the budget for the current year which requires prompt action.

(c) Funds were made available by another unit of federal, state or local government and the availability of such funds could not have been ascertained at the time of the preparation of the budget for the current year.

(d) A request for services or facilities, the cost of which shall be supplied by a private individual, corporation or company or by another governmental unit and the amount of the request could not have been accurately ascertained at the time of the preparation of the budget for the current year.

(e) The involuntary destruction, involuntary conversion, or sale of property has necessitated the immediate purchase, construction or acquisition of different facilities in order to carry on the governmental operation.

(2) A supplemental budget shall not extend beyond the end of the fiscal year during which it is submitted.

(3) The supplemental budget shall be published. [1987 c.666 §6; 1989 c.171 §40]

Note: See note under 294.900 (“Council of governments” defined) .

Source: Section 294.925 — Supplemental budget; conditions; term; publication , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.053 — OR Code / Title 28 / Chapter 294 / Section 294.053
294.053 Investment by county in master warrants of county
Status: in_force

A county treasurer may invest any sinking fund, bond fund or surplus of funds in the custody of the county treasurer in master warrants of that county issued under ORS 287A.482 (Definitions for ORS 287A.482 to 287A.488) to 287A.488 (Taxes must be levied for payment of claims included in master warrant) . [1959 c.208 §1]

Source: Section 294.053 — Investment by county in master warrants of county , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 292.065 — OR Code / Title 28 / Chapter 292 / Section 292.065
292.065 Deduction of payment for parking fees
Status: in_force

(1) As used in this section, unless the context requires otherwise:

(a) “Department” means the Oregon Department of Administrative Services.

(b) “State agency” means any elected or appointed officer, board, commission, department, institution, branch or other agency of the state government.

(c) “State officer or employee” means every person, including a minor, who receives a salary or wages disbursed by any state official.

(d) “Payroll officer” means any person authorized to disburse funds in payment of state salaries or wages to state officers and employees.

(2) As soon as practical, not to exceed 30 days, after receiving a written authorization from a state officer or employee of a state agency, the payroll officer authorized to disburse funds in payment of the salary or wages of such officer or employee shall deduct monthly from such salary or wages the amount of money designated by such officer or employee for payment of parking fees in accordance with an agreement made by such officer or employee with the department.

(3) Any authorization given under subsection (2) of this section is subject to cancellation by giving a written notice of such cancellation to the payroll officer authorized to make the deduction. As soon as practical, not to exceed 30 days, after receiving a written notice from the state officer or employee to cancel the deduction, the payroll officer shall cease making such deductions.

(4) The authorization for deduction and cancellation of deduction shall be made to the payroll officer in such form and manner and under such rules as prescribed by the department.

(5) A state agency or municipal government may enter into an agreement with a state officer or employee for parking in lots or parking structures owned or controlled by a state agency or municipal government under rules prescribed by the Oregon Department of Administrative Services.

(6) As soon as practical, not to exceed 30 days, after receiving a written authorization from a state officer or employee of a state agency as provided under subsection (5) of this section, the payroll officer authorized to disburse funds in payment of the salary or wages of such officer or employee shall deduct monthly from such salary or wages the amount of money designated by such officer or employee for payment of parking fees in accordance with an agreement made by such officer or employee with the state agency or municipal government.

(7) Any authorization given under subsection (6) of this section is subject to cancellation by giving a written notice of such cancellation to the payroll officer authorized to make the deduction. As soon as practical, not to exceed 30 days, after receiving a written notice from the state officer or employee to cancel the deduction, the payroll officer shall cease making such deductions.

(8) The authorization for deduction and cancellation of deduction shall be made to the payroll officer in such form and manner and under such rules as prescribed by the Oregon Department of Administrative Services. [1969 c.445 §§1,2,3,4; 1975 c.634 §1; 1993 c.500 §45]

Source: Section 292.065 — Deduction of payment for parking fees; agreements for parking in state lots; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.841 — OR Code / Title 28 / Chapter 293 / Section 293.841
293.841 Policy for engagement with investment managers with investments in scrutinized companies
Status: in_force

(1) Consistent with fiduciary standards, including the provisions of ORS 293.721 (General objective of investments) and 293.726 (Standard of judgment and care in investments) , the State Treasurer shall adopt a statement of policy that describes a process of engagement with managers who:

(a) Are engaged by the Oregon Investment Council or the State Treasurer for the active management of investment funds consisting of the Public Employees Retirement Fund referred to in ORS 238.660 (Fund generally) through the purchase and sale of publicly traded equities; and

(b) Have invested such funds in scrutinized companies.

(2) The policy required under subsection (1) of this section must require the State Treasurer, to the extent practicable, to identify and send a written notice to the managers described in subsection (1) of this section. The notice shall encourage the managers, consistent with fiduciary standards, including the provisions of ORS 293.721 (General objective of investments) and 293.726 (Standard of judgment and care in investments) , to:

(a) Notify scrutinized companies with which the managers have made investments of the State Treasurer’s policy adopted pursuant to subsection (1) of this section; and

(b) Not later than 90 days giving the notice, end investments in the scrutinized companies and avoid future investments in the scrutinized companies, as long as the managers may do so without monetary loss through reasonable, prudent and productive investments in companies generating returns that are comparable to the returns generated by the scrutinized companies.

(3) A notice given by a manager to a scrutinized company under subsection (2) of this section shall advise the scrutinized company that the scrutinized company may comment in writing to the State Treasurer to dispute the identification of the company as a scrutinized company.

(4) If the State Treasurer determines that a company given notice under subsection (3) of this section is not a scrutinized company, the State Treasurer shall notify the relevant manager of the determination.

(5) The State Treasurer shall advise the Oregon Investment Council if a manager to whom the notice was given under subsection (2) of this section has not informed the State Treasurer within 180 days after the date the notice was given that the manager has ended the manager’s investment in scrutinized companies or plans to divest from the manager’s investment in scrutinized companies. [2012 c.72 §4]

Source: Section 293.841 — Policy for engagement with investment managers with investments in scrutinized companies , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.348 — OR Code / Title 28 / Chapter 293 / Section 293.348
293.348 Charging and billing state agencies for expense of drawing and processing warrants
Status: in_force

The Oregon Department of Administrative Services may charge state agencies for the drawing of warrants and processing of receipts and transfers. The amount so charged shall be billed to state agencies at least quarterly, and the proceeds from such charges shall be deposited in the Oregon Department of Administrative Services Operating Fund established by ORS 283.076 (Oregon Department of Administrative Services Operating Fund) . [1971 c.174 §2; 1993 c.500 §45a]

Note: 293.348 (Charging and billing state agencies for expense of drawing and processing warrants) was added to and made a part of ORS chapter 293 by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.348 — Charging and billing state agencies for expense of drawing and processing warrants , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.951 — OR Code / Title 28 / Chapter 292 / Section 292.951
292.951 Definitions for ORS 292.951 to 292.971
Status: in_force

As used in ORS 240.190 (Policy on comparability of value of work and compensation and classification) and 292.951 (Definitions for ORS 292.951 to 292.971) to 292.971 (Job Evaluation Teams) :

(1) “Comparability of the value of work” means the value of the work measured by the needs of the employer and the knowledge, composite skill, effort, responsibility and working conditions required in the performance of the work.

(2) “Compensation” means wages or salary.

(3) “Compensation plan” means the ranges of compensation for all classifications within a branch of state government, as approved by the appropriate authority.

(4) “Point factor job evaluation system” means a method of assigning points to classifications based upon the degree that the factors are required in the performance of the work.

(5) “Point value” means a numerical score representing total points resulting from application of a point factor job evaluation system. [1987 c.772 §1]

Note: 292.951 (Definitions for ORS 292.951 to 292.971) to 292.971 (Job Evaluation Teams) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 292 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 292.951 — Definitions for ORS 292.951 to 292.971 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.229 — OR Code / Title 28 / Chapter 293 / Section 293.229
293.229 Liquidated and delinquent accounts of state agency
Status: in_force

(1) Not later than October 1 of each fiscal year, each state agency shall submit a report to the Legislative Fiscal Office that describes the status of that agency’s liquidated and delinquent accounts and efforts made by that agency to collect liquidated and delinquent accounts during the previous fiscal year. The report required under this subsection shall be in a form prescribed by the Legislative Fiscal Office and shall include but not be limited to:

(a) Beginning balance and total number of all liquidated and delinquent accounts;

(b) New liquidated and delinquent accounts added during the last preceding fiscal year;

(c) Total collections of liquidated and delinquent accounts;

(d) Total amount and total number of liquidated and delinquent accounts that have been written off;

(e) Total number and ending balance of all liquidated and delinquent accounts;

(f) Total amount of liquidated and delinquent accounts assigned to the Department of Revenue and the total amount collected by the department under ORS 293.250 (Collections Unit) ;

(g) Total amount of liquidated and delinquent accounts assigned to private collection agencies and the total amount collected by private collection agencies under ORS 293.231 (Collection of liquidated and delinquent accounts by Department of Revenue or private collection agency) ;

(h) Total number and total amount of all liquidated and delinquent accounts exempted under ORS 293.233 (Exemption of accounts from assignment to Department of Revenue or private collection agency) ;

(i) Total number and ending balance of all liquidated and delinquent accounts that have been placed in suspended collection status under ORS 305.155 (Cancellation of uncollectible tax) ; and

(j) A statement indicating whether the agency has liquidated and delinquent accounts that are not exempt under ORS 293.233 (Exemption of accounts from assignment to Department of Revenue or private collection agency) , or are otherwise prohibited or exempted by law from assignment, for which no payment has been received for more than 90 days and that have not been assigned to the Department of Revenue under ORS 293.231 (Collection of liquidated and delinquent accounts by Department of Revenue or private collection agency) .

(2) If a state agency reports under subsection (1) of this section that the total ending balance of its liquidated and delinquent accounts is $50 million or greater, the state agency shall, not later than three months after it submits the report under subsection (1) of this section, submit an additional report to the committees or interim committees of the Legislative Assembly related to ways and means that:

(a) Describes major categories of liquidated and delinquent accounts held by the state agency;

(b) Describes circumstances under which the state agency writes off or adjusts liquidated and delinquent amounts or removes an account from liquidated and delinquent status;

(c) Describes actions undertaken by the state agency to reduce the amount of liquidated and delinquent debt owed to it at the end of each fiscal year; and

(d) Sets forth a plan for future actions that will reduce the amount of liquidated and delinquent debt owed to the state agency at the end of each fiscal year and describes any additional resources that are necessary to carry out the plan.

(3) The Legislative Fiscal Office shall produce an annual report not later than February 1 of each fiscal year on the status of liquidated and delinquent accounts of state agencies and the judicial branch of state government. The report shall be based on the reports submitted by state agencies as required in this section and on reports submitted by the judicial branch of state government under ORS 1.195 (Reports on liquidated and delinquent accounts of state courts) .

(4) The report required under subsection (3) of this section shall:

(a) List those state agencies, including the judicial branch of state government, that have liquidated and delinquent accounts that are not exempt under ORS 1.198 (Exemptions from requirements of ORS 1.197) , 1.199 (Policies and procedures for exempting accounts from requirements of ORS 1.197 and for ceasing collection efforts) or 293.233 (Exemption of accounts from assignment to Department of Revenue or private collection agency) , or are otherwise prohibited or exempted by law from assignment, for which no payment has been received for more than 90 days and that have not been assigned to a private collection agency or to the Department of Revenue under ORS 1.197 (Assignment of liquidated and delinquent accounts to collection agencies) or assigned to the Department of Revenue under 293.231 (Collection of liquidated and delinquent accounts by Department of Revenue or private collection agency) ;

(b) List separately information about the liquidated and delinquent accounts of the Secretary of State, the State Treasurer, other state agencies in the executive branch of state government and the judicial branch of state government; and

(c) Include any other information the Legislative Fiscal Office determines is necessary to describe the status of liquidated and delinquent accounts across offices and branches of state government.

(5) Notwithstanding ORS 293.227 (Definitions for ORS 293.227 to 293.233) , as used in this section, “state agency” has the meaning given that term in ORS 293.226 (Use of Social Security numbers for state agency debt collection activities) , except that it:

(a) Does not include the judicial department as defined in ORS 174.113 (“Judicial department” defined) or the legislative department as defined in ORS 174.114 (“Legislative department” defined) ; and

(b) Includes public universities listed in ORS 352.002 (Public universities) and Oregon Health and Science University, notwithstanding ORS 352.138 (Applicability of laws to public universities) and 353.100 (Applicability of laws to university) . [1999 c.1092 §2; 2005 c.22 §219; 2015 c.643 §1; 2015 c.766 §2; 2017 c.746 §18; 2019 c.278 §16; 2020 s.s.2 c.10 §1]

Note: See note under 293.227 (Definitions for ORS 293.227 to 293.233) .

Source: Section 293.229 — Liquidated and delinquent accounts of state agency; annual reports , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.080 — OR Code / Title 28 / Chapter 294 / Section 294.080
294.080 Disposition of interest earned on funds held by county treasurer
Status: in_force

(1) Except as provided in subsections (2) and (3) of this section, the county treasurer shall credit to the general fund of the county all interest received from any investment made from the general cash balance of any funds in the hands of the county treasurer. If the entire investment is made from a specific fund, however, the treasurer shall credit the interest to the fund from which the investment was made.

(2) The county fiscal officer of a community college district, as defined in ORS 341.005 (Definitions) , shall credit to the general fund of the district all interest received from any investment made by funds in the hands of the county fiscal officer. If the entire investment is made from a specific fund, however, the county fiscal officer shall credit the interest to the fund from which the investment was made.

(3) Interest earned by investment of any moneys received by the county treasurer from any source, which moneys have been designated for a particular municipal corporation as defined in ORS 294.311 (Definitions for ORS 294.305 to 294.565) , shall be credited to the account of the particular municipal corporation and not to any county fund. [1963 c.316 §1; 1971 c.513 §54; 1979 c.762 §8; 1997 c.308 §33]

Source: Section 294.080 — Disposition of interest earned on funds held by county treasurer , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.349 — OR Code / Title 28 / Chapter 291 / Section 291.349
291.349 Revenue estimate
Status: in_force

(1) As soon as practicable after adjournment sine die of the odd-numbered year regular session of the Legislative Assembly, the Oregon Department of Administrative Services shall report to the Legislative Revenue Officer and the Legislative Fiscal Officer the estimate as of July 1 of the first year of the biennium of General Fund and State Lottery Fund revenues that will be received by the state during that biennium. The Oregon Department of Administrative Services shall base its estimate on the last forecast given to the Legislative Assembly before adjournment sine die of the odd-numbered year regular session on which the printed, adopted budget prepared in the Oregon Department of Administrative Services is based, adjusted only insofar as necessary to reflect changes in laws adopted at that session. The report shall contain the estimated revenues from corporate income and excise taxes separately from the estimated revenues from other General Fund sources. The Oregon Department of Administrative Services may revise the estimate if necessary following adjournment sine die of a special session or an even-numbered year regular session of the Legislative Assembly, but any revision does not affect the basis of the computation described in subsection (3) or (4) of this section.

(2) As soon as practicable after the end of the biennium, the Oregon Department of Administrative Services shall report to the Legislative Revenue Officer and the Legislative Fiscal Officer, or the Legislative Assembly if it is in session, the amount of General Fund revenues collected as of the last June 30 of the preceding biennium. The report shall contain the collections from corporate income and excise taxes separately from collections from other sources.

(3) If the revenues received from the corporate income and excise taxes during the biennium exceed the amounts estimated to be received from such taxes for the biennium, as estimated after adjournment sine die of the odd-numbered year regular session, by two percent or more, the total amount of that excess shall be retained in the General Fund and used, in the manner described in ORS 291.345 (Appropriation of certain excess corporate income and excise tax revenues to State School Fund) , to provide additional funding for public education, kindergarten through grade 12.

(4) If the revenues received from General Fund revenue sources, exclusive of those described in subsection (3) of this section, during the biennium exceed the amounts estimated to be received from such sources for the biennium, as estimated after adjournment sine die of the odd-numbered year regular session, by two percent or more, there shall be credited to personal income taxpayers an amount equal to the total amount of that excess, reduced by the cost certified by the Department of Revenue under ORS 291.351 (Certification of costs) as being allocable to credits described under this subsection. The excess amount to be credited shall be credited to personal income taxpayers in a percentage amount of prior year personal income tax liability as determined under subsection (5) of this section.

(5) Intentionally left blank —Ed.

(a) If there is an excess to be credited under subsection (4) of this section, on or before October 1, following the end of each biennium, the Oregon Department of Administrative Services shall determine and certify to the Department of Revenue the percentage amounts of credit for purposes of subsection (4) of this section. The percentage amounts determined shall be percentage amounts to the nearest one-tenth of a percent that will distribute the excess to be credited to personal income taxpayers.

(b) The percentage amount applicable to subsection (4) of this section shall equal the amount distributed under subsection (4) of this section divided by the estimated total personal income tax liability for all personal income taxpayers for tax years beginning in the calendar year immediately preceding the calendar year in which the excess is determined.

(c) The amount of the surplus credit under subsection (4) of this section is determined by multiplying the percentage amount determined under paragraph (b) of this subsection by the total amount of a personal income taxpayer’s tax liability for the tax year beginning in the calendar year immediately preceding the calendar year in which the excess is determined in order to calculate the amount to be credited to the taxpayer.

(d) The credit shall be determined based on the tax liability as shown on the return of the taxpayer or as corrected by the Department of Revenue.

(e) The credit shall be computed after the allowance of a credit provided under ORS 316.082 (Credit for taxes paid another state) , 316.131 (Credit allowed to nonresident for taxes paid to state of residence) or 316.292 (Credit for taxes paid another state) , but before the allowance of any other credit or offset against tax liability allowed or allowable under any provision of law of this state, and before the application of estimated tax payments, withholding or other advance tax payments.

(f) For personal income taxpayers, if a credit applied against tax liability as described in paragraph (e) of this subsection reduces tax liability to zero and an amount of the credit remains unused, the remaining unused amount shall be refunded to the taxpayer. For purposes of ORS chapters 305, 314, 315 and 316, refunds issued under this paragraph are refunds of an overpayment of tax imposed under ORS chapter 316.

