Current through 2024 Regular Session legislation effective June 6, 2024
Section 340.330 - Accelerated College Credit Account(1) The Accelerated College Credit Account is established in the State Treasury, separate and distinct from the General Fund.(2) The Accelerated College Credit Account shall consist of moneys appropriated by the Legislative Assembly to the Department of Education for accelerated college credit programs.(3) Interest earned by the Accelerated College Credit Account shall be credited to the account.(4) Moneys in the Accelerated College Credit Account are continuously appropriated to the Department of Education for the purposes of the programs described in ORS 340.320, 340.323 and 340.326. Unless otherwise specified by the Legislative Assembly, the Department of Education, in collaboration with the Higher Education Coordinating Commission, shall determine for each biennium the amount to be distributed under each program.Amended by 2023 Ch. 495, § 11, eff. 7/31/2023.Amended by 2019 Ch. 204, § 5, eff. 6/4/2019.