Oregon Revised Statutes Chapter 307 § 307.241 — to 307.248
Oregon Revised Statutes Chapter 307 ·
Oregon Code § 307.241·Enacted ·Last updated March 01, 2026
Statute Text
to 307.248.
(2) Of the total
amount transferred to the suspense account referred to in subsection (1) of
this section for the biennium, the department shall allocate a portion to each
fiscal year. The allocation shall be the departments best estimate of the most
efficient use of the moneys in the suspense account so as to minimize any
reductions in the payments required under ORS 307.244 for each fiscal year.
(3) On or before
November 1 of each fiscal year of each biennium, the department shall determine
the amount of money needed to make the payments under ORS 307.244 for that
fiscal year. If the sum of the obligations is greater than the amounts credited
to the suspense account referred to in subsection (1) of this section and
allocated to that fiscal year for those obligations under subsection (2) of
this section, the payments required under ORS 307.244 shall be proportionally
reduced so that the state does not accrue a debt in excess of the amount
credited. A claim for payment may not accrue to a county under ORS 307.244 in
excess of the amount determined under this subsection.
(4) If the amount
allocated to the first fiscal year of a biennium under subsection (2) of this
section exceeds the amount of actual payments made under ORS 307.244, the
excess amount shall be available for payments under ORS 307.244 in the second
fiscal year of the biennium. [Formerly 310.692]
(Veterans and Their
Surviving Spouses)
Plain English Explanation
This Oregon statute addresses to 307.248. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 307.241
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses to 307.248. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 307.241. Use this format in legal documents and court filings.
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