(g) The Department of Revenue may prescribe by rule the manner of calculating and claiming a credit if the filing status of a taxpayer changes between the tax year for which a credit may be claimed and the succeeding tax year.

(6) A refund may not be made under this section to a taxpayer if the amount of the refund is less than $1.

(7) Not later than October 15 following the end of the biennium, the Department of Revenue shall provide information and guidance to taxpayers relating to the calculation of the credit. The department may make the information and guidance available electronically or otherwise.

(8) The Department of Revenue may adopt rules specifying the manner for issuing refunds under this section to taxpayers who filed returns for the tax year on which the credit is computed but who are not required to file returns for the year in which the credit could be claimed. [1979 c.241 §30; 1981 c.885 §1; 1985 c.828 §19; 1995 c.815 §2; 1997 c.99 §1; 1997 c.654 §4; 1999 c.23 §1; 1999 c.73 §5; 2007 c.680 §1; 2007 c.896 §3; 2009 c.58 §1; 2011 c.299 §1; 2011 c.545 §22; 2012 c.107 §22; 2013 c.123 §1; 2013 c.733 §2]

Note: 291.349 (Revenue estimate) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 291 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 291.349 — Revenue estimate; disposition of revenue in excess of estimate , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.428 — OR Code / Title 28 / Chapter 294 / Section 294.428
294.428 Budget committee hearings
Status: in_force

(1) The budget committee shall approve the budget document as submitted by the budget officer or the budget document as revised and prepared by the budget committee. The budget document as approved by the budget committee shall specify the ad valorem property tax amount or rate for all funds.

(2) In addition to the meetings held under ORS 294.426 (Budget committee meeting) (1), the budget committee may meet from time to time at its discretion. All meetings of the budget committee shall be open to the public. Except for a meeting of the budget committee held under ORS 294.426 (Budget committee meeting) (1), prior notice of each meeting of the budget committee shall be given at the same time as is required for notice of meetings of the governing body of the municipal corporation and may be given in the same manner as notice of meetings of the governing body or by any one or more of the methods described in ORS 294.311 (Definitions for ORS 294.305 to 294.565) (35).

(3) The budget committee may demand and receive from any officer, employee or department of the municipal corporation any information the committee requires for the revision and preparation of the budget document. The budget committee may compel the attendance of any such officer or employee at its meetings. [Formerly 294.406]

Source: Section 294.428 — Budget committee hearings; approval of budget document , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.295 — OR Code / Title 28 / Chapter 293 / Section 293.295
293.295 When claim against moneys in State Treasury may be paid
Status: in_force

A claim for payment from any moneys in the State Treasury may not be paid unless:

(1) The claim is supported by the approval of the state agency that incurred the obligation or made the expenditure on which the claim is based;

(2) Provision for payment of the claim is made by law and appropriation;

(3) The obligation or expenditure on which the claim is based is authorized as provided by law; and

(4) The claim otherwise satisfies requirements as provided by law. [1967 c.454 §9]

Source: Section 293.295 — When claim against moneys in State Treasury may be paid , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.210 — OR Code / Title 28 / Chapter 291 / Section 291.210
291.210 Preparing tentative budget
Status: in_force

(1) The Oregon Department of Administrative Services and the Legislative Fiscal Officer shall prepare a tentative budget for the next biennium for which the Governor’s budget is prepared. The tentative budget shall consist of the estimated revenues under ORS 291.342 (Annual estimation of state revenues) for the next biennium and a preliminary estimate of the projected costs of continuing currently authorized programs for the next biennium.

(2) The Legislative Fiscal Officer shall, during the development of the legislatively adopted budget, review and update projected costs of continuing currently authorized programs for the next biennium, including:

(a) Position vacancy assumptions;

(b) Standard and exceptional inflation adjustments;

(c) Mandated caseloads; and

(d) Other assumptions used in developing the tentative budget. [Amended by 1995 c.746 §66; 2016 c.117 §17; 2017 c.746 §8]

Source: Section 291.210 — Preparing tentative budget; updating projected costs of currently authorized programs , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.755 — OR Code / Title 28 / Chapter 294 / Section 294.755
294.755 Payment on quarterly basis
Status: in_force

Political subdivisions electing to participate in the Local Government Employer Benefit Trust Fund shall pay into the fund on a quarterly basis and are subject to all remedies for the collection of delinquent taxes provided in ORS chapter 657. [1977 c.491 §10]

Source: Section 294.755 — Payment on quarterly basis; remedies for collection , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.847 — OR Code / Title 28 / Chapter 293 / Section 293.847
293.847 Applicability of ORS 293.841 and 293.843
Status: in_force

(1) ORS 293.841 (Policy for engagement with investment managers with investments in scrutinized companies) (2) to (5) and 293.843 (Notice on State Treasurer’s website) apply only if the Legislative Assembly appropriates sufficient moneys to the State Treasurer, other than moneys described in ORS 293.718 (Payment of expenses of State Treasurer) , to administer ORS 293.841 (Policy for engagement with investment managers with investments in scrutinized companies) (2) to (5) and 293.843 (Notice on State Treasurer’s website) .

(2) Any costs incurred by the State Treasurer in administering ORS 293.837 (Definitions for ORS 293.837 to 293.847) to 293.847 (Applicability of ORS 293.841 and 293.843) may not be paid from investment funds. [2012 c.72 §6]

Source: Section 293.847 — Applicability of ORS 293.841 and 293.843; sufficient appropriation , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.029 — OR Code / Title 28 / Chapter 294 / Section 294.029
294.029 Provisions of ORS 294.027 and 294.028 not mandatory
Status: in_force

Nothing contained in ORS 294.027 (Provisions relating to warrants and payment of claims) or 294.028 (Payment of warrants by depository) shall be deemed to require any municipal or quasi-municipal corporation or civil subdivision of this state or any custodian of public funds to exercise any of the powers conferred by such sections. [1953 c.664 §3]

Source: Section 294.029 — Provisions of ORS 294.027 and 294.028 not mandatory , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.004 — OR Code / Title 28 / Chapter 294 / Section 294.004
294.004 Definitions
Status: in_force

For the purposes of this chapter, unless the context requires otherwise:

(1) “Local government” means any county, municipality, political subdivision or school district.

(2) “Custodial officer” means the officer having custody of the funds of any county, municipality, political subdivision or school district.

(3) “Deferred compensation plan” means a plan, established by any employer that is a county, municipality, political subdivision or school district, that has as its purposes the deferral of compensation to employees of such employer and the deferral of income taxation on such deferred compensation.

(4) “Deferred employee compensation” means funds under an agreement providing for payment at a future date by a municipal corporation for services currently rendered by an eligible employee in fixed or variable amounts for life or for a guaranteed number of years after retirement or termination of employment.

(5) “Nationally recognized statistical rating organization” has the meaning given that term in Rule 15c3-1 under the Securities Exchange Act of 1934, as amended.

(6) “Surplus funds” means all funds that are not pension funds and that are not required for immediate expenditure. [1975 c.359 §2; 1977 c.470 §1; subsection (4) enacted as 1977 c.102 §1; 1995 c.245 §1; 1997 c.179 §25]

Source: Section 294.004 — Definitions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.375 — OR Code / Title 28 / Chapter 291 / Section 291.375
291.375 Legislative review of applications for federal financial assistance
Status: in_force

(1) Prior to the submission of any application for financial assistance or grants from the United States or any agency of the United States by or on behalf of any agency of this state, the application must be submitted for legislative review in the following manner:

(a) If the application is to be submitted to the federal government when the Legislative Assembly is in session, the application shall be submitted to the Joint Committee on Ways and Means for review.

(b) If the application is to be submitted to the federal government when the Legislative Assembly is not in session, the application shall be submitted to the Emergency Board or to the Joint Interim Committee on Ways and Means for review.

(2) If the legislative agency authorized under subsection (1) of this section to review applications described therein approves the application, it may be submitted to the appropriate federal agency. If the legislative agency disapproves of the application, it may not be submitted to any federal agency unless it is or can be modified to meet the objections of the legislative agency.

(3) Notwithstanding subsection (1) of this section, the Joint Committee on Ways and Means, the Emergency Board or the Joint Interim Committee on Ways and Means may exempt any state agency from the requirements of this section. Project grants for departmental research, organized activities related to instruction, sponsored research or other sponsored programs carried on within the public universities listed in ORS 352.002 (Public universities) , for which no biennial expenditure limitations have been established, are exempt from the requirements of this section.

(4) The review required by this section is in addition to and not in lieu of the requirements of ORS 293.550 (Receipt and disposition generally of federal aid moneys) . [1973 c.44 §1; 2007 c.911 §9; 2009 c.762 §54; 2012 c.107 §10; 2013 c.768 §123e; 2015 c.767 §93]

Source: Section 291.375 — Legislative review of applications for federal financial assistance; submission, approval required; exemptions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.117 — OR Code / Title 28 / Chapter 293 / Section 293.117
293.117 Trust fund
Status: in_force

(1) Moneys in a trust fund that are not otherwise appropriated by law are continuously appropriated to the agency that administers the trust in order to carry out the purposes of the trust.

(2) As used in this section, “trust fund” has the meaning given that term in ORS 291.002 (Definitions) . [2003 c.81 §5]

Note: 293.117 (Trust fund) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 293 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.117 — Trust fund; continuous appropriation , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.033 — OR Code / Title 28 / Chapter 292 / Section 292.033
292.033 Advances of regular and terminal salary or wages
Status: in_force

(1) As used in this section:

(a) “Regular salary advance” means any portion of the accrued salary or wages payable to an officer or employee who has filed a written request for the approval of such advance with the administrative head of the state agency by which the employee is employed.

(b) “State agency” means a state agency using the procedure provided in ORS 292.010 (Salaries of state officers and employees payable monthly or biweekly) to 292.036 (Rules) .

(c) “Terminal salary or wages” means the salary or wages payable to an officer or employee who is terminating the office or employment with the state and includes cash payments made in lieu of accrued vacation time.

(2) Where a state agency does not have an alternative procedure for advances of regular salary or wages or terminal salary or wages, the Oregon Department of Administrative Services may make advances of regular salary or wages or terminal salary or wages to an officer or employee of a state agency by payments made as provided under ORS 292.026 (Payroll payments) and drawn on the Joint Payroll Account. The provisions of ORS 292.032 (Records of payroll payments) apply to such payments. The department shall require the officer or employee to whom the advance is made to execute an assignment of regular salary or wages or terminal salary or wages in the amount of the advancement. The assignment shall be made to the department. The assignment shall have priority over any other claims against the regular salary or wages or terminal salary or wages owed to the officer or employee by the state. The department shall withhold the amount specified in the assignment from the next salaries or wages or the terminal salary or wages payable to such officer or employee, and the amount so withheld shall be credited to the Joint Payroll Account in payment of the advance made under this section. [1957 c.93 §2; 1961 c.108 §11; 1969 c.378 §6; 1981 c.567 §2; 2013 c.369 §3]

Source: Section 292.033 — Advances of regular and terminal salary or wages , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 294.181 — OR Code / Title 28 / Chapter 294 / Section 294.181
294.181 Alternative method for certification
Status: in_force

(1) If, at a conference held pursuant to notice under ORS 294.175 (Definitions) , it becomes apparent that a county will be unable to meet the level of expenditures necessary to achieve adequacy for the tax year for which the filing under ORS 294.175 (Definitions) was made, the Department of Revenue may certify to the county governing body expenditures for assessment and taxation at the level contained in the county’s estimate on file with the department or as adjusted by the conference agreement.

(2) The department shall not certify expenditures under subsection (1) of this section if the county does not present to the department at the conference a plan to achieve adequacy in assessment and taxation within a number of years specified by the Department of Revenue.

(3) Any county for which expenditures are certified pursuant to this section shall certify to the department, not less than 15 days prior to the close of the fiscal quarter, that the county is in compliance with the conference agreement and the plan developed at the conference agreement. [1989 c.796 §4]

Source: Section 294.181 — Alternative method for certification , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.115 — OR Code / Title 28 / Chapter 293 / Section 293.115
293.115 Moneys separate and distinct from General Fund
Status: in_force

The following moneys shall be separate and distinct from the General Fund:

(1) Moneys paid into the State Treasury for fiduciary purposes and moneys that are in trust funds, as defined in ORS 291.002 (Definitions) .

(2) Moneys by law directed and required to be placed by the State Treasurer to the credit of:

(a) The Agricultural College Fund principal and the interest accruing from the investment thereof.

(b) The Burbank Trust Fund and the interest accruing from the investment thereof.

(c) The Common School Fund and the interest accruing from the investment thereof.

(d) The Industrial Accident Fund under ORS 656.632 (Industrial Accident Fund) and the interest accruing from the investment thereof.

(e) The Consumer and Business Services Fund under ORS 705.145 (Consumer and Business Services Fund) and the interest accruing from the investment thereof.

(f) The Workers’ Benefit Fund created in ORS 656.605 (Workers’ Benefit Fund) and the interest accruing from the investment thereof.

(g) The University of Oregon Villard Endowment Interest Fund.

(h) The Oregon Innovation Fund created by ORS 284.720 (Oregon Innovation Fund) and the interest accruing from the investment thereof.

(3) All sums received by the state from the federal government from forest reserves, rentals, sales of timber and other sources from forest reserves, under ORS 293.560 (Apportionment among counties of moneys received from federal government from forest reserves) and the interest accruing from the investment thereof.

(4) All sums received from the five percentum of sales of public lands and apportioned under ORS 272.085 (Five Percent United States Land Sales Fund) and the interest accruing from the investment thereof.

(5) All sums received from the federal government under ORS 293.565 (Apportionment among counties of moneys received from federal government under Mineral Lands Leasing Act) to 293.575 (Distribution of funds received under the Taylor Grazing Act) under the Mineral Leasing Act, the federal Flood Control Act and the Taylor Grazing Act and the interest accruing from the investment thereof.

(6) Any other funds or accounts created by law that are not specifically established in the law creating them as funds or accounts in the General Fund. [Formerly 291.356; 1965 c.285 §79; 1981 c.787 §54; 1985 c.787 §2; 1987 c.373 §27; 1989 c.966 §19; 1995 c.641 §1; 2001 c.835 §§7,8; 2001 c.920 §10; 2003 c.81 §§3,4; 2005 c.748 §§13,14; 2009 c.762 §30; 2019 c.131 §9]

Source: Section 293.115 — Moneys separate and distinct from General Fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.150 — OR Code / Title 28 / Chapter 292 / Section 292.150
292.150 Advances upon mileage allowances of members of legislature and upon salaries of legislative employees and other state employees
Status: in_force

(1) The State Treasurer is authorized, under such rules as the treasurer shall promulgate, to make cash advances in payment of mileage allowances of members of the Legislative Assembly, and in payment of earned wages and salaries of clerks and employees thereof, and of state employees during sessions of the Legislative Assembly and in emergency cases, pursuant to assignments executed by payees in favor of the State Treasurer.

(2) Wages and salaries of clerks and employees of the Legislative Assembly shall be so advanced only pursuant to certificates, showing the amount of salary earned and unpaid, signed by the chief clerk of the branch of the Legislative Assembly with which the party receiving the advance is identified and by the Oregon Department of Administrative Services or its duly authorized representative.

(3) The amounts of earned wages and salaries of state employees shall be so advanced only if payable solely from appropriations made by the Legislative Assembly, and then only upon vouchers approved by the proper state officer, board or commission, as the case may be.

Source: Section 292.150 — Advances upon mileage allowances of members of legislature and upon salaries of legislative employees and other state employees; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 292.063 — OR Code / Title 28 / Chapter 292 / Section 292.063
292.063 Deduction of wage overpayment
Status: in_force

(1) When a state employee receives payment of salary or wages in an amount greater than the employee’s entitlement, the amount of overpayment may be deducted from salary or wages earned by the employee.

(2) The deduction may be in such form and manner as the Oregon Department of Administrative Services, by rule, may prescribe. [1995 c.452 §7]

Source: Section 292.063 — Deduction of wage overpayment; procedure; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 294.895 — OR Code / Title 28 / Chapter 294 / Section 294.895
294.895 Board duties, generally
Status: in_force

The Oregon Short Term Fund Board shall:

(1) Advise the Oregon Investment Council and the investment officer in the management of the investment pool and in the investment of moneys deposited in the Oregon Short Term Fund established under ORS 293.728 (Oregon Short Term Fund) and invested pursuant to ORS 293.701 (Definitions for ORS 293.701 to 293.857) to 293.857 (Separate accounts for each local government) .

(2) Review the rules promulgated by the investment officer as authorized under ORS 294.825 (State Treasurer as investment officer) (4).

(3) Consult with the council and the investment officer on any matter relating to the investment and reinvestment of funds in the investment pool and on any matter relating to the investment or reinvestment of moneys deposited in the Oregon Short Term Fund and invested by the State Treasurer. [1973 c.748 §21; 1981 c.880 §19; 1993 c.18 §63; 2009 c.541 §16; 2009 c.821 §28]

Source: Section 294.895 — Board duties, generally , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 292.010 — OR Code / Title 28 / Chapter 292 / Section 292.010
292.010 Salaries of state officers and employees payable monthly or biweekly
Status: in_force

The salaries of the Governor, Secretary of State, State Treasurer, Attorney General, judges of the Supreme and circuit courts, district attorneys, and all other state officers, and all persons employed by the state whose salary or compensation is payable by law out of the State Treasury, shall be paid monthly or on a biweekly basis. [Amended by 1969 c.378 §1; 1989 c.894 §1]

Source: Section 292.010 — Salaries of state officers and employees payable monthly or biweekly , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 294.847 — OR Code / Title 28 / Chapter 294 / Section 294.847
294.847 Prohibited conduct for investment officer
Status: in_force

In making investments pursuant to ORS 294.805 (Definitions for ORS 294.805 to 294.895) to 294.895 (Board duties, generally) , the investment officer may not:

(1) Make a commitment to invest funds or sell securities more than 14 business days prior to the anticipated date of settlement of the purchase or sale transaction;

(2) Enter into any agreement to invest funds or sell securities for future delivery for a fee other than interest;

(3) Lend securities to any person or institution, except on a fully collateralized basis;

(4) Pay for any securities purchased by the investment officer until the investment officer has received physical possession, or other sufficient evidence, as determined under ORS 293.751 (Custody of title instruments) (1), of title to the securities. However, the investment officer may instruct any custodial agent or bank to accept securities on the investment officer’s behalf against payment for the securities previously deposited with the custodial agent or bank by the investment officer; or

(5) Deliver securities to the purchaser of the securities upon sale prior to receiving payment in full for the securities. However, the investment officer may deliver the securities to any custodial agent or bank upon instructions to hold the securities pending receipt by the custodial agent or bank of full payment for the securities. [1981 c.880 §11; 1991 c.88 §6; 2007 c.871 §27; 2008 c.18 §§2,3]

Source: Section 294.847 — Prohibited conduct for investment officer , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.190 — OR Code / Title 28 / Chapter 293 / Section 293.190
293.190 Reversion of appropriations to General Fund
Status: in_force

(1) On December 31 in each odd-numbered year, all General Fund appropriation balances as recorded on the records of the Oregon Department of Administrative Services for the prior biennium shall revert to the General Fund except for capital construction, continuing contracts, contested claims, special appropriations designated by legislative action, appropriations described in ORS 293.195 (Retention of appropriation balances) or savings continuously appropriated to agencies under ORS 291.120 (Distribution of agency savings) .

