Or. Rev. Stat. § 286A.860
Budgeting for Article XI-G bonds
Oregon · Oregon Revised Statutes Chapter 286A — STATE BORROWING · Status: effective
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- Citation
- Or. Rev. Stat. § 286A.860, Budgeting for Article XI-G bonds, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2491738
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Full text
The Higher Education Coordinating Commission shall request that the Governor include in the Governor’s budget request to the Legislative Assembly for each biennium amounts that are sufficient to pay:
(1) The costs of grant contract disbursements during the biennium for any projects to be financed by the issuance of Article XI-G bonds;
(2) The debt service due during the biennium for any Article XI-G bonds that have been or will be issued;
(3) Amounts billed during the biennium by the Oregon Department of Administrative Services, or the commission, under ORS 286A.863 (2); and
(4) Any bond-related costs associated with any Article XI-G bonds.