2025 Regular Session SB 5506

• At the request of: (at the request of Oregon Department of Administrative Services)
• Bill Title: Relating to state financial administration; declaring an emergency.

Catchline/Summary

Digest: The Act sets a budget for capital construction by the state. (Flesch Readability Score: 72.6).

Limits for the six-year period beginning July 1, 2025, payment of expenses from fees, moneys or other revenues, including Miscellaneous Receipts, but excluding lottery funds and federal funds, collected or received by various state agencies for capital construction.

Limits for the six-year period beginning July 1, 2025, expenditures by specified state agencies from federal funds for specified capital construction projects.

Limits for the six-year period beginning July 1, 2025, payment of expenses from fees, moneys or other revenues, including Miscellaneous Receipts, but excluding lottery funds and federal funds, collected or received by the Higher Education Coordinating Commission for expenditures of bond proceeds for the benefit of public universities and community colleges.

Sets expiration date on project approvals and expenditure limitations.

Declares an emergency, effective July 1, 2025.

• Fiscal Impact: May Have Fiscal Impact, But No Statement Yet Issued
• Revenue Impact: May Have Revenue Impact, But No Statement Yet Issued
• Current Location: In Senate Committee
• Current Committee: Joint Committee On Ways and Means
• Current Subcommittee: Joint Committee On Ways and Means Subcommittee On Capital Construction