(2) On December 31 in each odd-numbered year, all limitation balances on any separate fund or cash account in the State Treasury shall be canceled except for continuing contracts, contested claims or special limitations designated by legislative action.

(3) Notwithstanding subsections (1) and (2) of this section, under conditions which shall be described by the department by rule, upon request, an extension may be granted to allow an agency to make final analyses and corrections before an appropriation or limitation is canceled. The procedures for requesting an extension and the criteria for approving the request shall be established by the department. [1971 c.341 §3; 1991 c.220 §7; 1993 c.724 §3; 2012 c.107 §58]

Source: Section 293.190 — Reversion of appropriations to General Fund; cancellation of budget limitations; rules; exceptions; extensions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.036 — OR Code / Title 28 / Chapter 292 / Section 292.036
292.036 Rules
Status: in_force

The Oregon Department of Administrative Services may prescribe such rules and regulations as are necessary to carry out the provisions of ORS 292.014 (Definitions for ORS 292.014 to 292.036) to 292.036 (Rules) . [1955 c.495 §10]

Source: Section 292.036 — Rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.640 — OR Code / Title 28 / Chapter 293 / Section 293.640
293.640 Period covered by biennial reports
Status: in_force

The biennial report of any state officer or agency required to be submitted to the Legislative Assembly or the Governor shall cover the biennial period closing on June 30 next preceding the odd-numbered year regular session of the Legislative Assembly. [Formerly 291.572; 1967 c.454 §77; 2011 c.545 §37]

Source: Section 293.640 — Period covered by biennial reports , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 297.503 — OR Code / Title 28 / Chapter 297 / Section 297.503
297.503 Spending constituting “expenditures”
Status: in_force

The Secretary of State shall, by rule, specify categories and types of spending that constitute expenditures for purposes of ORS 297.435 (Exemption from audit) and 297.485 (Filing fees) . [2023 c.10 §3]

Note: 297.503 (Spending constituting “expenditures”) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 297 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 297.503 — Spending constituting “expenditures”; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 293.863 — OR Code / Title 28 / Chapter 293 / Section 293.863
293.863 Investment pool procedures
Status: in_force

(1) As used in this section:

(a) “Council” means the Oregon Investment Council.

(b) “Investor” means an entity which deposits proceeds with the State Treasurer for investment in a pool.

(c) “Pool” means a fund or account established by the State Treasurer for the investment of proceeds for one or more investors, pursuant to this section.

(d) “Public body” has the meaning given that term in ORS 287A.001 (Definitions for ORS chapter 287A) .

(e) “Proceeds” means funds obtained from the sale of tax-exempt obligations, and other funds which secure, or are held to pay debt service on, tax-exempt obligations.

(f) “Tax-exempt obligations” means bonds, notes, certificates or other obligations, the interest on which is excluded from gross income under the United States Internal Revenue Code.

(2) In addition to the other powers granted to the State Treasurer, the State Treasurer may create one or more pools for the investment of proceeds. The pools shall be separate and distinct from the General Fund. Amounts in a pool shall be invested under the standards for investment of state funds which are provided in ORS 293.701 (Definitions for ORS 293.701 to 293.857) to 293.857 (Separate accounts for each local government) . However, the investment objective for the pools shall be to make the amounts therein as productive to the investor as is administratively reasonable, taking into account restrictions imposed by the United States on the investment of the proceeds and the ability of the investor to retain investment earnings for its benefit. Amounts in a pool shall be invested according to policies established by the Oregon Investment Council. ORS 293.857 (Separate accounts for each local government) shall not apply to investments of amounts in a pool. The State Treasurer or the council may enter into agreements with investors regarding the investment of proceeds in a pool authorized by this section and may take other action reasonably required to establish and operate pools for the investment of proceeds in a manner which reduces the burden on investors of complying with federal arbitrage laws.

(3) The State Treasurer or the council may contract for trust, investment management, legal, accounting, financial advisory and other services with respect to the funds invested in a pool. Costs of the services may be paid from earnings on proceeds invested in a pool, from fees charged to investors or from any other legally available funds. The State Treasurer may charge investors fees for deposit or withdrawal of amounts from a pool. The fees shall not exceed the State Treasurer’s reasonable estimate of the costs of creating and operating the pool.

(4) The State Treasurer shall establish policies and procedures for the allocation of pool expenses, earnings and losses among investors in a pool, and for the deposit and withdrawal of amounts in a pool. Net earnings on amounts in pools shall be distributed among investors in accordance with the policies and procedures established by the State Treasurer.

(5) The State of Oregon, its agencies, public bodies and trustees which hold proceeds may invest proceeds through the State Treasurer in a pool. [Formerly 293.824]

Source: Section 293.863 — Investment pool procedures; duties of State Treasurer , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.338 — OR Code / Title 28 / Chapter 294 / Section 294.338
294.338 Compliance with Local Budget Law required prior to expenditure or tax certification
Status: in_force

(1) A municipal corporation may not expend money or certify to the assessor an ad valorem tax rate or estimated amount of ad valorem taxes to be imposed in any year unless the municipal corporation has complied with ORS 294.305 (Sections constituting Local Budget Law) to 294.565 (Failure to file copy of required budget, reports or other documents) .

(2) Subsection (1) of this section does not apply to the expenditure of grants, gifts, bequests or devises transferred to a municipal corporation in trust for specific purposes or to other special purpose trust funds at the disposal of municipal corporations. A municipal corporation may not make an expenditure under this subsection unless the governing body of the municipal corporation enacts appropriation ordinances or resolutions authorizing the expenditure.

(3) Subsection (1) of this section does not apply:

(a) To the extent that maintenance, repair or self-insurance reserves authorized by ORS 294.373 (Reserving receipts from revenue-producing property or facility) or nontax funds are available or may be made available; and

(b) If the governing body of a municipal corporation:

(A) Adopts an ordinance or resolution to appropriate excess expenditures for a specific purpose or purposes; and

(B) Intentionally left blank —Ed.

(i) Declares the existence of an occurrence or condition that could not have been foreseen at the time of the preparation of the budget for the current year or current budget period;

(ii) Could not have foreseen a pressing necessity for the expenditure at the time of the preparation of the budget for the current year or current budget period; or

(iii) Receives a request for services or facilities, the cost of which is supplied by a private individual, corporation or company or by another governmental unit necessitating a greater expenditure of public money for any specific purpose or purposes than the amount budgeted in order to provide the services for which the governing body of the municipal corporation was responsible.

(4) Subsection (1) of this section does not apply to the expenditure during the current year or current budget period of the proceeds of the sale of the following bonds, as defined in ORS 287A.001 (Definitions for ORS chapter 287A) , or to the expenditure during the current year or current budget period of other funds to pay debt service on those bonds:

(a) Bonds that are issued under ORS 287A.150 (Authority of public body to issue revenue bonds) and for which the referral period described in ORS 287A.150 (Authority of public body to issue revenue bonds) ended after the preparation of the budget of the current year or current budget period;

(b) Bonds that were approved by the electors during the current year or current budget period; or

(c) Bonds issued during the current year or current budget period to refund previously issued bonds or obligations.

(5) Subsection (1) of this section does not apply to:

(a) Expenditures of funds received from the sale of conduit revenue bonds or other borrowings issued for private business entities or nonprofit corporations by public bodies, as defined in ORS 287A.001 (Definitions for ORS chapter 287A) , or the State of Oregon or to pay debt service on the bonds;

(b) Expenditures of funds that have been irrevocably placed in escrow for the purpose of defeasing and paying bonds;

(c) Expenditures of assessments or other revenues to redeem bonds that are payable from the assessments or other revenues, when the assessments or other revenues are received as a result of prepayments or other unforeseen circumstances; or

(d) Expenditures of funds that are held as debt service reserves for bonds if the expenditures are made to:

(A) Pay debt service on the bonds;

(B) Redeem the bonds; or

(C) Fund an escrow or trust account to defease or pay the bonds.

(6) Subsection (1) of this section does not apply to expenditures of funds received from assessments against benefited property for local improvements as defined in ORS 223.001 (Definitions) to the extent that the cost of the improvements is payable by owners of benefited property.

(7) Subsection (1) of this section does not apply to the expenditure of funds accumulated to pay deferred employee compensation.

(8) Subsection (1) of this section does not apply to refunds or the interest on refunds granted by counties under ORS 311.806 (Refund of taxes on real and personal property) .

(9) Subsection (1) of this section does not apply to refunds received by a municipal corporation when purchased items are returned after an expenditure has been made. A municipal corporation may not make an expenditure under this subsection unless the governing body of the municipal corporation enacts appropriate appropriation ordinances or resolutions authorizing the expenditure.

(10) Subsection (1) of this section does not apply to a newly formed municipal corporation during the fiscal year in which it was formed. If a new municipal corporation is formed between March 1 and June 30, subsection (1) of this section does not apply to the municipal corporation during the fiscal year immediately following the fiscal year in which it was formed. [Formerly 294.326]

Source: Section 294.338 — Compliance with Local Budget Law required prior to expenditure or tax certification; exceptions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.233 — OR Code / Title 28 / Chapter 293 / Section 293.233
293.233 Exemption of accounts from assignment to Department of Revenue or private collection agency
Status: in_force

(1) A state agency may use rules adopted by the Oregon Department of Administrative Services for exempting liquidated and delinquent accounts from assignment to the Department of Revenue or a private collection agency. The state agency shall provide documentation and justification for exempting liquidated and delinquent accounts from assignment.

(2) The Oregon Department of Administrative Services shall adopt rules governing the procedure that a state agency may follow in exempting a liquidated and delinquent account from assignment, including but not limited to adequacy of the documentation and justification that a state agency is required to provide under this section. [1999 c.1092 §4; 2017 c.746 §19]

Note: See note under 293.227 (Definitions for ORS 293.227 to 293.233) .

Source: Section 293.233 — Exemption of accounts from assignment to Department of Revenue or private collection agency; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.920 — OR Code / Title 28 / Chapter 294 / Section 294.920
294.920 Hearing on budget document
Status: in_force

(1) Each council of governments shall hold a public hearing on the budget document as approved by the budget committee.

(2) Not less than eight days and not more than 14 days prior to the meeting held as required by subsection (1) of this section, notice of the meeting shall be published in a newspaper of general circulation within each county represented by the council of governments. The notice shall contain the time and place of the meeting and the place where the budget document, as approved by the budget committee, is available. The notice shall also state that the meeting is a public meeting where any person may appear for or against any item in the budget document. [1987 c.666 §5]

Note: See note under 294.900 (“Council of governments” defined) .

Source: Section 294.920 — Hearing on budget document , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.565 — OR Code / Title 28 / Chapter 293 / Section 293.565
293.565 Apportionment among counties of moneys received from federal government under Mineral Lands Leasing Act
Status: in_force

(1) Except for a distribution charge that shall be deducted to meet expenses incurred by the Oregon Department of Administrative Services in administering this section, all funds received from the United States Government by the State of Oregon as its distributive share of the amounts collected under the provisions of the Act of Congress of February 25, 1920, 41 Stat. 437, known as the Mineral Lands Leasing Act, and any Act amendatory thereof, shall upon receipt by the State Treasurer be credited to a special fund in the State Treasury to be known as the Federal Mineral Leases Fund and shall be distributed to the counties in which such leased public lands are located. The distribution charge shall be 60 cents per county and is in addition to the transaction charge approved for the department during the budgetary process. The amount of the distribution charges is continuously appropriated to the department to meet expenses incurred in administering this section.

(2) The department shall ascertain from the proper United States officers having the records of receipts from the sources in this state for which money is received by the State of Oregon and shall segregate and pay over by warrant to the county in which the leased public mineral land is located the sums, less the deduction, so received. Where the leased public mineral land is located in more than one county of the state, each shall receive such proportionate amount of the sum as the area of the leased public mineral land included within the boundary of the county bears to the total area of the leased public mineral lands within the state. [Formerly 291.536; 1985 c.787 §4]

Source: Section 293.565 — Apportionment among counties of moneys received from federal government under Mineral Lands Leasing Act; Federal Mineral Leases Fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.500 — OR Code / Title 28 / Chapter 293 / Section 293.500
293.500 Probate proceedings unnecessary
Status: in_force

It shall not be necessary to institute probate proceedings to establish the right of any of the surviving parties named in ORS 293.490 (Payment upon death of person entitled to money from state if estate not in probate) to collect the amounts due the decedent under ORS 293.490 (Payment upon death of person entitled to money from state if estate not in probate) and 293.495 (Procedure for payment) ; but if, after payment of such amounts, the estate of the decedent is probated, the person receiving the moneys due the decedent shall account therefor to the administrator of the estate of the decedent. [Formerly 291.530]

Source: Section 293.500 — Probate proceedings unnecessary; accounting to administrator , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.234 — OR Code / Title 28 / Chapter 293 / Section 293.234
293.234 Report by Oregon Department of Administrative Services on certain uncollected debt
Status: in_force

(1) The Oregon Department of Administrative Services shall, no later than December 31 of each year and in the manner provided by ORS 192.245 (Form of report to legislature) , report to the Legislative Assembly the amounts of liquidated and delinquent debt that, in the previous fiscal year:

(a) Were written off by a state agency under ORS 293.240 (Writing off uncollectible debts due state agency) ;

(b) Were abated by a state agency; and

(c) Were canceled by the Department of Revenue under ORS 305.155 (Cancellation of uncollectible tax) .

(2) Each state agency shall certify to the Oregon Department of Administrative Services that the debts described in subsection (1) of this section were written off, abated or canceled in accordance with applicable statutes and rules.

(3) All state agencies shall provide to the department any information that the department considers necessary or convenient for carrying out its duties under this section, to the extent permitted by laws relating to confidentiality.

(4) The department may adopt rules necessary to carry out the provisions of this section.

(5) As used in this section:

(a) “Abated” means waived, settled or determined not to be owed.

(b) “State agency” has the meaning given that term in ORS 293.226 (Use of Social Security numbers for state agency debt collection activities) , except that it does not include the judicial department as defined in ORS 174.113 (“Judicial department” defined) , the Secretary of State or the State Treasurer. [2017 c.713 §1; 2019 c.278 §17]

Note: 293.234 (Report by Oregon Department of Administrative Services on certain uncollected debt) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 293 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.234 — Report by Oregon Department of Administrative Services on certain uncollected debt; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.375 — OR Code / Title 28 / Chapter 293 / Section 293.375
293.375 Use of facsimile signatures by state officers and employees
Status: in_force

(1) When authorized to use facsimile signatures by the administrative head of any state agency, any person authorized to sign any check, warrant or other instrument on behalf of the state agency may, in the discretion of the person, sign the check, warrant or other instrument by facsimile signature affixed by any mechanical equipment or device.

(2) Where the use of facsimile signatures is authorized under this section, the holder or drawee of any check, warrant or other instrument bearing or purporting to bear a facsimile signature shall be under no duty to determine the authority of the person who affixed the facsimile signature to use facsimile signatures. [Formerly 291.480 and then 293.355; 1997 c.122 §3]

Source: Section 293.375 — Use of facsimile signatures by state officers and employees , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.272 — OR Code / Title 28 / Chapter 291 / Section 291.272
291.272 Definitions for ORS 291.272 to 291.278
Status: in_force

As used in ORS 291.272 (Definitions for ORS 291.272 to 291.278) to 291.278 (Transfer of allocated amounts) , unless the context requires otherwise:

(1) “Governmental service expenses” means the expenses of state government that are attributable to the operation, maintenance, administration and support of state government generally, and includes the following:

(a) Administrative expenditures of the Oregon Department of Administrative Services supported out of the General Fund.

(b) Sixty percent of the administrative expenditures of the Legislative Assembly out of moneys appropriated from the General Fund, and all of the expenditures incurred in the administration of the duties of the Emergency Board.

(c) Sixty percent of the administrative expenditures incurred by the Legislative Fiscal Office out of moneys appropriated from the General Fund in the administration of the duties of the Joint Committee on Ways and Means and the Emergency Board.

(d) Sixty percent of the administrative expenditures incurred out of moneys appropriated from the General Fund in the administration of the duties of the Legislative Counsel Committee.

(e) Seventy-five percent of the administrative expenditures of the Office of the Governor incurred out of moneys appropriated from the General Fund.

(2) “State agency” means every state officer, board, commission, department, institution, branch or agency of the state government, whose costs are paid wholly or in part from funds held in the State Treasury, and includes the Legislative Assembly, the courts and their officers and committees. [1967 c.637 §2; 1973 c.439 §9; 1983 c.385 §1; 1985 c.565 §45; 1991 c.112 §1; 2013 c.722 §46; 2016 c.117 §28]

Source: Section 291.272 — Definitions for ORS 291.272 to 291.278 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 295.195 — OR Code / Title 28 / Chapter 295 / Section 295.195
295.195 Deposit of funds in foreign country
Status: in_force

(1) Notwithstanding any other provision of this chapter, to the extent estimated to be necessary to fund operations or activities for one biennium of the State of Oregon in a foreign country, the State Treasurer may deposit funds in a financial institution in a foreign country.

