Signed by Governor Ted Kulongoski

Vote Smart's Synopsis:

Vote to pass a bill that authorizes the issuance of bonds to fund public-works projects administered by various state agencies.

Highlights:

-Authorizes $91.55 million in certificates of participation and other financing agreements to the Department of Administrative Services (Sec. 1). -Authorizes $49.12 million in revenue bonds to the Department of Administrative Services Lottery Revenue Bonds (Sec. 1). -Authorizes $39.7 million in Article XI-G, Article XI-F(1), and Article XI-J general obligation bonds to be distributed as follows (Sec. 1):

- General fund obligations:
-$9.7 million in Article XI-G bonds to the Department of Community Colleges and Workforce Development; and -$1.94 million in Article XI-G bonds to the Department of Higher Education.
-Dedicated fund obligations:
-$16.02 million in Article XI-F(1) bonds to the State Department of Energy; and -$12 million in Article XI-J bonds to the Department of Higher Education.

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that authorizes the issuance of bonds to fund public-works projects administered by various state agencies.

Highlights:

-Authorizes $91.55 million in certificates of participation and other financing agreements to the Department of Administrative Services (Sec. 1). -Authorizes $49.12 million in revenue bonds to the Department of Administrative Services Lottery Revenue Bonds (Sec. 1). -Authorizes $39.7 million in Article XI-G, Article XI-F(1), and Article XI-J general obligation bonds to be distributed as follows (Sec. 1):

-General fund obligations:
- $9.7 million in Article XI-G bonds to the Department of Community Colleges and Workforce Development; and -$1.94 million in Article XI-G bonds to the Department of Higher Education.
-Dedicated fund obligations:
-$16.02 million in Article XI-F(1) bonds to the State Department of Energy; and -$12 million in Article XI-J bonds to the Department of Higher Education.

Full Bill Text