Oregon Statutes

§ 293.540 — Health Care Trust Fund; sources; uses; investment

Oregon § 293.540
JurisdictionOregon
Vol.7
Title 28Public Financial Administration
Ch. 293Administration of Public Funds

This text of Oregon § 293.540 (Health Care Trust Fund; sources; uses; investment) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Or. Rev. Stat. § 293.540 (2026).

Text

(1)There is established in the State Treasury, separate and distinct from the General Fund, the Health Care Trust Fund. The Health Care Trust Fund shall consist of moneys, in amounts directed by the Legislative Assembly, paid to this state by United States tobacco products manufacturers under the Master Settlement Agreement of 1998.
(2)All earnings on moneys in the Health Care Trust Fund are continuously appropriated to the Oregon Department of Administrative Services and shall be expended only for the purpose of financing health programs.
(3)Moneys in the Health Care Trust Fund shall be invested as provided in ORS 293.701 to 293.790 and the earnings from such investments shall be credited to the fund. Earnings shall be distributed annually or as directed by the Director of the Oregon D

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Related

§ 293.701
Oregon § 293.701

Legislative History

2001 c.986 §§1,2,3

Nearby Sections

15
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Bluebook (online)
Oregon § 293.540, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/293.540.