(2) When funds are deposited in a financial institution in a foreign country pursuant to subsection (1) of this section, the institution shall not be required to maintain collateral as provided in ORS 295.015 (Maintenance of securities by qualified depository) . Reasonable and prudent measures to protect the public funds from loss shall be exercised to the extent permitted under the laws of the foreign country.

(3) The State Treasurer shall report to the Legislative Assembly biennially on the amounts of deposits in foreign countries, and the operation and activities funded by such deposits. The report shall be submitted to the offices of the President of the Senate and the Speaker of the House of Representatives and shall be referred by each of them to appropriate standing committees other than committees concerned with budgets of the State Treasurer or the activity or operation so funded. [1983 c.374 §§1,2; 1989 c.399 §1; 2009 c.762 §56; 2015 c.767 §13]

Source: Section 295.195 — Deposit of funds in foreign country; effect on collateral; report to Legislative Assembly , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 293.525 — OR Code / Title 28 / Chapter 293 / Section 293.525
293.525 Payments to and by state agencies by electronic funds transfers
Status: in_force

(1) Upon consultation with the State Treasurer’s office, a state agency by rule may:

(a) Require that payments to the agency above designated amounts be made by electronic funds transfer. All electronic funds transfer entries through an automated clearinghouse shall follow standards adopted by the State Treasurer that shall be substantially similar to those adopted by the National Automated Clearing House Association.

(b) Notwithstanding any provision of law requiring payment by check or other means, establish a program under which electronic funds transfer is the primary method for payments made by the agency.

(2) Intentionally left blank —Ed.

(a) In addition to any other penalty provided by law, a state agency may assess a penalty not to exceed five percent of the amount of the payment for failure to comply with the agency’s rules requiring payments to the agency by electronic funds transfer.

(b) An agency that adopts rules under subsection (1)(b) of this section may not assess a penalty for failure to comply with the rules against any payee that is unable to receive payment by electronic funds transfer. Nothing in this paragraph authorizes a state agency to assess a penalty for failure to comply with rules adopted under subsection (1)(b) of this section.

(c) An agency that adopts rules under subsection (1)(b) of this section may not require a payee to open a bank account as a condition of receipt of payment.

(3) Notwithstanding subsection (1) of this section, the Department of Revenue may not require electronic funds transfer as the primary method for payment of:

(a) Estimated tax, as defined in ORS 316.557 (Definition of “estimated tax.”) ;

(b) Tax due to the department as shown on an individual income tax return filed under ORS chapter 316; or

(c) Refunds of overpayments issued by the department under ORS 314.415 (Refunds) .

(4) As used in this section:

(a) “Electronic funds transfer” is the movement of funds by nonpaper means, usually through a payment system including, but not limited to, an automated clearinghouse or the Federal Reserve’s Fedwire system.

(b) “State agency” means an agency as defined by ORS 183.310 (Definitions for chapter) (1). [1991 c.369 §§1,2; 2005 c.28 §1]

Note: 293.525 (Payments to and by state agencies by electronic funds transfers) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 293 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.525 — Payments to and by state agencies by electronic funds transfers; rules; penalty for failure to comply , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.265 — OR Code / Title 28 / Chapter 293 / Section 293.265
293.265 Disposition of collected moneys
Status: in_force

(1) Intentionally left blank —Ed.

(a) Except as provided in paragraph (b) of this subsection and subsection (5) of this section, it is the duty of the officer or other person or agent collecting, receiving, in possession of, or having the control of any state moneys or other funds, contributions or donations collected or received by, and to be expended by or on behalf of the state under the approval or supervision of any state agency, recognized by the laws of this state and having the power to collect and disburse state funds, to turn over all the moneys described in this section collected or received by or on account of the state agency, to the State Treasurer not later than one business day after collection or receipt of the moneys.

(b) The state agency, or other person or agent collecting state moneys or other funds on account of the state agency, may comply with paragraph (a) of this subsection by using a reasonable, longer period for the transmittal of particularly identified funds or categories of funds if the agency documents and maintains in its official files information that:

(A) A valid business reason exists for using a longer transmittal period;

(B) The period is no longer than necessary to satisfy that business reason; and

(C) Any person or agent collecting state moneys or other funds on account of the state agency has complied with any applicable procedures, principles, standards or requirements for cash management prescribed by the State Treasurer under ORS 293.875 (State Treasurer as state banking and cash management officer) .

(c) Upon request of the Division of Audits of the Secretary of State, the state agency shall submit a copy of the documentation required under this subsection to the division.

(2) The deposit by or on behalf of the state under the approval or supervision of any state agency of a check marked “paid in full,” “payment in full,” “full payment of a claim” or words of similar meaning does not establish an accord and satisfaction that binds the state or prevents the collection of the remaining amount owed upon the obligation unless an officer or employee with actual authority to settle claims has agreed in writing to accept the check as full payment of a disputed obligation.

(3) Notwithstanding the provisions of subsection (1) of this section, subject to limits on amount adopted pursuant to subsection (4) of this section, a state agency may return any bank check or money order received by the state agency, whenever such bank check or money order is incomplete or the report or record applied for is not available or releasable or the payment is not owed. The state agency shall keep a record of the check or money order returned, in the form prescribed by the Oregon Department of Administrative Services.

(4) After consultation with the State Treasurer, the department shall by rule limit the return, by a state agency, of a bank check or money order under subsection (3) of this section to checks or money orders of less than the amount specified in the rule.

(5) This section does not apply to moneys collected or received by a county pursuant to an agreement between the county and a state agency. The timing of a transmittal of moneys under such an agreement is governed by the terms of the agreement.

(6) As used in this section, “state agency” means any state officer, board, commission, corporation, institution, department or other state organization whose costs are paid wholly or in part from funds held in the State Treasury. [Formerly 291.436; 1969 c.141 §3; 1979 c.74 §1; 1989 c.205 §1; 1997 c.122 §1; 2015 c.17 §1; 2017 c.500 §1]

Source: Section 293.265 — Disposition of collected moneys; accord and satisfaction; return of checks or money orders; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.480 — OR Code / Title 28 / Chapter 293 / Section 293.480
293.480 Adoption of uniform procedure for issuing duplicate instruments
Status: in_force

State officers, boards, departments or commissions lawfully issuing instruments upon the State Treasurer may adopt the uniform procedure of issuing and delivering to all parties entitled thereto duplicate instruments to replace those lost, stolen or destroyed, in accordance with ORS 293.475 (Issuance of duplicate instrument) . [Formerly 291.522; 1969 c.142 §2; 1979 c.763 §3; 2005 c.110 §4]

Source: Section 293.480 — Adoption of uniform procedure for issuing duplicate instruments , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.047 — OR Code / Title 28 / Chapter 292 / Section 292.047
292.047 Deduction for payment to Oregon State Capitol Foundation
Status: in_force

Any state official authorized to disburse funds in payment of salaries or wages of state officers or employees is authorized, upon written request of the officer or employee, to deduct each month from the salary or wages of the officer or employee the amount of moneys designated by the officer or employee for payment to the Oregon State Capitol Foundation under ORS 173.500 (Establishment) . Moneys deducted from salaries or wages under this section shall be paid over promptly and as directed by the Oregon State Capitol Foundation, to be used solely for the purposes set forth in ORS 173.500 (Establishment) (2). Subject to any rules adopted by the Oregon Department of Administrative Services, the state official authorized to disburse funds in payment of salaries or wages may prescribe any procedure necessary to carry out this section. [2009 c.281 §1; 2015 c.35 §3]

Note: 292.047 (Deduction for payment to Oregon State Capitol Foundation) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 292 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 292.047 — Deduction for payment to Oregon State Capitol Foundation; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 297.050 — OR Code / Title 28 / Chapter 297 / Section 297.050
297.050 Supply of audit reports to Joint Legislative Audit Committee and Legislative Fiscal Officer
Status: in_force

(1) The Division of Audits of the office of the Secretary of State shall supply the Joint Legislative Audit Committee and the Legislative Fiscal Officer with a copy of each audit report made by or for the Division of Audits.

(2) The Division of Audits shall cause a periodic peer review to be completed as required by the standards of the United States Government Accountability Office. The Division of Audits shall supply a copy of each peer review report to the committee. [1959 c.70 §10; 1997 c.847 §5; 2008 c.7 §7; 2017 c.532 §6; 2019 c.567 §5]

Source: Section 297.050 — Supply of audit reports to Joint Legislative Audit Committee and Legislative Fiscal Officer; peer review , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 293.771 — OR Code / Title 28 / Chapter 293 / Section 293.771
293.771 Reports by council to Governor and legislature
Status: in_force

The Oregon Investment Council shall report to the Governor and Legislative Assembly on the investment funds investment program at each odd-numbered year regular session of the Legislative Assembly and at other times as the council considers in the public interest. [1967 c.335 §16; 2011 c.545 §38]

Source: Section 293.771 — Reports by council to Governor and legislature , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.167 — OR Code / Title 28 / Chapter 293 / Section 293.167
293.167 Proceeding when warrants not paid for want of funds
Status: in_force

(1) For the purposes of this section:

(a) Exhaustion of the General Fund has the meaning described in ORS 293.165 (Borrowing to pay warrants against General Fund) (2).

(b) “Restricted fund” means a fund in the General Fund whose use is restricted to particular purposes by the Constitution of Oregon or by federal law.

(2) Instead of paying warrants drawn on the General Fund, the State Treasurer shall indorse on the warrants the words “Not paid for want of funds” and shall register the warrants for future payment if:

(a) The General Fund becomes exhausted after the State Treasurer has borrowed moneys as provided in ORS 293.165 (Borrowing to pay warrants against General Fund) and has made the transfers of surplus funds as provided in ORS 293.205 (Definitions for ORS 293.205 to 293.225) to 293.225 (Construction of ORS 293.205 to 293.220) ; and

(b) The Governor, the Secretary of State and the State Treasurer deem it necessary or advisable to refuse to pay the warrants and to register the warrants, and direct the State Treasurer to do so.

(3) The State Treasurer shall register the warrants indorsed as provided in subsection (2) of this section by number and by date according to the date on which the warrants were presented for payment. All warrants so indorsed and registered shall thereafter become payable in full according to the date of registration, beginning with the earliest date. Warrants described in this subsection are payable only from moneys in the General Fund that are not in restricted funds.

(4) Notwithstanding subsection (2) of this section, a warrant that is drawn against a restricted fund may be paid, even if the General Fund is exhausted, if there are sufficient moneys in the restricted fund to pay the warrant. The State Treasurer need not indorse or register a warrant paid under this subsection in the manner described in subsections (2) and (3) of this section.

(5) Warrants that are registered under subsections (2) and (3) of this section shall draw interest payable from the General Fund, until called for payment by the State Treasurer, at the rate of five percent per year. The Oregon Department of Administrative Services shall determine the amount of interest payable on each warrant under this subsection and when and how the interest will be paid.

(6) As funds for the payment of all the warrants registered on a particular date and of the interest thereon become available in the General Fund, the State Treasurer shall give notice of the calling of the warrants for payment by one publication in a newspaper printed and published in Salem, Oregon. [Formerly 293.170]

Source: Section 293.167 — Proceeding when warrants not paid for want of funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.203 — OR Code / Title 28 / Chapter 291 / Section 291.203
291.203 Tax expenditure report by Governor
Status: in_force

(1) Not later than November 10 of each even-numbered year, the Governor shall cause the tax expenditure report to be compiled and prepared for printing.

(2) In the tax expenditure report, the Governor shall:

(a) List each tax expenditure;

(b) Identify the statutory authority for each tax expenditure;

(c) Describe the purpose of each tax expenditure;

(d) Estimate the amount of revenue loss caused by each tax expenditure for the coming biennium;

(e) List the actual amount of revenue loss in the preceding biennium for each tax expenditure or an estimate if the actual amount cannot be determined;

(f) Determine whether each tax expenditure has successfully achieved the purpose for which the tax expenditure was enacted and currently serves, including an analysis of the persons that are benefited by the expenditure; and

(g) Categorize each tax expenditure according to the programs or functions each tax expenditure supports. [1995 c.746 §65; 2016 c.117 §13]

Source: Section 291.203 — Tax expenditure report by Governor , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.258 — OR Code / Title 28 / Chapter 293 / Section 293.258
293.258 Delinquent Accounts Administration Fund
Status: in_force

(1) The Delinquent Accounts Administration Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Delinquent Accounts Administration Fund shall be credited to the fund. Moneys in the fund are continuously appropriated to the Oregon Department of Administrative Services for purposes of administering ORS 293.226 (Use of Social Security numbers for state agency debt collection activities) and 293.252 (Duties of Oregon Department of Administrative Services relating to state agency debt collection) to 293.256 (Charges for expenses of Oregon Department of Administrative Services) .

(2) The fund shall consist of:

(a) Moneys deposited in the fund pursuant to ORS 293.256 (Charges for expenses of Oregon Department of Administrative Services) ;

(b) Amounts donated to the fund;

(c) Amounts appropriated or otherwise transferred to the fund by the Legislative Assembly; and

(d) Other amounts deposited in the fund from any source. [2015 c.766 §9]

Note: See note under 293.252 (Duties of Oregon Department of Administrative Services relating to state agency debt collection) .

Source: Section 293.258 — Delinquent Accounts Administration Fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.030 — OR Code / Title 28 / Chapter 294 / Section 294.030
294.030 Deductions for bonds from compensation of municipal and other employees
Status: in_force

(1) The governing body of a municipal corporation, quasi-municipal corporation or civil subdivision of the state may, with the approval of the relevant employees of the municipal corporation, quasi-municipal corporation or civil subdivision, make deductions from their salaries and wages for the purpose of purchasing for them United States War Savings Bonds or other federal obligations.

(2) The governing body shall take proper precautions for the depositing, securing and disbursing of the sums so deducted and for the delivering of all bonds or other obligations purchased.

(3) Balances to the credit of the accounts in which the sums so deducted are deposited may be used for the purchase in advance, from the federal government or from any federal reserve bank or other authorized federal agency, of war savings bonds or other obligations of the federal government, either in blank or in inscribed form, in convenient denominations to meet the requirements of the purchasers thereof.

Source: Section 294.030 — Deductions for bonds from compensation of municipal and other employees; purchasing bonds in advance , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.620 — OR Code / Title 28 / Chapter 294 / Section 294.620
294.620 Office of commission
Status: in_force

(1) The county court shall furnish an office in the county courthouse or other convenient place for the use of the commission, as is furnished to other departments.

(2) The commission may employ and fix the salaries of such clerks and other assistants as in their judgment shall seem meet and proper to keep the records of the commission and perform any other service to which they may be assigned by the commission. Such clerks and assistants shall be paid out of the general fund of the county in the same manner as other county officers and employees are paid.

Source: Section 294.620 — Office of commission; employment and compensation of assistants , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.206 — OR Code / Title 28 / Chapter 291 / Section 291.206
291.206 Guidance of agencies in completing agency request budgets
Status: in_force

(1) The Governor shall prescribe rules the Governor considers necessary for the guidance of agencies in the preparation of agency request budgets. The Governor shall use the classifications of expenditures provided in ORS 291.216 (Governor’s budget) (6)(a) and shall prepare and prescribe classifications of revenue for the purpose of budget-making and accounting.

(2) Insofar as practicable, agency request budgets and appropriation measures shall be prepared in a manner that reflects state governmental organization and state agency duties, functions and powers under the law in effect on January 1 of the following year. The Oregon Department of Administrative Services shall maintain agency request budgets in the form in which they are submitted.

(3) As supplemental information, each agency request budget shall include options for a 10 percent reduction from the estimate of the projected costs of continuing currently authorized activities or programs for the next biennium, excluding debt service. Each state agency shall describe the 10 percent reduction in terms of the activities or programs that the agency will not undertake. The activities or programs must be ranked in order of importance and priority on the basis of lowest cost for benefit obtained.

(4) As supplemental information, each agency request budget shall include a racial impact statement, which must be developed in consultation with the Racial Justice Council. The racial impact statement must describe the impact of programs, policies and budget modifications on Oregonians who are Black, Indigenous or other people of color. [Amended by 1969 c.173 §1; 2016 c.117 §15; 2021 c.612 §4]

Source: Section 291.206 — Guidance of agencies in completing agency request budgets; 10 percent cost reduction options; racial impact statement , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.745 — OR Code / Title 28 / Chapter 294 / Section 294.745
294.745 Analysis of fund receipts and expenditures
Status: in_force

The Employment Department shall investigate the experience of political subdivision participation in operations of the fund, including the relationship of fund receipts to fund expenditures and report the results of the investigation to the legislature at least 30 days prior to the convening of the odd-numbered year regular session of the Legislative Assembly. The report shall include any recommended changes in the provisions of ORS 293.701 (Definitions for ORS 293.701 to 293.857) , 294.725 (Definitions for ORS 294.725 to 294.755) to 294.755 (Payment on quarterly basis) and 657.513 (Political subdivision contribution payments from Local Government Employer Benefit Trust Fund) . [1977 c.491 §8; 1989 c.135 §5; 2011 c.545 §39]

Source: Section 294.745 — Analysis of fund receipts and expenditures; report to Legislative Assembly , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 295.007 — OR Code / Title 28 / Chapter 295 / Section 295.007
295.007 Conditions for acting as custodian
Status: in_force

(1) A financial institution or a Federal Home Loan Bank may be a custodian for securities pledged by a qualified depository if it:

(a) Is approved by the State Treasurer;

(b) Enters into a pledge agreement; and

(c) Except as provided in subsection (3) of this section, certifies in writing to the State Treasurer that it will furnish the reports required under ORS 714.075 (Reports of deposits held at branches) to the Director of the Department of Consumer and Business Services.

(2) The State Treasurer may adopt rules setting forth additional requirements the State Treasurer determines must be met for a depository to be approved as a custodian under this section.

