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83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
Senate Bill 5542
Printed pursuant to Senate Interim Rule 213.28 by order of the President of the Senate in conformance with pre-
session filing rules, indicating neither advocacy nor opposition on the part of the President (at the request
of Oregon Department of Administrative Services)
SUMMARY
The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject
to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the
measure as introduced.The statement includes a measure digest written in compliance with applicable readability
standards.
Digest: The Act creates an agency budget. (Flesch Readability Score: 73.8).
Limits biennial expenditures for certain purposes from fees, moneys or other revenues, including
Miscellaneous Receipts but excluding lottery funds and federal funds, collected or received by the
StateTreasurer.
Authorizes specified nonlimited expenditures.
Declares an emergency, effective July 1, 2025.
A BILL FOR AN ACT
Relating to the financial administration of the State Treasurer; and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
SECTION 1. Notwithstanding any other law limiting expenditures, the following amounts
are established for the biennium beginning July 1, 2025, as the maximum limits for payment
of expenses from fees, moneys or other revenues, including Miscellaneous Receipts, but ex-
cluding lottery funds and federal funds, collected or received by the State Treasurer, for the
following purposes:
(1)Administrative services............$43,546,107
(2)Trust property services............$11,371,342
(3)Investment services..................$55,793,959
(4)Public savings services.............$12,430,157
(5)State and local government
financial services......................$22,970,901
SECTION 2.For the biennium beginning July 1, 2025, expenditures by the State Treasurer
for trust property audit fees, investment expenses and costs incurred on behalf of estates
are not limited.
SECTION 3.This 2025 Act being necessary for the immediate preservation of the public
peace, health and safety, an emergency is declared to exist, and this 2025 Act takes effect
July 1, 2025.
Note: For budget, see 2025-2027 Biennial Budget
NOTE:Matter in boldfaced type in an amended section is new; matter [italic and bracketed] is existing law to be omitted.
New sections are in boldfaced type.
LC 9542