ORS § 276A.565

Current through 2024 Regular Session legislation
Section 276A.565 - Oregon Cybersecurity Center of Excellence Operating Fund; biennial report
(1) The Oregon Cybersecurity Center of Excellence Operating Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Oregon Cybersecurity Center of Excellence Operating Fund must be credited to the fund.
(2) Moneys in the fund shall consist of:
(a) Amounts donated to the fund;
(b) Amounts appropriated or otherwise transferred to the fund by the Legislative Assembly; and
(c) Other amounts deposited in the fund from any source.
(3) Moneys in the fund are continuously appropriated to the Higher Education Coordinating Commission for distribution to the Oregon Cybersecurity Center of Excellence for the purposes of carrying out the functions and operations of the center.
(4) The center shall submit to the Governor and to the appropriate committees of the Legislative Assembly, in the manner provided under ORS 192.245, a biennial report that summarizes the balance of the fund, lists the deposits into and expenditures from the fund and provides such other details as necessary regarding the operation of the fund.

ORS 276A.565

Added by 2023 Ch. 489, § 8

Sections 11 and 12, chapter 489, Oregon Laws 2023, provide:

Sec. 11. The biennial reports described in sections 8 [276A.565], 9 [276A.570] and 10 [276A.575] of this 2023 Act are first due no later than December 31, 2025. [2023 c. 489, § 11]

Sec. 12. Section 11 of this 2023 Act is repealed on January 2, 2026. [2023 c. 489, § 12]