(3) A Federal Home Loan Bank may serve as a custodian without meeting the requirements of subsection (1)(c) this section. [2019 c.587 §8]

Source: Section 295.007 — Conditions for acting as custodian; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 294.474 — OR Code / Title 28 / Chapter 294 / Section 294.474
294.474 Requirement to file materials related to measure proposing local option tax or general obligation bond
Status: in_force

If a municipal corporation places a local option tax measure or a general obligation bond measure on the ballot to be voted on by the electors of the corporation, the chief elections officer of a city, governing body of a county or district elections authority responsible for filing materials relating to the measure under ORS 254.095 (City elections officers’ statements of offices, candidates and measures) (2), 254.103 (Filing of measures referred by county governing body) or 255.085 (Notice of district election on issuance of bonds or on other measure) (1) shall file the materials with the appropriate county elections officer. The county elections official shall file a copy of the materials with the Secretary of State for publication on the electronic filing system adopted under ORS 260.057 (Electronic campaign finance filing system) . [2017 c.552 §3; 2021 c.551 §27]

Source: Section 294.474 — Requirement to file materials related to measure proposing local option tax or general obligation bond , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.575 — OR Code / Title 28 / Chapter 293 / Section 293.575
293.575 Distribution of funds received under the Taylor Grazing Act
Status: in_force

(1) Except for a distribution charge that shall be deducted to meet expenses incurred by the Oregon Department of Administrative Services in administering this section, all funds received from the United States Government as a distributive share of the amounts collected by the United States Government under the provisions of the Act of Congress of June 28, 1934, public document No. 482, known as the Taylor Grazing Act, and any Act amendatory thereof shall, upon receipt by the State Treasurer be credited to a special fund in the State Treasury to be known as the Taylor Grazing Fund and shall be distributed to the several counties in which such public lands are located. The distribution charge shall be 60 cents per county and is in addition to the transaction charge approved for the department during the budgetary process. The amount of the distribution charges is continuously appropriated to the department to meet expenses incurred in administering this section. The department shall ascertain from the proper United States officers, having the records of receipts from grazing permits and leased public lands, the amount of receipts from such sources in this state for each year for which money is received by the state. A separate account shall be kept of the sum received from each grazing district and lease of public lands, which sum shall be segregated by the department and paid to the county in which the grazing district or leased public land is located, based on the number of animal unit months contained in the grazing district or leased public land within the county from which the moneys are collected. However, where the grazing district or leased public land is located in more than one county, each shall receive such proportional amount of the sum as the animal unit months of such grazing district or leased public land included within the boundary of such county shall bear to the total animal unit months of such grazing district or lease.

(2) As used in this section, “animal unit months” means the amount of forage required to sustain a bovine animal for one month. [Formerly 606.220 and then 291.540; 1981 c.296 §1; 1985 c.787 §6]

Source: Section 293.575 — Distribution of funds received under the Taylor Grazing Act; Taylor Grazing Fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.468 — OR Code / Title 28 / Chapter 294 / Section 294.468
294.468 Loans from one fund to another
Status: in_force

(1) It shall be lawful to loan money from any fund to any other fund of the municipal corporation whenever the loan is authorized by official resolution or ordinance of the governing body. The loans shall be made in compliance with the applicable requirements and limitations of this section. Loans made under this section shall not be made from:

(a) Debt service reserve funds created to provide additional security for outstanding bonds or other borrowing obligations that the municipal corporation has covenanted with the holders of such bonds or other borrowing obligations to maintain at certain specified levels. However, nothing in this paragraph is intended or shall be construed to prohibit loans from any such debt service reserve fund to the extent that the aggregate outstanding amount of the loans does not exceed the amount by which the amount in such debt service reserve fund exceeds the amount the municipal corporation has covenanted to maintain in the reserve fund with the holders of the related bonds or other borrowing obligations;

(b) Debt service funds created to account for moneys needed to make annual debt service payments on outstanding bonds or other borrowing obligations; or

(c) Moneys credited to any fund when, under applicable constitutional provisions, the moneys are restricted to specific uses unless the purpose for which the loan is to be made is a use allowed under such constitutional provisions.

(2) The resolution or ordinance authorizing any interfund loan permitted under this section shall:

(a) State the fund from which the loan is to be made, the fund to which the loan is to be made, the purpose for which the loan is to be made and the principal amount of the loan.

(b) If the interfund loan is a capital loan, set forth a schedule under which the principal amount of the loan, together with interest thereon at the rate provided for in paragraph (c)(B) of this subsection, is to be budgeted and repaid to the lending fund. The schedule shall provide for the repayment in full of the loan over a term not to exceed 10 years from the date the loan is made.

(c) If the interfund loan is a capital loan, provide that the loan shall bear interest at an annual rate equal to:

(A) The rate of return on moneys invested in the investment pool under ORS 294.805 (Definitions for ORS 294.805 to 294.895) to 294.895 (Board duties, generally) , as reported under ORS 294.875 (Monthly report of investments of pool funds) , immediately prior to the adoption of the ordinance or resolution authorizing the loan; or

(B) Such other rate as the governing body may determine.

(d) If the interfund loan is an operating loan, provide that the money loaned shall be budgeted and repaid to the fund from which the money was borrowed by the end of the ensuing year or ensuing budget period.

(3) The payment of any operating loans not repaid in the year or budget period in which the operating loan was made shall be budgeted as a requirement in the ensuing year or ensuing budget period.

(4) It shall be lawful to commingle cash balances of funds so long as all such fund moneys are segregated in the budget and accounting records.

(5) As used in this section:

(a) “Capital loan” means any interfund loan, or portion thereof, made for the purpose of financing the design, acquisition, construction, installation or improvement of real or personal property and not for the purpose of paying operating expenses.

(b) “Operating loan” means any interfund loan, or portion thereof, that is not a capital loan, including any interfund loan, or portion thereof, made for the purpose of paying operating expenses. [Formerly 294.460; 2013 c.338 §14]

Source: Section 294.468 — Loans from one fund to another; commingling cash balances of funds , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.227 — OR Code / Title 28 / Chapter 293 / Section 293.227
293.227 Definitions for ORS 293.227 to 293.233
Status: in_force

As used in ORS 293.227 (Definitions for ORS 293.227 to 293.233) to 293.233 (Exemption of accounts from assignment to Department of Revenue or private collection agency) , unless the context requires otherwise:

(1) “Payment” means a voluntary amount of money paid by a debtor to a state agency or an involuntary amount of money paid by a debtor through offset or garnishment.

(2) “State agency” has the meaning given that term in ORS 293.226 (Use of Social Security numbers for state agency debt collection activities) , except that it does not include the judicial department as defined in ORS 174.113 (“Judicial department” defined) , the legislative department as defined in ORS 174.114 (“Legislative department” defined) or entities described in ORS 293.226 (Use of Social Security numbers for state agency debt collection activities) (7)(b). [1999 c.1092 §1; 2001 c.104 §101; 2019 c.278 §15]

Note: 293.227 (Definitions for ORS 293.227 to 293.233) to 293.233 (Exemption of accounts from assignment to Department of Revenue or private collection agency) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 293 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 293.227 — Definitions for ORS 293.227 to 293.233 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.368 — OR Code / Title 28 / Chapter 294 / Section 294.368
294.368 Determination of estimated tax revenues
Status: in_force

(1) Each municipal corporation that has the power to levy an ad valorem property tax shall estimate, in the manner provided in this section, the amount of revenues that will be received in the ensuing year or ensuing budget period through the imposition of taxes upon the taxable property within the municipal corporation.

(2) Subject to the additional adjustments required under subsection (4) of this section, the estimated ad valorem taxes that will be received in the ensuing year or ensuing budget period shall not exceed the following:

(a) The amount derived by multiplying the estimated assessed value for the ensuing year or each fiscal year of the ensuing budget period of the taxable property within the municipal corporation, after boundary changes have been filed in final approved form with the county assessor and the Department of Revenue as provided in ORS 308.225 (Boundary changes) , by whichever of the following is applicable to the municipal corporation:

(A) The municipal corporation’s permanent rate limit on operating taxes, as defined in ORS 310.202 (Definitions for ORS 310.200 to 310.242) (7); or

(B) The municipal corporation’s statutory rate limit on operating taxes, as defined in ORS 310.202 (Definitions for ORS 310.200 to 310.242) (10).

(b) If the municipal corporation is authorized to levy a local option tax that was authorized by the electors as a dollar amount, the dollar amount of such local option tax that is authorized to be levied in the ensuing year or ensuing budget period.

(c) If the municipal corporation is authorized to levy a local option tax that was authorized by the electors as a tax rate, the amount derived by multiplying the authorized rate of such local option tax for the ensuing year or ensuing budget period by the estimated assessed value for the ensuing year or each fiscal year of the ensuing budget period of the taxable property within the municipal corporation.

(d) Subject to subsection (3) of this section, the municipal corporation’s estimate of the amount required to pay the principal and interest on bonded indebtedness that is not subject to limitation under section 11 (11) or section 11b, Article XI of the Oregon Constitution.

(e) The municipal corporation’s estimate of the amount required to repay taxing district bond obligations or pension and disability plan obligations described in section 11 (5), Article XI of the Oregon Constitution.

(3) Intentionally left blank —Ed.

(a) The estimate described in subsection (2)(d) of this section may include:

(A) An amount equal to the total of the payments on the principal and interest on bonded indebtedness that are due and payable in the fiscal period following the fiscal period for which the budget is being prepared and before a sufficient amount of property taxes to pay the bonded indebtedness are collected in that fiscal period, pursuant to ORS 294.398 (Estimate of unappropriated ending fund balance for each fund) .

(B) Amounts to reimburse the municipal corporation for the payment of principal and interest on exempt bonded indebtedness that the municipal corporation made from other moneys because collections of taxes levied for exempt bonded indebtedness were not sufficient to pay the exempt bonded indebtedness.

(b) If the bonded indebtedness is a tax credit bond or other bond that bears interest that is includable in gross income under the Internal Revenue Code, as amended and in effect on June 25, 2009, the payments described in paragraph (a) of this subsection may include deposits that the municipal corporation has agreed to make in a sinking fund that is dedicated to pay the bonded indebtedness.

(4) The amounts determined under subsection (2)(a), (b) and (c) of this section shall be reduced by an amount equal to the estimated amount of such taxes that will not be collected as a result of:

(a) The discounts allowed under ORS 311.505 (Due dates) ;

(b) The limits imposed under ORS 310.150 (Segregation into categories) (3); and

(c) The failure of taxpayers to pay such taxes in the year for which they are levied.

(5) Intentionally left blank —Ed.

(a) The estimated ad valorem taxes determined in accordance with subsection (2)(a), (b) and (c) of this section, prior to adjustment by subsection (4) of this section, shall be used by the municipal corporation for purposes of complying with the requirements of ORS 310.060 (Notice certifying taxes) (1).

(b) The amounts determined under subsection (2)(d) and (e) of this section shall, for purposes of complying with the requirements of ORS 310.060 (Notice certifying taxes) (1), be increased by an amount equal to the estimated amount of taxes that will not be collected as a result of:

(A) The discounts allowed under ORS 311.505 (Due dates) ;

(B) The limits imposed under ORS 310.150 (Segregation into categories) (3); or

(C) The failure of taxpayers to pay taxes in the year for which they are levied. [Formerly 294.381]

Source: Section 294.368 — Determination of estimated tax revenues , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.444 — OR Code / Title 28 / Chapter 294 / Section 294.444
294.444 County budget summary of revenues and expenditures funded in part by state resources
Status: in_force

County budgets must contain a summary of revenues and expenditures for major programs funded in part by state resources. The summary must include, at a minimum, functions related to assessment and taxation, community corrections, district attorneys, juvenile corrections and probation, public health, mental health and chemical dependency, veterans’ services, roads and economic development. The summary must provide the total expenses for each program and identify the revenues used to fund the program from general county resources, state grants, federal grants, video lottery resources and other resources as applicable. The summary must include the revenues and expenditures in the adopted budget, revenues and expenditures in the prior year’s adopted budget, and actual revenue and expenditure data from the two previous years. [Formerly 294.419]

Source: Section 294.444 — County budget summary of revenues and expenditures funded in part by state resources , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 295.046 — OR Code / Title 28 / Chapter 295 / Section 295.046
295.046 Limitation on acceptance of public funds from single public official
Status: in_force

(1) A qualified depository may not accept a deposit of public funds if the deposit would cause the aggregate of public funds deposits that any one public official makes in the depository to exceed at any time the depository’s net worth. If a qualified depository’s net worth is reduced, the depository may allow public funds on deposit in excess of the reduced net worth to remain if the depository deposits with the depository’s custodian eligible securities, or provides other collateral, valued at market value in an amount at least equal to the amount of the excess public funds deposits. If the additional securities required by this section are not deposited with the custodian, or other collateral is not provided, the depository shall permit the public official to withdraw deposits prior to maturity, including accrued interest, in accordance with applicable statutes and governmental regulations.

(2) The limitations of subsection (1) of this section do not apply to public funds deposits a qualified depository holds in a certificate of deposit, time deposit or insured deposit account under ORS 295.004 (Conditions for deposit of funds in excess of specified amounts) . [2007 c.871 §10; 2009 c.821 §12; 2010 c.101 §15; 2011 c.477 §§5,6; 2013 c.1 §26; 2019 c.587 §19]

Source: Section 295.046 — Limitation on acceptance of public funds from single public official; exceptions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 297.485 — OR Code / Title 28 / Chapter 297 / Section 297.485
297.485 Filing fees
Status: in_force

(1) At the time an audit report, prepared by an accountant, is filed with the Secretary of State, as required by ORS 297.465 (Standards for audits) , the municipal corporation shall pay to the Secretary of State a filing fee. The filing fee shall be determined by the total expenditures made by the municipal corporation during the fiscal year audited.

(2) The filing fee to be paid shall be as indicated for those municipal corporations whose total expenditures fall within the classifications as follows:

Over Not Over Fee

$50,000 $40

$ 50,000 150,000 80

150,000 250,000 150

250,000 500,000 250

500,000 1,000,000 300

1,000,000 5,000,000 350

5,000,000 10,000,000 400

10,000,000 50,000,000 450

50,000,000 500

(3) Audit reports filed by the administrative office of the county, under ORS 328.465 (Annual audit procedure) (2), for school districts with less than 1,000 children according to the latest school census in the county, shall be considered one report for purposes of the filing fee required by this section. The filing fee shall be paid by the county administrative office and deducted pro rata from moneys due to the several school districts. [1977 c.774 §10; 1999 c.345 §1; 2023 c.10 §7]

Source: Section 297.485 — Filing fees , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 293.445 — OR Code / Title 28 / Chapter 293 / Section 293.445
293.445 Definition for ORS 293.445 to 293.460
Status: in_force

(1) As used in ORS 293.445 (Definition for ORS 293.445 to 293.460) to 293.460 (Recourse of owners of unpaid checks) , “agency” means any state officer, department, commission or institution.

(2) When any agency determines that moneys have been received by it in excess of the amount legally due and payable to the agency or that it has received moneys to which it has no legal interest, the agency, within three years from the date the money was paid to the agency, shall refund the excess or erroneous payment to the person who made the payment or to the person’s legal representative, and such moneys hereby are continuously appropriated for such purpose.

(3) Unless otherwise provided by law, any agency having in its possession any moneys held for refund or payment to claimants or distributees, or for determination or adjustment of license fees or of other amounts due the state, may, with the consent of the State Treasurer and in accordance with rules prescribed by the State Treasurer, deposit such funds in designated accounts with the State Treasurer and make lawful payments or adjustments therefrom to proper claimants or distributees, by checks or orders drawn on the State Treasurer signed by the officer or administrative head of the agency depositing such funds.

(4) If the amount owed is less than a minimum sum established by rule of the agency authorized to make the refund, any agency by rule may provide that refunds shall be paid upon receipt of a written request from the person who paid the money or the legal representative thereof. [Formerly 291.508; 1983 c.246 §4]

Source: Section 293.445 — Definition for ORS 293.445 to 293.460; authority to make refunds; moneys held for refund or payment to claimants; deposit; rules; drawing checks , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.028 — OR Code / Title 28 / Chapter 294 / Section 294.028
294.028 Payment of warrants by depository
Status: in_force

When authorized by the governing body, any custodian of funds of any municipal or quasi-municipal corporation or civil subdivision of this state other than a school district may direct the depository of such funds to pay any warrant drawn upon such custodian upon presentment of such warrant to such depository, to the same extent and with the same effect as though such warrant were a check drawn upon such depository by such custodian. Such direction shall be in writing and shall identify by name and signature the warrant issuing officer or officers and such depository may rely upon such direction and identification in the payment of such warrants. [1953 c.664 §2]

Source: Section 294.028 — Payment of warrants by depository , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.605 — OR Code / Title 28 / Chapter 293 / Section 293.605
293.605 Fiscal year
Status: in_force

(1) The fiscal year of this state shall commence on July 1 and close on June 30 of each year. All the accounts of the Oregon Department of Administrative Services, Secretary of State and State Treasurer shall be kept and all duties of the department and those officers shall be performed with reference to the beginning and end of the fiscal year.

(2) Whenever it is provided by law that any action or proceeding of the state shall be taken with respect to a budget or tax levy for the calendar year, or for a fiscal year closing on any day other than June 30, each such action or proceeding shall be taken with respect to the fiscal year commencing on July 1 and closing on June 30. [Formerly 291.552; 1967 c.454 §66]

Source: Section 293.605 — Fiscal year , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.016 — OR Code / Title 28 / Chapter 292 / Section 292.016
292.016 Centralized payroll procedure
Status: in_force

The salaries and wages of the officers and employees of any state agency whose salaries and wages are payable out of the State Treasury shall be paid through the medium of payrolls as provided in ORS 292.014 (Definitions for ORS 292.014 to 292.036) to 292.036 (Rules) . [1955 c.495 §2; 1969 c.378 §2]

Source: Section 292.016 — Centralized payroll procedure , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.880 — OR Code / Title 28 / Chapter 293 / Section 293.880
293.880 Accounts and funds established to comply with federal legislation relating to state and federal cash management reform
Status: in_force

The State Treasurer may establish accounts, and the Oregon Department of Administrative Services may establish funds, as needed to comply with the requirements of federal legislation relating to the state and federal cash management reform. These accounts and funds shall be separate and distinct from the General Fund. Interest earned, if any, shall inure to the benefit of the account or fund. Moneys in these accounts and funds are continuously appropriated for the following purposes:

(1) To the extent authorized by federal legislation, administrative expenses of the department, the State Treasurer and the Division of Audits of the Secretary of State in the performance of their duties relating to the program known as the state and federal cash management reform. Payment of such expenses by the department shall be based on properly documented claims and shall be paid the same as other claims against the State of Oregon.

