Oregon Code § 317.850·Enacted ·Last updated March 01, 2026
Statute Text
Disposition of revenue.
(1) The net revenue from the tax imposed by this chapter, after deduction of
refunds, shall be paid over to the State Treasurer and held in the General Fund
as miscellaneous receipts available generally to meet any expense or obligation
of the State of Oregon lawfully incurred.
(2) A working
balance of unreceipted revenue from the tax imposed by this chapter may be
retained for the payment of refunds, but such working balance may not at the
close of any fiscal year exceed the sum of $500,000.
(3) Moneys are
continuously appropriated to the Department of Revenue to make:
(a) The refunds
authorized under subsection (2) of this section;
(b) The refund
payments in excess of tax liability authorized under ORS 315.133; and
(c) The refund
payments in excess of tax liability authorized under ORS 315.519. [Formerly
317.590; 2001 c.114 §42; 2022 c.115 §14; 2023 c.298 §10]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 317.850
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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