School Capital Matching Fund
- • purposes
Pursuant to section 4, Article XI-P of the Oregon Constitution, the School Capital Matching Fund is established in the State Treasury, separate and distinct from the General Fund. Amounts in the School Capital Matching Fund may be invested as provided in ORS 286A.025 (Issuance and sale of bonds) (2)(g), and interest earned on moneys in the fund must be credited to the fund. The School Capital Matching Fund consists of net proceeds of Article XI-P bonds issued under ORS 286A.796 (Definitions for ORS 286A.796 to 286A.806) to 286A.806 (School Capital Matching Fund), moneys from the repayment of loans by school districts and other moneys made available by the Legislative Assembly for purposes described in ORS 286A.798 (Authority of State Treasurer to issue bonds) (1) and the budget authorization for bond issuance established under ORS 286A.035 (Bond budget authorization) for the Department of Education. Moneys in the fund are continuously appropriated to the Department of Education for the purposes described in ORS 286A.798 (Authority of State Treasurer to issue bonds) (1) and the budget authorization. [2011 c.699 §6; 2013 c.722 §38]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.