Current through 2024 Regular Session legislation effective June 6, 2024
Section 350.095 - Budgetary items in funding request; allocation of funds; certification of revenue sufficiency(1) The Higher Education Coordinating Commission is authorized to: (a) Request, as part of the funding request under ORS 350.090, appropriations for budgetary items, including but not limited to education and general operations, statewide public services, state funded debt service, capital improvements, deferred maintenance, special initiatives and investments or any other purpose listed under ORS 350.075 (3)(e);(b) Allocate moneys, from funds appropriated to the commission and other available moneys, to public universities listed in ORS 352.002; and(c) Request, as part of the funding request relating to duties authorized under ORS 660.300 to 660.420, appropriations for budgetary items, including but not limited to workforce development and coordination of the state workforce development system.(2) The commission shall certify to the Legislative Assembly, in any funding request pursuant to subsection (1)(a) of this section for state bonds under Article XI-F(1) of the Oregon Constitution for the benefit of a public university listed in ORS 352.002, its evaluation of the revenue sufficiency, as defined in ORS 286A.830, of the public university that will receive the proceeds of any Article XI-F(1) bonds approved by the Legislative Assembly.Amended by 2019 Ch. 384, § 8, eff. 9/29/2019.Amended by 2017 Ch. 440, § 3, eff. 1/1/2018.