(2) The transfer of interest earnings to the federal government in accordance with signed agreements between the United States Treasury and this state.

(3) The transfer of interest earnings to the General Fund or other separate funds if documentation shows that state funds have been used in anticipation of the receipt of federal funds. The use of state funds in lieu of federal funds must be in accordance with signed agreements between the United States Treasury and this state. [1989 c.552 §2]

Source: Section 293.880 — Accounts and funds established to comply with federal legislation relating to state and federal cash management reform , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.470 — OR Code / Title 28 / Chapter 293 / Section 293.470
293.470 Payment on lost, stolen or destroyed instruments
Status: in_force

(1) An instrument may be paid without presentment if the person claiming to be the lawful owner of the instrument satisfies the officer by whom payment is to be made that the instrument has been lost, stolen or destroyed prior to the claimant’s having received value for the instrument or having negotiated the instrument, in compliance with ORS 293.475 (Issuance of duplicate instrument) .

(2) Notwithstanding subsection (1) of this section, a person, including an officer or employee, is not required to furnish a bond of indemnity for the amount of the lost instrument in cases of destroyed, stolen or lost instruments, but is required to furnish a statement as provided in ORS 293.475 (Issuance of duplicate instrument) . [Formerly 291.518; 1967 c.221 §1; 1973 c.478 §1; 1979 c.763 §1; 2005 c.110 §2]

Source: Section 293.470 — Payment on lost, stolen or destroyed instruments; indemnity bonds not required , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 297.100 — OR Code / Title 28 / Chapter 297 / Section 297.100
297.100 Audit information in Governor’s budget
Status: in_force

(1) In the Governor’s budget required under ORS 291.202 (Budget and tax expenditure report of Governor) , the Governor shall identify any new or enhanced funding or savings included in the budget as a result of implementation of audit findings or recommendations.

(2) Each biennium, the Governor shall prepare a report to accompany the Governor’s budget on the status of implementation of action plans by state agencies in response to audit findings and recommendations. [2019 c.567 §9]

Note: 297.100 (Audit information in Governor’s budget) and 297.103 (Audit information in Secretary of State budget) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 297 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 297.100 — Audit information in Governor’s budget; report , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 294.690 — OR Code / Title 28 / Chapter 294 / Section 294.690
294.690 Records and files of commission open to public inspection
Status: in_force

The public shall have access to the records and files of the commission at the office of the commission at all times during office hours.

Source: Section 294.690 — Records and files of commission open to public inspection , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 297.471 — OR Code / Title 28 / Chapter 297 / Section 297.471
297.471 Secretary of State to prepare summary report
Status: in_force

(1) For each fiscal year under audit, the Secretary of State shall prepare and maintain a summary report that includes, at a minimum:

(a) A list of the municipal corporations that were required to file audit reports with the secretary for the fiscal year as required by ORS 297.405 (Definitions for ORS 297.020, 297.230, 297.405 to 297.740 and 297.990) to 297.555 (Short title) ;

(b) A list of the municipal corporations that filed audit reports with the secretary within six months after the close of the fiscal year under audit;

(c) A list of the municipal corporations that did not request a filing extension and did not file audit reports with the secretary within six months after the close of the fiscal year under audit;

(d) A list of the municipal corporations that requested and were granted filing extensions and either filed or did not file audit reports with the secretary in accordance with the approved extension;

(e) A list of the number and type of deficiencies cited in the audit report by the accountants for each municipal corporation for the fiscal year under audit; and

(f) A description of whether the municipal corporation submitted a plan of action for deficiencies cited in the audit report for the fiscal year under audit to the secretary as described in ORS 297.466 (Auditor statement required) (2) and (3).

(2) Not later than March 1 of each odd-numbered year, the Secretary of State shall submit to the appropriate legislative committee with authority over audits copies of the two most recent summary reports prepared under subsection (1) of this section. The secretary shall make the summary reports available for public inspection in accordance with the secretary’s established procedures. [2015 c.29 §5; 2023 c.10 §12]

Source: Section 297.471 — Secretary of State to prepare summary report , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 291.242 — OR Code / Title 28 / Chapter 291 / Section 291.242
291.242 Allotment required before expenditure of appropriation
Status: in_force

(1) An appropriation to which the allotment system is applicable does not become available to any state agency for expenditure during any allotment period until:

(a) The agency submits to the Oregon Department of Administrative Services an estimate, in such form as the department prescribes, for the allotment period, of the amount required for each activity to be carried on during that period; and

(b) The estimate is approved, increased or decreased by the department and funds allotted therefor.

(2) At the time a state agency submits an estimate to the department under subsection (1)(a) of this section, the agency shall submit a copy of the estimate to the Legislative Fiscal Office. The department may not allot funds under subsection (1)(b) of this section until the agency submits a copy of the estimate to the Legislative Fiscal Office. [Amended by 2009 c.885 §2]

Source: Section 291.242 — Allotment required before expenditure of appropriation; submitting estimates; notice to Legislative Fiscal Office , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.460 — OR Code / Title 28 / Chapter 293 / Section 293.460
293.460 Recourse of owners of unpaid checks
Status: in_force

The lawful owner of any check or order included in the report referred to in ORS 293.450 (Report of checks outstanding more than two years) and not paid may file a claim with the State Treasurer in the manner provided by ORS 98.392 (Claiming unclaimed property) and 98.396 (Determination of claim) . [Formerly 291.514; 1967 c.454 §65; 1981 c.188 §2; 1993 c.500 §63; 1993 c.694 §32; 2019 c.678 §63]

Source: Section 293.460 — Recourse of owners of unpaid checks , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 291.342 — OR Code / Title 28 / Chapter 291 / Section 291.342
291.342 Annual estimation of state revenues
Status: in_force

(1) By August 15 of each year, but not earlier than 90 days from the end of the regular session of the Legislative Assembly held in that calendar year, the Oregon Department of Administrative Services, with the assistance of the Department of Revenue, shall:

(a) Ascertain by computation and estimate the total amount of revenue available for state purposes for the current fiscal year; and

(b) Apportion the state tax levy on property, if any, among the several counties in the manner provided in ORS 291.445 (Certificate of state agency that issues general obligation bonds) .

(2) In addition to the requirement in subsection (1) of this section, the Oregon Department of Administrative Services with the assistance of the Department of Revenue shall for each calendar quarter of the year ascertain by computation and estimate the total amount of revenue available for state purposes for the current fiscal year, as well as the amount of revenue received quarterly, cumulated throughout the biennium, and report its estimate to the Legislative Revenue Officer and to the Legislative Fiscal Officer.

(3) In carrying out its duties under subsection (2) of this section, the Oregon Department of Administrative Services shall issue quarterly a statement setting forth the methodology and assumptions used in making the revenue estimate. Nothing in this subsection requires the statement to set forth procedures used or methods used to determine either the methodology or the assumptions. [Formerly 309.510; 1971 s.s. c.5 §3; 1975 c.789 §10; 1980 c.11 §1; 2011 c.545 §21; 2012 c.107 §21]

Source: Section 291.342 — Annual estimation of state revenues; apportionment among counties of any state property tax levy necessary to make up deficiency; quarterly estimates , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.316 — OR Code / Title 28 / Chapter 293 / Section 293.316
293.316 Appeal of disputed claim
Status: in_force

Any person aggrieved by the disallowance of a claim for payment of any moneys in the State Treasury, if the claim is subject to disapproval by the Oregon Department of Administrative Services under ORS 293.300 (No claim to be paid if disapproved by department) , or by the state agency that incurred the obligation or made the expenditure on which the claim is based, if the claim is not subject to disapproval by the department under ORS 293.300 (No claim to be paid if disapproved by department) , may appeal the disallowance by the department or agency under ORS 183.482 (Jurisdiction for review of contested cases) . [1967 c.454 §13; 1993 c.500 §60]

Source: Section 293.316 — Appeal of disputed claim , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.260 — OR Code / Title 28 / Chapter 293 / Section 293.260
293.260 Collection of moneys and property due to state
Status: in_force

(1) Except as otherwise specifically provided by law, the Secretary of State shall require all persons who have received any moneys or property belonging to the state and who have not accounted therefor to settle their accounts and to return the moneys or property to the state.

(2) An account of a person who has received any moneys or property belonging to the state, certified by the Secretary of State, shall be received in evidence in any court in this state. [Formerly 291.434; 1967 c.454 §1; 1971 c.604 §5]

Source: Section 293.260 — Collection of moneys and property due to state , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.426 — OR Code / Title 28 / Chapter 292 / Section 292.426
292.426 Tax court judge
Status: in_force

(1) The annual salary of the judge of the Oregon Tax Court shall be $146,048 for the period beginning on January 1, 2019, and ending on June 30, 2020.

(2) On July 1, 2020, the annual salary of the judge of the Oregon Tax Court, as adjusted under ORS 292.428 (Cost of living adjustment for judicial salaries) , shall be increased by $5,000. [2009 c.899 §4; 2013 c.722 §§44,44a; 2016 c.118 §14; 2018 c.98 §22; 2019 c.643 §18]

Note: See note under 292.311 (Governor, Secretary of State, State Treasurer, Attorney General, Commissioner of Bureau of Labor and Industries) .

Source: Section 292.426 — Tax court judge , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 294.605 — OR Code / Title 28 / Chapter 294 / Section 294.605
294.605 Definitions for ORS 294.605 to 294.705
Status: in_force

As used in ORS 294.605 (Definitions for ORS 294.605 to 294.705) to 294.705 (Tax supervising and conservation commission fund) , unless the context otherwise requires:

(1) “Commission” means the tax supervising and conservation commission.

(2) “Commissioner” means a member of the tax supervising and conservation commission.

(3) “Municipal corporations” means the county, and any city, town, port, school district, union high school district, road district, irrigation district, water district, dock commission, and all other public and quasi-public municipal corporations that have power to levy a tax within the county.

(4) “Levying board” means the common council, board of commissioners, board of directors, county court or other managing board of the county, or of any city, town, port, school district, union high school district, road district, irrigation district, water district, dock commission, and of all other public or quasi-public corporations that have power to levy a tax within the county.

(5) “County court” means the county court or board of county commissioners of the county.

(6) “Fiscal year” means the calendar year ending on December 31, or any period of 12 months ending during the calendar year on the last day of any month other than December.

(7) “Assessor” means the county assessor or other officer charged by law with the duty of extending taxes upon the assessment and tax roll.

(8) “Current year” means the present year.

Source: Section 294.605 — Definitions for ORS 294.605 to 294.705 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 293.220 — OR Code / Title 28 / Chapter 293 / Section 293.220
293.220 Interest on transferred moneys or credits
Status: in_force

All moneys or credits transferred under ORS 293.210 (Transfer and retransfer of money and credit among state funds) or 293.214 (Lines of credit for state agency) shall bear interest, until retransferred, at such rate not less than two percent per annum as shall be agreed upon between the State Treasurer and the officer, state department, commission, or board in charge of the borrowing fund. The interest shall be payable from the borrowing fund and shall be credited to and become part of the lending fund. [Formerly 291.408; 2003 c.16 §4]

Source: Section 293.220 — Interest on transferred moneys or credits , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.210 — OR Code / Title 28 / Chapter 292 / Section 292.210
292.210 Definitions for ORS 292.210 to 292.230
Status: in_force

As used in ORS 292.210 (Definitions for ORS 292.210 to 292.230) to 292.230 (Policy on out-of-state travel) , unless the context otherwise requires:

(1) “State agency” has the same meaning as provided in ORS 291.002 (Definitions) .

(2) “State officer” means any elected or appointed state officer, including members of boards and commissions. [Amended by 1953 c.623 §3; 1971 c.153 §1]

Source: Section 292.210 — Definitions for ORS 292.210 to 292.230 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 293.600 — OR Code / Title 28 / Chapter 293 / Section 293.600
293.600 Financial and statistical reports by state agencies
Status: in_force

(1) As used in this section, “state agency” means every state officer, board, commission, department, institution, branch or agency of state government whose costs are paid wholly or in part from funds held in the State Treasury.

(2) The Oregon Department of Administrative Services may require periodic and special financial and statistical reports from all state agencies, upon forms which the department may prescribe, in order to assist the department in performing its fiscal functions. [1967 c.454 §70; 2001 c.71 §2]

Source: Section 293.600 — Financial and statistical reports by state agencies , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 294.915 — OR Code / Title 28 / Chapter 294 / Section 294.915
294.915 Notice of budget committee meeting
Status: in_force

(1) Not less than eight days and not more than 14 days prior to the meeting of the budget committee of the council of governments, notice of the meeting shall be published in a newspaper of general circulation within each county represented by the council of governments. The notice shall contain the purpose, time and place of the meeting and the place where the budget document is available. The notice shall also state that the meeting is a public meeting where deliberations of the budget committee will take place and that any person may discuss proposed programs with the budget committee at that time.

(2) The governing body shall either provide the means of duplicating the budget or part thereof, in those situations where the budget document or portion thereof may be quickly reproduced, or shall provide copies of the budget document or part thereof so that a copy of the budget document or part thereof may be readily obtained by any individual interested in the affairs of the council of governments. [1987 c.666 §4]

Note: See note under 294.900 (“Council of governments” defined) .

Source: Section 294.915 — Notice of budget committee meeting; public availability of documents , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.261 — OR Code / Title 28 / Chapter 291 / Section 291.261
291.261 Reducing allotment to prevent deficit
Status: in_force

(1) Notwithstanding the legislative policy and intent declared in ORS 291.232 (Declaration of policy) , if the Oregon Department of Administrative Services declares at any time during a biennium that there is a projected deficit in that biennium, the department may, with the approval of the Governor and in order to prevent the deficit, reduce the amount allotted to state agencies under ORS 291.234 (Department to make allotments to state officers and agencies of appropriations and funds) to 291.260 (Approving, modifying or disapproving requests and budgets to be submitted to the federal government) from the General Fund in the manner provided in subsection (2) of this section.

(2) Intentionally left blank —Ed.

(a) In reducing allotments under this section, the department and the Governor shall follow legislative funding priorities as expressed in statutes and in the legislatively adopted or approved budget for the biennium. Unless statutes or the legislatively adopted or approved budget indicate otherwise, the department and the Governor shall assume that all General Fund appropriations have the same priority and shall reduce allotments of General Fund moneys for each state agency receiving General Fund moneys by the same percentage.

(b) The department and the Governor may not reduce allotments under this section by a total amount that exceeds the amount necessary to bring the total estimated General Fund ending balance to zero.

(3) For purposes of this section, the department may declare that there is a projected deficit if a quarterly estimate made as provided in ORS 291.342 (Annual estimation of state revenues) indicates that the projected balance in the General Fund at the end of the biennium will be less than zero.

(4) Subsections (1) to (3) of this section do not apply to an allotment, or a portion of an allotment, that is designated by a state agency for the payment of debt service. After an allotment that is designated by a state agency for the payment of debt service is made, the department and the Governor may not reduce the allotment or a portion of the allotment below the amount needed for the payment of debt service in the biennium.

(5) As used in this section:

(a) “Agreement for exchange of interest rates” has the meaning given that term in ORS 286A.001 (Definitions for ORS chapter 286A) .

(b) “Bond” has the meaning given that term in ORS 286A.001 (Definitions for ORS chapter 286A) .

(c) “Credit enhancement device” has the meaning given that term in ORS 286A.001 (Definitions for ORS chapter 286A) .

(d) “Payment of debt service” means:

(A) The payment of principal, interest or other amounts owed under a bond;

(B) The transfer, segregation or other disposition of moneys to comply with bond payment amounts or required reserve amounts; or

(C) The payment of amounts owed under an agreement for exchange of interest rates, a credit enhancement device or a similar instrument. [2003 c.734 §12; 2009 c.1 §2]

Note: 291.261 (Reducing allotment to prevent deficit) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 291 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 291.261 — Reducing allotment to prevent deficit; exception , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 295.097 — OR Code / Title 28 / Chapter 295 / Section 295.097
295.097 State agency agreements with third parties
Status: in_force

With the written approval of the State Treasurer, a state agency may enter into an agreement with a third party under which the third party facilitates the receipt, collection, transfer, disbursement or payment of public funds and temporarily holds or deposits public funds. A state agency may use alternative methods to those set forth in this chapter to secure public funds that are collected, deposited or transferred by a third party, if the methods collateralize the public funds at 100 percent and the State Treasurer approves the methods by rule or policy that sets forth how the methods are intended to protect public funds from loss by the third party and by any financial institution used by the third party. The State Treasurer may establish rules, procedures, standards and related requirements that the State Treasurer considers necessary to implement this section. [2011 c.253 §2; 2019 c.587 §29]

Source: Section 295.097 — State agency agreements with third parties; State Treasurer approval; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 297.740 — OR Code / Title 28 / Chapter 297 / Section 297.740
297.740 Rules of board
Status: in_force

The Oregon Board of Accountancy may adopt rules necessary to exercise its powers and duties provided in ORS 297.405 (Definitions for ORS 297.020, 297.230, 297.405 to 297.740 and 297.990) to 297.555 (Short title) and 297.670 (Board of Accountancy to prepare and maintain roster) to 297.740 (Rules of board) . [Amended by 1981 c.83 §3; 1999 c.322 §35]

Source: Section 297.740 — Rules of board , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 297.010 — OR Code / Title 28 / Chapter 297 / Section 297.010
297.010 Division of Audits
Status: in_force

There is established the Division of Audits to be maintained under the supervision and control of the Secretary of State and operated as one of the divisions of the secretary’s office. The Secretary of State shall assign or appoint a director of the division and such other assistants, accountants, auditors and clerks, upon such terms and for such compensation, as the secretary deems advantageous and necessary to carry out the duties and functions of the division. [1985 c.509 §1]

Source: Section 297.010 — Division of Audits; director and staff , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 297.990 — OR Code / Title 28 / Chapter 297 / Section 297.990
297.990 Penalties
Status: in_force

In addition to all other penalties, any county court, board of county commissioners or managing or executive officers of any municipal corporation, who violate any of the provisions of ORS 297.405 (Definitions for ORS 297.020, 297.230, 297.405 to 297.740 and 297.990) to 297.555 (Short title) or fail to have the audits and examinations required by those sections made, upon such violation or failure shall forfeit to the county or other municipality their salaries and fees due them from the county or other municipality; and it shall be unlawful for any officer of such county or municipality to draw any warrant in favor of the members of such court, or such commissioners, or managing or executive officers of such corporation, in payment of such salaries or fees, or to pay the same in any manner. [Amended by 1977 c.774 §23; 1979 c.286 §13]

Source: Section 297.990 — Penalties , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 294.478 — OR Code / Title 28 / Chapter 294 / Section 294.478
294.478 School or community college district expending federal or state funds in emergency
Status: in_force

(1) Intentionally left blank —Ed.

