2011 ORS § 321.746¹
Severance tax revenues

(1) Revenue from the severance tax imposed in western Oregon under ORS 321.726 (Severance tax upon harvest from small tract forestland) shall be paid over by the Department of Revenue to the State Treasurer and deposited in a suspense account established under ORS 293.445 (Definition for ORS 293.445 to 293.460). After the payment of refunds, the balance of the suspense account shall be transferred to the Western Oregon Timber Severance Tax Fund established under ORS 321.751 (Western Oregon Timber Severance Tax Fund).

(2) Revenue from the severance tax imposed in eastern Oregon under ORS 321.726 (Severance tax upon harvest from small tract forestland) shall be paid over by the Department of Revenue to the State Treasurer and deposited in a suspense account established under ORS 293.445 (Definition for ORS 293.445 to 293.460). After the payment of refunds, the balance of the suspense account shall be transferred to the Eastern Oregon Timber Severance Tax Fund established under ORS 321.754 (Eastern Oregon Timber Severance Tax Fund). [2003 c.454 §12]