Relating to state financial administration; and declaring an emergency.

From the Legislature

The Act changes law relating to borrowing by the state for certain projects. (Flesch Readability Score: 63.4). [Digest: The Act changes lottery bonds from prior sessions. (Flesch Readability Score: 61.2).] Modifies amounts authorized for issuance of debt instruments for the biennium. Authorizes issuance of bonds and certificates of participation for Moda Center capital improvement in the current biennium and subsequent biennium, subject to certain conditions. Modifies previously approved lottery bonding provisions. Authorizes issuance of various lottery bonds. Provides that the Oregon State University Cascades Student Health and Recreation Center project is subject to certain requirements related to apprenticeship, outreach and benefits. Declares an emergency, effective on passage.