(a) The board of directors of a school district or the board of education of a community college district may not make an emergency expenditure for specific purposes that is greater than the amount appropriated for the purposes under ORS 294.456 (Governing body to adopt budget, make appropriations, declare and categorize property tax amount or rate) unless the board:

(A) Declares the existence of an emergency necessitating a greater expenditure of public money for one or more of the purposes described in subsection (2) of this section; and

(B) Adopts a resolution appropriating funds for the emergency expenditure.

(b) An emergency expenditure under paragraph (a) of this subsection is allowable to the extent that all funds for the emergency expenditure are:

(A) Advanced or committed to the district by apportionment, grant, contribution or allocation from the United States or an agency of the United States; or

(B) Made available to a common or union high school district by the education service district board from an emergency aid fund established under ORS 334.370 (Emergency aid fund) .

(2) A school district or a community college district may appropriate an emergency expenditure under this section for the specific purposes of providing, maintaining and operating school or college facilities, supplies and personnel for the instruction of the pupils attending the public schools or college in the district during the remainder of the budget year.

(3) For purposes of subsection (1)(b)(A) of this section, a school district or community college district may enter into and carry out a plan of financing sponsored by the United States or an agency of the United States upon terms and conditions and subject to rules and regulations prescribed by the United States or the agency. [Formerly 294.440]

Source: Section 294.478 — School or community college district expending federal or state funds in emergency , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.190 — OR Code / Title 28 / Chapter 291 / Section 291.190
291.190 Short title
Status: in_force

ORS 291.195 (Policy for financial expenditure planning) , 291.201 (“Tax expenditure” defined for ORS 291.201 to 291.222) and 291.203 (Tax expenditure report by Governor) may be cited as the Budget Accountability Act. [1995 c.746 §61]

Note: 291.190 (Short title) and 291.195 (Policy for financial expenditure planning) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 291 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 291.190 — Short title , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.960 — OR Code / Title 28 / Chapter 294 / Section 294.960
294.960 Collection and disposition of amounts due counties
Status: in_force

Pursuant to ORS 293.250 (Collections Unit) , a county may collect any moneys owed to the county pursuant to a judgment obtained under ORS 169.151 (Expenses of keeping prisoners) . The county shall provide to the Department of Revenue the amount owed and the name, Social Security number and address of the person who owes the moneys. [2001 c.641 §1]

Note: 294.960 (Collection and disposition of amounts due counties) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 294 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 294.960 — Collection and disposition of amounts due counties , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.278 — OR Code / Title 28 / Chapter 291 / Section 291.278
291.278 Transfer of allocated amounts
Status: in_force

(1) Upon completion of the determination by the Oregon Department of Administrative Services under ORS 291.274 (Determination of funds and appropriations to be assessed) and 291.276 (Department allocation of governmental service expenses among state agencies) , the department shall:

(a) Transfer to the Legislative Fiscal Office Operating Fund, with appropriate notice to the State Treasurer, out of moneys appropriated to each state agency, the amount of $4,500,000; and

(b) After deducting the amounts specified in paragraph (a) of this subsection, transfer to the General Fund, with appropriate notice to the State Treasurer, out of moneys appropriated to each state agency, the amount of governmental service expenses certified for the agency.

(2) In the case of a state agency that collects or receives moneys for fees, fines, licenses or taxes not by law made a part of the General Fund available for general governmental purposes, if moneys available to such state agency are not sufficient to permit the transfers under subsection (1) of this section, the department shall notify the state agency of the amount certified with respect to the state agency under ORS 291.274 (Determination of funds and appropriations to be assessed) and 291.276 (Department allocation of governmental service expenses among state agencies) , less any amount transferred out of moneys appropriated to such state agency under subsection (1) of this section. Thereafter, until such balance has been paid into the General Fund, 10 percent of all moneys collected or received by the state agency for fees, fines, licenses or taxes not by law made a part of the General Fund available for general governmental purposes shall be:

(a) Transferred by the department to and made a part of the General Fund available for general governmental purposes if such moneys are paid to the State Treasurer by the state agency; or

(b) Paid to the State Treasurer by the state agency receiving such moneys at the time when they are received by the state agency if such moneys are authorized by law to be kept and disbursed other than by and through the State Treasurer, and be credited by the State Treasurer to and made a part of the General Fund available for general governmental purposes.

(3) The transfers and payments to the Legislative Fiscal Office Operating Fund and the General Fund required by this section shall be made notwithstanding any law that appropriates such moneys or any of them to any other purposes, and such portion so paid and transferred is not subject to any special uses thereby provided. [1967 c.637 §5; 2013 c.722 §47; 2015 c.840 §4; 2019 c.643 §20]

Source: Section 291.278 — Transfer of allocated amounts , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 294.950 — OR Code / Title 28 / Chapter 294 / Section 294.950
294.950 County revenue sharing with cities
Status: in_force

(1) Subject to the limitation contained in subsection (3) of this section, a county may give, out of its general fund, moneys that are not otherwise obligated for county purposes to any city situated in whole or in part within the county. Such moneys may be used by the city for general municipal purposes.

(2) Subject to the limitation contained in subsection (3) of this section, a county may share the proceeds of any tax or excise described in section 3a, Article IX of the Oregon Constitution, with any city situated in whole or in part within the county for the purposes stated in that section.

(3) In any fiscal year, moneys given to a city under this section shall not exceed the amount of revenue raised in any manner by the county within the boundaries of that city.

(4) Any sharing of revenues between a county and city under this section is declared to be for a public purpose. [1981 c.335 §2]

Source: Section 294.950 — County revenue sharing with cities , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.046 — OR Code / Title 28 / Chapter 294 / Section 294.046
294.046 List of approved securities for investment under ORS 294.035
Status: in_force

The State Treasurer shall prepare and keep current a list of agencies and instrumentalities of the United States with available obligations that any county, municipality, political subdivision or school district may invest in under ORS 294.035 (Investment of funds of political subdivisions) (3)(a) and 294.040 (Restriction on investments under ORS 294.035) . The list shall be distributed, upon request, to any county, municipality, political subdivision or school district. [1973 c.157 §3; 1975 c.359 §4; 1995 c.245 §4; 2005 c.443 §22]

Source: Section 294.046 — List of approved securities for investment under ORS 294.035; distribution , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.361 — OR Code / Title 28 / Chapter 294 / Section 294.361
294.361 Contents of estimate of budget resources
Status: in_force

(1) Each municipal corporation shall estimate in detail its budget resources for the ensuing year or ensuing budget period by funds and sources.

(2) Budget resources include but are not limited to:

(a) The balance of cash, cash equivalents and investments (in the case of a municipal corporation on the cash basis) or the net working capital (in the case of a municipal corporation on the accrual or modified accrual basis of accounting) that will remain in each fund on the last day of the current year or current budget period;

(b) Taxes;

(c) Fees;

(d) Licenses;

(e) Fines;

(f) Interest on deposits or on securities of any kind;

(g) Endowments;

(h) Annuities;

(i) Penalties;

(j) Sales of property or other assets or products of any kind;

(k) Delinquent taxes;

(L) Judgments;

(m) Damages;

(n) Rent;

(o) Premiums on sales of bonds;

(p) Reimbursement for services, road or other work performed for others;

(q) Transfer or reverter of unused balances of any kind;

(r) Reimbursement for services provided other funds;

(s) Rebates;

(t) Refunds of moneys heretofore paid on any account;

(u) Apportionment, grant, contribution, payment or allocation from the federal government, state government or any other governmental units;

(v) Taxes for the ensuing year or ensuing budget period;

(w) Interfund revenue transfers; and

(x) Revenues from any and all other sources of whatsoever kind or character.

(3) Budget resources do not include:

(a) The estimate for the ensuing year or ensuing budget period of discounts under ORS 311.505 (Due dates) .

(b) The estimate of uncollectible amounts of taxes, fees or charges for the ensuing year or ensuing budget period.

(c) Moneys accumulated under an approved employee deferred compensation plan and interest or investment returns earned on such moneys.

(d) Grants, gifts, bequests or devises transferred to a municipal corporation in trust for specific uses in the year of transfer. However, such grants, gifts, bequests or devises shall be included as budget resources if, by the time the budget committee approves the budget, the amount thereof that will be received in the ensuing year or ensuing budget period can be reasonably estimated. Such grants, gifts, bequests or devises may be placed in a trust and agency fund, to then be appropriated from such fund or funds.

(e) Amounts deducted from taxes pursuant to ORS 294.632 (Commission calculation and report of costs) . [1963 c.576 §10; subsection (4) enacted as 1965 c.604 §11; 1969 c.612 §3; 1977 c.102 §3; 1979 c.310 §4; 1997 c.308 §8; 1999 c.632 §4; 1999 c.1051 §268; 2001 c.135 §7; 2005 c.22 §223; 2009 c.477 §5; 2009 c.596 §9]

Source: Section 294.361 — Contents of estimate of budget resources , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.905 — OR Code / Title 28 / Chapter 294 / Section 294.905
294.905 Budget committee
Status: in_force

(1) A council of governments shall establish a budget committee in accordance with the provisions of this section.

(2) The budget committee shall consist of the members of the governing body of the council of governments and an equal number of representatives of the services provided by the council of governments. If there are fewer representatives of the services than the number of members of the governing body of the council, the governing body and the representatives willing to serve shall be the budget committee. If there are no representatives willing to serve, the governing body shall be the budget committee.

(3) The members of the budget committee shall receive no compensation for their services as members of such committee.

(4) Appointive members of the budget committee shall not be officers, agents or employees of the council of governments or providers of the services.

(5) The appointive members of the budget committee shall be appointed for terms of three years. The terms shall be staggered so that one-third or approximately one-third of the terms of the appointive members end each year.

(6) If any appointive member is unable to serve the term for which the member was appointed, or an appointive member resigns prior to completion of the term for which the member was appointed, the governing body of the council of governments shall fill the vacancy by appointment for the unexpired term.

(7) The budget committee, at its first meeting after its appointment, shall elect a chairperson and a secretary from among its members.

(8) Meetings of the budget committee shall comply with the requirements of ORS 192.610 (Definitions for ORS 192.610 to 192.705) to 192.705 (Filing written grievance) . [1987 c.666 §2]

Note: See note under 294.900 (“Council of governments” defined) .

Source: Section 294.905 — Budget committee; membership; term; vacancies; officers; meetings to be public , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.378 — OR Code / Title 28 / Chapter 294 / Section 294.378
294.378 Certain interest to be included in budget
Status: in_force

In the exercise of the authority granted by ORS 287A.180 (Short-term borrowing by public body) , 328.565 (Power to create indebtedness) and 341.715 (Short-term bonds) , specific provision for interest must be contained in duly adopted budgets. However, reporting of anticipated loan proceeds and related principal repayments within a particular fiscal year or budget period may be accomplished in narrative form or by footnoted schedules to the duly adopted budget and need not be included as a budgetary resource or requirement. Such narrative or footnoted disclosure must indicate that principal repayments are a liability of the applicable fund from which they are made. [Formerly 294.443]

Source: Section 294.378 — Certain interest to be included in budget; method , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 294.930 — OR Code / Title 28 / Chapter 294 / Section 294.930
294.930 Authority of Department of Revenue
Status: in_force

(1) The Department of Revenue shall exercise the same powers and authority with regard to councils of governments and the budgets and budget committees of councils of governments as the department exercises under ORS 294.495 (Department of Revenue to construe Local Budget Law) to 294.510 (Order for revision of budgetary procedures) with regard to municipal corporations.

(2) Each council of governments shall keep for a period of two years following the end of the fiscal year for which the budget was adopted:

(a) A copy of the budget as finally adopted;

(b) Copies of the notices required to be published under ORS 294.915 (Notice of budget committee meeting) and 294.920 (Hearing on budget document) ; and

(c) A copy of the resolution adopting the budget.

(3) If requested by the Department of Revenue, the Division of Audits or a county assessor within the two-year period described in subsection (2) of this section, a council of governments shall send copies of the budget, notices and resolution to the entity making the request. [1987 c.666 §7; 2007 c.198 §1]

Note: See note under 294.900 (“Council of governments” defined) .

Source: Section 294.930 — Authority of Department of Revenue; budget records maintained by council of governments , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 291.215 — OR Code / Title 28 / Chapter 291 / Section 291.215
291.215 Governor’s budget to include amount for deferred maintenance and capital improvements
Status: in_force

(1) Each biennium, the Governor shall propose as part of the Governor’s recommended budget an amount for deferred maintenance and capital improvements on existing state-owned buildings and infrastructure that is equivalent to at least two percent of the current replacement value of the state-owned buildings and infrastructure.

(2) As used in this section, “state-owned buildings and infrastructure” does not include:

(a) Buildings and infrastructure owned by or for the use of a public university listed in ORS 352.002 (Public universities) or a community college as defined in ORS 341.005 (Definitions) ; or

(b) Transportation infrastructure, including roads and bridges. [2017 c.746 §9]

Note: 291.215 (Governor’s budget to include amount for deferred maintenance and capital improvements) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 291 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 291.215 — Governor’s budget to include amount for deferred maintenance and capital improvements , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 293.660 — OR Code / Title 28 / Chapter 293 / Section 293.660
293.660 Determining date of filing or receipt of reports, claims, tax returns or remittances
Status: in_force

(1) Any report, tax return, remittance to cover a payment or claim for credit or refund required by law to be filed with or made to the state or to a state agency, which is:

(a) Transmitted through the United States mail or by private express carrier, shall be deemed filed or received on the date shown by the cancellation mark or other record of transmittal, or on the date it was mailed or deposited for transmittal if proof satisfactory to the state or state agency establishes that the actual mailing or deposit occurred on an earlier date. If filed or received by check or draft through an automated payment processing system, including but not limited to commercial bank lockbox services, the date of filing or receipt shall be deemed to be the fifth day prior to the system processing date.

(b) Lost in transmission through the United States mail or private express carrier, shall be deemed filed and received on the date it was mailed or deposited for transmittal if the sender:

(A) Can establish by competent evidence satisfactory to the state or state agency that the report, tax return, remittance or claim for credit or refund was deposited on the date due for filing in the United States mail or with a private express carrier, and addressed correctly to the state or state agency; and

(B) Files with the state or state agency a duplicate of the lost report, return, remittance or claim within 30 days after written notification is given by the state or state agency of its failure to receive such document or remittance.

(2) As used in subsection (1) of this section, “private express carrier” means a common carrier that transports small parcels in an expedited manner and has one or more of the following characteristics:

(a) Same day pickup and delivery.

(b) Expedited pickup and delivery.

(c) Residential door-to-door pickup and delivery.

(d) Special or unique handling and packaging features designed to meet a special need. [Formerly 291.578; 1993 c.44 §1]

Source: Section 293.660 — Determining date of filing or receipt of reports, claims, tax returns or remittances , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 293.751 — OR Code / Title 28 / Chapter 293 / Section 293.751
293.751 Custody of title instruments
Status: in_force

(1) Except as provided in ORS 293.741 (Council may contract with others to perform investment officer functions) and this subsection, all instruments of title of all investments of the investment funds shall remain in the custody of the investment officer. The investment officer may deposit with one or more custodial agents or banks those instruments of title that the State Treasurer considers advisable, to be held in safekeeping by the agents or banks for collection of the principal and interest or other income, or of the proceeds of sale or maturity. For purposes of this section, instruments of title of investments of the investment funds may include such evidence of title as the investment officer shall consider secure and consistent with modern investment, banking and commercial practices, and may include book entry and automated recordation of such title.

(2) Except as provided in ORS 293.741 (Council may contract with others to perform investment officer functions) and 293.746 (Opinion of bond attorney or Attorney General) (3) and subsections (1) and (3) of this section, the investment officer shall collect the principal and interest or other income of investments of the investment funds, title of which is in the investment officer’s custody, when due and payable, and shall pay the principal and interest or other income, when so collected, into the appropriate fund. Except as otherwise provided by law, interest or other income of investments of funds in the hands of the State Treasurer that are not required to meet current demands shall be paid into the General Fund to be available for the payment of general governmental expenses.

(3) In the event of default in the payment of principal or interest or other income of any investment of the investment funds, the investment officer, with the approval of the Oregon Investment Council, may:

(a) Institute the proper proceedings to collect the matured principal or interest or other income.

(b) Accept for exchange purposes refunding bonds or other evidences of indebtedness at interest rates to be agreed upon by the investment officer and obligor.

(c) Make compromises, adjustments or disposition of the matured principal or interest or other income as the investment officer considers advisable for the purpose of protecting the moneys invested.

(d) Make compromises or adjustments as to future payments of principal or interest or other income as the investment officer considers advisable for the purposes of protecting the moneys invested. [1967 c.335 §12; 1979 c.475 §1; 1981 c.194 §2; 1991 c.88 §3]

Source: Section 293.751 — Custody of title instruments; deposit for safekeeping; form; collection and disposition of principal and interest; default proceedings , https://www.­oregonlegislature.­gov/bills_laws/ors/ors293.­html (accessed May 26, 2025).
ORS § 292.311 — OR Code / Title 28 / Chapter 292 / Section 292.311
292.311 Governor, Secretary of State, State Treasurer, Attorney General, Commissioner of Bureau of Labor and Industries
Status: in_force

The incumbents of each of the following offices shall be paid an annual salary on a monthly basis, as follows:

(1) Governor, $98,600 for the year beginning January 1, 2014, and for each year thereafter. The Governor shall also be paid $1,000 per month regularly for expenses necessarily incurred but not otherwise provided for.

