SB5542 • 2025

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 State Treasurer.

Budget

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Last action: 2025-07-25
Official status: Chapter Number Assigned
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

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 State Treasurer.

Digest: The Act creates an agency budget.

What This Bill Does

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 State Treasurer.
Authorizes specified nonlimited expenditures.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2025-07-25 Senate
Chapter 555, 2025 Laws.
2025-07-25 Senate
Effective date, July 17, 2025.
2025-07-17 Senate
Governor signed.
2025-06-26 House
Speaker signed.
2025-06-25 Senate
President signed.
2025-06-24 House
Third reading. Carried by Tran. Passed. Ayes, 44; Nays, 2--Boshart Davis, Scharf; Excused, 6--Cate, Diehl, Harbick, Nguyen H, Wallan, Yunker; Excused for Business of the House, 8--Evans, Helm, Javadi, Owens, Smith G, Walters, Wright, Speaker Fahey.
2025-06-23 House
Rules suspended. Carried over to June 24, 2025 Calendar.
2025-06-20 House
Rules suspended. Carried over to June 23, 2025 Calendar.
2025-06-19 House
Second reading.
2025-06-18 Senate
Third reading. Carried by Manning Jr. Passed. Ayes, 24; Nays, 5--Bonham, Linthicum, Nash, Robinson, Thatcher; Excused, 1--Gorsek.
2025-06-18 House
First reading. Referred to Speaker's desk.
2025-06-18 House
Referred to Ways and Means.
2025-06-18 House
Recommendation: Do pass.
2025-06-17 Senate
Second reading.
2025-06-16 Senate
Recommendation: Do pass with amendments. (Printed A-Eng.)
2025-06-13 Senate
Work Session held.
2025-06-05 Senate
Work Session held.
2025-06-05 Senate
Returned to Full Committee.
2025-04-03 Senate
Public Hearing held.
2025-04-02 Senate
Informational Meeting held.
2025-01-18 Senate
Assigned to Subcommittee On General Government.
2025-01-17 Senate
Referred to Ways and Means.
2025-01-13 Senate
Introduction and first reading. Referred to President's desk.

Official Summary Text

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 State Treasurer.
Authorizes specified nonlimited expenditures.
Declares an emergency, effective July 1, 2025.
Relating to: Relating to the financial administration of the State Treasurer; and declaring an emergency.
Current location: Chapter Number Assigned

Current Bill Text

Read the full stored bill text

83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
Enrolled
Senate Bill 5542
Printed pursuant to Senate Interim Rule 213.28 by order of the President of the Senate in conform-
ance with presession filing rules, indicating neither advocacy nor opposition on the part of the
President (at the request of Oregon Department of Administrative Services)
CHAPTER .................................................
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 ............ $ 47,007,639
(2) Trust property services ............ $ 13,101,542
(3) Investment services .................. $ 62,200,924
(4) Public savings services ............. $ 12,504,619
(5) State and local government
financial services ...................... $ 22,984,622
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.
Enrolled Senate Bill 5542 (SB 5542-A) Page 1
Passed by Senate June 18, 2025
..................................................................................
Obadiah Rutledge, Secretary of Senate
..................................................................................
Rob Wagner, President of Senate
Passed by House June 24, 2025
..................................................................................
Julie Fahey, Speaker of House
Received by Governor:
........................M.,........................................................., 2025
Approved:
........................M.,........................................................., 2025
..................................................................................
Tina Kotek, Governor
Filed in Office of Secretary of State:
........................M.,........................................................., 2025
..................................................................................
Tobias Read, Secretary of State
Enrolled Senate Bill 5542 (SB 5542-A) Page 2