ORS 276.007
Oregon Department of Administrative Services Operating Fund
- use of excess amounts
(1)
Moneys credited to the Oregon Department of Administrative Services Operating Fund by law are appropriated continuously to the Oregon Department of Administrative Services and may be used to:(a)
Repay investing funds for moneys loaned under ORS 276.009 (Acquisition of state office buildings by installment payments or lease purchase), 276.013 (Acquisition of office buildings), 276.015 (Investment of certain funds) and 276.110 (Definitions for ORS 276.009, 276.013, 276.015 and 276.110 to 276.137) to 276.137 (Title to buildings), and the interest thereon; and(b)
Pay all the expenses associated with operating, maintaining, repairing, equipping and furnishing the buildings and facilities described in ORS 276.004 (Utilization of buildings and grounds other than State Capitol, Supreme Court Building and State Capitol State Park).(2)
For any biennium any moneys collected by the department pursuant to ORS 276.385 (Rentals for buildings other than State Capitol or Supreme Court Building) and 276.412 (Payment of rent by state agencies) as rental payments for depreciation reserves for space in buildings, parking facilities and mall houses specified in ORS 276.004 (Utilization of buildings and grounds other than State Capitol, Supreme Court Building and State Capitol State Park) and any net profit from mall houses shall be transferred from the Oregon Department of Administrative Services Operating Fund to the Capital Projects Fund for any of the purposes enumerated in ORS 276.005 (Capital Projects Fund) (1).(3)
Except as provided in subsection (2) of this section, and except an amount as determined by the department for operating capital for the management of such office space, for any biennium any moneys collected by the department pursuant to ORS 276.385 (Rentals for buildings other than State Capitol or Supreme Court Building) and 276.412 (Payment of rent by state agencies) as rental payments for space in buildings specified in ORS 276.004 (Utilization of buildings and grounds other than State Capitol, Supreme Court Building and State Capitol State Park) that exceed the amounts required by law to be paid out of such moneys with respect to that biennium, shall be used to adjust rental rates in the current or subsequent biennia. [1969 c.706 §12; 1977 c.116 §3; 1977 c.598 §3; 1981 c.106 §2; 1983 c.599 §7; 1993 c.500 §16; 2019 c.278 §12]
Source:
Section 276.007 — Oregon Department of Administrative Services Operating Fund; use of excess amounts, https://www.oregonlegislature.gov/bills_laws/ors/ors276.html
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