(2) Secretary of State, $77,000 for the year beginning January 1, 2014, and for each year thereafter. The Secretary of State shall also be paid $250 per month regularly for expenses necessarily incurred but not otherwise provided for.

(3) State Treasurer, $77,000 for the year beginning January 1, 2014, and for each year thereafter. The State Treasurer shall also be paid $250 per month regularly for expenses necessarily incurred but not otherwise provided for.

(4) Attorney General, $82,200 for the year beginning January 1, 2014, and for each year thereafter. The Attorney General shall also be paid $250 per month regularly for expenses necessarily incurred but not otherwise provided for.

(5) Commissioner of the Bureau of Labor and Industries, $77,000 for the year beginning January 1, 2014, and for each year thereafter. The commissioner shall also be paid $250 per month regularly for expenses necessarily incurred but not otherwise provided for. [2009 c.899 §5; 2011 c.731 §18; 2013 c.722 §45]

Note: 292.311 (Governor, Secretary of State, State Treasurer, Attorney General, Commissioner of Bureau of Labor and Industries) , 292.406 (Court of Appeals judges) , 292.411 (Supreme Court Chief Justice and judges) , 292.416 (Circuit court judges) and 292.426 (Tax court judge) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 292 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 292.311 — Governor, Secretary of State, State Treasurer, Attorney General, Commissioner of Bureau of Labor and Industries , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 291.232 — OR Code / Title 28 / Chapter 291 / Section 291.232
291.232 Declaration of policy
Status: in_force

(1) It is declared to be the policy and intent of the Legislative Assembly that:

(a) The legislatively adopted or approved budget for a state agency constitutes a determination by the Legislative Assembly of the amount needed by the agency for the biennium to meet the responsibilities imposed on the agency through the budget and through statutes governing the agency; and

(b) Except as provided in subsections (2) and (3) of this section, appropriations from the General Fund to a state agency constitute a direction to the agency to spend the amount of moneys appropriated in order to meet the responsibilities imposed on the agency through the budget and through statutes governing the agency.

(2) If a state agency does not need all of the moneys that are made available to it by the legislatively adopted or approved budget to meet its responsibilities, the agency need not spend all moneys appropriated or otherwise made available to it.

(3) The Governor and the Oregon Department of Administrative Services are given the powers granted by ORS 291.201 (“Tax expenditure” defined for ORS 291.201 to 291.222) to 291.222 (Furnishing information and assistance to Governor-elect) and 291.232 (Declaration of policy) to 291.260 (Approving, modifying or disapproving requests and budgets to be submitted to the federal government) in order that the Governor and the department might effect savings, without reducing the responsibilities imposed on state agencies, by:

(a) Careful supervision throughout each biennium, with due regard to changing conditions; and

(b) Promotion of more economic and efficient management of state agencies. [Amended by 2003 c.734 §11]

Source: Section 291.232 — Declaration of policy , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 291.263 — OR Code / Title 28 / Chapter 291 / Section 291.263
291.263 Vacant positions
Status: in_force

(1) As used in this section, “state agency” includes any state officer, department, board, commission or court, the Legislative Assembly, its committees, officers and employees.

(2) A state agency shall inform the Oregon Department of Administrative Services of any position that has remained vacant for a continuous period of six months by including a report on the position in the estimate submitted to the department under ORS 291.242 (Allotment required before expenditure of appropriation) . The department may consider the vacancy in its determinations under ORS 291.244 (Department action on estimates) and may reduce the amount allotted to the state agency.

(3) The department shall, on or before February 1 of each year, provide a report to the Legislative Fiscal Officer of any position that has remained vacant for a continuous period of at least six months. The department shall include in the report the amount and source of funds for the position. For each position included on a previous report under this subsection, the department shall notify the Legislative Fiscal Officer of conditions that affect the position, including recruitment actions, filling the position or using the position for purposes other than what was anticipated in the legislatively approved budget. The Legislative Fiscal Officer shall review the list and make recommendations on adjustments to agency position authority to the Joint Committee on Ways and Means. [2001 c.858 §1; 2003 c.803 §11; 2017 c.746 §2]

Note: 291.263 (Vacant positions) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 291 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 291.263 — Vacant positions; information to Oregon Department of Administrative Services; report to Legislative Fiscal Officer , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 292.286 — OR Code / Title 28 / Chapter 292 / Section 292.286
292.286 Approval of advance by agency head
Status: in_force

(1) Any officer or employee of a state agency who desires a cash advance for the expenses of travel and subsistence arising out of official duties or employment shall file a written request for the approval of such advance with the administrative head of the state agency by which the officer or employee is employed.

(2) The administrative head of the state agency by which the officer or employee requesting the advance is employed shall forward a copy of the written approval to the official authorized to disburse funds of such agency. The advance shall be paid from funds available to the agency for the payment of claims.

(3) The Oregon Department of Administrative Services shall make rules setting forth procedures for request and disbursal of travel advances provided in ORS 292.286 (Approval of advance by agency head) and 292.288 (State claim on advances) . [1955 c.765 §3; 1971 c.244 §3; 1973 c.158 §2; 1993 c.18 §57; 2005 c.22 §216]

Source: Section 292.286 — Approval of advance by agency head; payment; rules , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 291.220 — OR Code / Title 28 / Chapter 291 / Section 291.220
291.220 Furnishing information and assistance to legislature
Status: in_force

(1) The Governor, upon request, shall furnish the Legislative Assembly any further information required concerning the Governor’s budget and the tax expenditure report.

(2) The Oregon Department of Administrative Services, upon request, shall furnish a representative to assist the Legislative Assembly, the Joint Committee on Ways and Means and the Legislative Revenue Officer in the consideration of the budget, the tax expenditure report and any accompanying measures. [Amended by 1969 c.173 §2; 1975 c.789 §8; 1995 c.746 §70; 2016 c.117 §22]

Source: Section 291.220 — Furnishing information and assistance to legislature , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 292.406 — OR Code / Title 28 / Chapter 292 / Section 292.406
292.406 Court of Appeals judges
Status: in_force

(1) Intentionally left blank —Ed.

(a) The annual salary of the Chief Judge of the Court of Appeals shall be $154,040 for the period beginning on January 1, 2019, and ending on June 30, 2020.

(b) On July 1, 2020, the annual salary of the Chief Judge of the Court of Appeals, as adjusted under ORS 292.428 (Cost of living adjustment for judicial salaries) , shall be increased by $5,000.

(2) Intentionally left blank —Ed.

(a) The annual salary of each other judge of the Court of Appeals shall be $150,980 for the period beginning on January 1, 2019, and ending on June 30, 2020.

(b) On July 1, 2020, the annual salary of each other judge of the Court of Appeals, as adjusted under ORS 292.428 (Cost of living adjustment for judicial salaries) , shall be increased by $5,000. [2009 c.899 §1; 2013 c.722 §§41,41a; 2016 c.118 §11; 2018 c.98 §19; 2019 c.643 §15]

Note: See note under 292.311 (Governor, Secretary of State, State Treasurer, Attorney General, Commissioner of Bureau of Labor and Industries) .

Source: Section 292.406 — Court of Appeals judges , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 292.495 — OR Code / Title 28 / Chapter 292 / Section 292.495
292.495 Compensation and expenses of members of state boards and commissions
Status: in_force

(1) Subject to the availability of funds therefor in the budget of the state board or commission, and except as otherwise provided by law, any member of a state board or commission, other than a member who is employed in full-time public service, who is authorized by law to receive compensation for time spent in performance of official duties, shall receive a payment, in the amount specified in subsection (5) of this section, for each day or portion thereof during which the member is actually engaged in the performance of official duties.

(2) Except as otherwise provided by law, all members of state boards and commissions, including those employed in full-time public service, may receive actual and necessary travel or other expenses actually incurred in the performance of their official duties within the limits provided by law or by the Oregon Department of Administrative Services under ORS 292.210 (Definitions for ORS 292.210 to 292.230) to 292.250 (Reimbursement for use of privately owned motor vehicle on official business) .

(3) As used in subsections (2) and (4) of this section, “other expenses” includes expenses incurred by a member of a state board or commission in employing a substitute to perform duties, including personal, normally performed by the member which the member is unable to perform because of the performance of official duties and which by the nature of such duties cannot be delayed without risk to health or safety. No member shall be reimbursed for expenses incurred in employing a substitute in excess of $25 per day.

(4) Intentionally left blank —Ed.

(a) As used in this subsection, “qualified member” means a member who is not in full-time public service and who had an adjusted gross income in the previous tax year:

(A) Of less than $50,000, as reported on an income tax return other than a joint income tax return; or

(B) Of less than $100,000, as reported on a joint income tax return.

(b) Except as provided in subsection (6) of this section, and notwithstanding any other provision of law, a state board or commission shall provide to a qualified member of the state board or commission, at a minimum:

(A) Compensation, in the amount specified in subsection (5) of this section, for each day or portion thereof during which the member is actually engaged in the performance of official duties; and

(B) Reimbursement of actual and necessary travel or other expenses actually incurred in the performance of a member’s official duties within the limits provided by law or by the Oregon Department of Administrative Services under ORS 292.210 (Definitions for ORS 292.210 to 292.230) to 292.250 (Reimbursement for use of privately owned motor vehicle on official business) .

(5) The compensation to be provided under subsections (1) and (4)(b)(A) of this section is equal to the per diem paid to members of the Legislative Assembly under ORS 171.072 (Salary of members and presiding officers) .

(6) A member of a state board or commission may decline to accept compensation or reimbursement of expenses related to the member’s service on the state board or commission. [1969 c.314 §1; 1973 c.224 §2; 1975 c.441 §1; 1979 c.616 §1; 2021 c.627 §1]

Source: Section 292.495 — Compensation and expenses of members of state boards and commissions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 292.042 — OR Code / Title 28 / Chapter 292 / Section 292.042
292.042 Paying employees by single payment to designated financial institutions
Status: in_force

(1) Notwithstanding the provisions of ORS 292.039 (Paying officers and employees of certain state institutions and agencies) or any other law, any state official authorized to disburse funds in payment of salaries or wages of state officers or employees is authorized, upon written request of state officers or employees to whom salaries and wages are to be paid, and may pay the same to any financial institution designated by the officers or employees for credit to their accounts. A single payment may be issued in favor of such financial institution, for the total amount due the officers or employees involved, and written directions provided to such financial institution of the amount to be credited to the account of each officer or employee.

(2) The issuance and delivery by the disbursing officer of a payment in accordance with the procedure set forth in subsection (1) of this section and proper acceptance thereof by the financial institution shall constitute full acquittance for the amount due to the officer or employee. [1967 c.69 §§2,3; 1969 c.378 §10; 1997 c.631 §443; 1999 c.311 §3; 2001 c.29 §1; 2019 c.587 §37]

Source: Section 292.042 — Paying employees by single payment to designated financial institutions , https://www.­oregonlegislature.­gov/bills_laws/ors/ors292.­html (accessed May 26, 2025).
ORS § 294.398 — OR Code / Title 28 / Chapter 294 / Section 294.398
294.398 Estimate of unappropriated ending fund balance for each fund
Status: in_force

A municipal corporation may include in its budget an estimate of unappropriated ending fund balance for each fund, for use in the fiscal period following that for which the budget is being prepared. The estimate authorized by this section represents cash or net working capital which will be carried over into the year following the ensuing fiscal year or ensuing budget period for which the budget is being prepared. It shall not in any way reduce the cash balance or net working capital which becomes part of the budget resources provided in ORS 294.361 (Contents of estimate of budget resources) (1) to (3). The unappropriated ending fund balance authorized by this section shall become a budget resource at the close of the ensuing fiscal year or ensuing budget period for the succeeding year or budget period. Except as provided in ORS 294.338 (Compliance with Local Budget Law required prior to expenditure or tax certification) (2) and 294.481 (Authorization to receive grants or borrow or expend moneys to respond to public emergency) , no appropriation or expenditure shall be made in the year or budget period for which the budget is applicable for the amount estimated pursuant to this section. [Formerly 294.371]

Source: Section 294.398 — Estimate of unappropriated ending fund balance for each fund , https://www.­oregonlegislature.­gov/bills_laws/ors/ors294.­html (accessed May 26, 2025).
ORS § 297.545 — OR Code / Title 28 / Chapter 297 / Section 297.545
297.545 Disposition of Municipal Audit Law filing fees
Status: in_force

All filing fees received by the Secretary of State under ORS 297.405 (Definitions for ORS 297.020, 297.230, 297.405 to 297.740 and 297.990) to 297.555 (Short title) shall be immediately turned over to the State Treasurer who shall deposit the moneys in the Division of Audits Account created under ORS 297.535 (Division of Audits Account) . [Formerly 297.660; 1979 c.286 §11; 1995 c.144 §5]

Source: Section 297.545 — Disposition of Municipal Audit Law filing fees , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 295.084 — OR Code / Title 28 / Chapter 295 / Section 295.084
295.084 State Treasurer designation of depositories
Status: in_force

In the exercise of the powers and duties conferred under ORS 293.875 (State Treasurer as state banking and cash management officer) , the State Treasurer shall designate those depositories or qualified depositories that may be used by state agencies for collecting drafts, checks, certificates of deposit and coupons in satisfaction of a payment obligation owed to the state agency. [Formerly 295.135; 2010 c.101 §22; 2019 c.587 §26]

Source: Section 295.084 — State Treasurer designation of depositories , https://www.­oregonlegislature.­gov/bills_laws/ors/ors295.­html (accessed May 26, 2025).
ORS § 291.224 — OR Code / Title 28 / Chapter 291 / Section 291.224
291.224 Inclusion of capital construction program in Governor’s budget
Status: in_force

(1) A capital construction program containing estimated capital construction needs, irrespective of how financed, must be included with the Governor’s budget. The capital construction program must contain the estimated physical construction requirements for each biennium of a period to be determined by the Governor, which period may not be less than six years. The Oregon Department of Administrative Services shall assist the Governor in the preparation of the capital construction program.

(2) In accordance with regulations prescribed by the department, state agencies shall submit to the department their anticipated capital construction requirements for the period specified by the Governor. The department shall prescribe the basic assumptions relating to population changes, economic trends and other factors which might generally affect capital construction requirements and these basic assumptions must be used by the state agencies in preparing their anticipated capital construction requirements. Each state agency is responsible for the basic assumptions that affect only its own program. The department shall prepare estimated capital construction requirements for necessary capital construction not covered by the capital construction requirements submitted by the state agencies under this section.

(3) In accordance with regulations prescribed by the department, each state agency shall separately submit its estimated office space requirements for the period specified by the Governor, and the department shall consolidate those needs and make an estimate for all state office buildings to be included in the capital construction program.

(4) The Governor shall consolidate the estimates, review the estimates and make revisions the Governor finds warranted.

(5) The Governor’s budget must include the proposed expenditures for the capital construction program for the ensuing biennium and the proposed expenditures for preliminary planning of the construction projects included in the capital construction program for the biennium following the ensuing biennium. The budget also must include dollar estimates of the cost of the capital construction projects included in the capital construction program for the succeeding years of the period determined by the Governor under subsection (1) of this section.

(6) Each state agency, including the department, required under subsection (2) of this section to submit or prepare anticipated or estimated capital construction requirements, shall submit a copy of the requirements that relate to construction or improvements within the areas described in ORS 276.054 (Declaration of policy concerning capitol area and other areas) to the Capitol Planning Commission at a time specified by the commission, but not later than August 1 of each even-numbered year. The commission shall review the capital construction requirements and, not later than November 1 of each even-numbered year, make recommendations to the department with respect to the requirements.

(7) As used in this section, “capital construction program” does not include:

(a) The acquisition, repair, improvement, enlargement, construction or maintenance of highways and highway bridges by the Department of Transportation;

(b) Park improvements by the State Parks and Recreation Department; or

(c) Road infrastructure work performed under timber sale contracts entered into by the State Forester. [1959 c.500 §1; 1973 c.129 §5; 1989 c.904 §30; 1997 c.285 §4; 2003 c.796 §§15,16; 2005 c.217 §24; 2009 c.896 §11; 2016 c.117 §25]

Source: Section 291.224 — Inclusion of capital construction program in Governor’s budget; furnishing information to Capitol Planning Commission , https://www.­oregonlegislature.­gov/bills_laws/ors/ors291.­html (accessed May 26, 2025).
ORS § 297.730 — OR Code / Title 28 / Chapter 297 / Section 297.730
297.730 Disposition of fees of board
Status: in_force

The fees collected by the Oregon Board of Accountancy under ORS 297.670 (Board of Accountancy to prepare and maintain roster) to 297.740 (Rules of board) shall be turned over to the State Treasurer who shall deposit the moneys in the General Fund to be credited to the Oregon Board of Accountancy for its use in carrying out the provisions of ORS 297.405 (Definitions for ORS 297.020, 297.230, 297.405 to 297.740 and 297.990) to 297.555 (Short title) and 297.670 (Board of Accountancy to prepare and maintain roster) to 297.740 (Rules of board) . [Amended by 1981 c.83 §2]

Source: Section 297.730 — Disposition of fees of board , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).
ORS § 297.110 — OR Code / Title 28 / Chapter 297 / Section 297.110
297.110 Definitions for ORS 297.120
Status: in_force

As used in this section and ORS 297.120 (Division of Audits investigation of state agency loss of public funds or property) :

(1) “Public official” means any person who is serving a state agency as an officer, employee, member, agent or otherwise, regardless of whether the person is compensated for the person’s services.

(2) “State agency” means any state department, division, bureau or other agency or body headed by an elected or appointed state officer or member of a board or commission. [1963 c.617 §1; 1993 c.718 §1; 2007 c.219 §1; 2016 c.117 §53]

Source: Section 297.110 — Definitions for ORS 297.120 , https://www.­oregonlegislature.­gov/bills_laws/ors/ors297.­html (accessed May 26, 2025).