(1) The revolving fund in the amount of $400,000 established by warrant drawn on any fund belonging to the state highway funds in favor of the Director of Transportation is continued.
(2) The revolving fund shall be deposited with the State Treasurer. The fund shall be at the disposal of the director. The director may designate persons authorized to pay claims from the fund and shall specify the maximum amount of money each designee may draw from the fund. The fund may be used:
(a) To pay salaries, travel expenses, compensation or payments for real property purchased or otherwise acquired, and emergency claims; or
(b) To secure or take advantage of trade discounts and to pay for services, materials and capital outlay.
(3) All vouchers for claims paid from the fund shall be approved by the director and audited by the fiscal officer of the Department of Transportation. When claims are so approved and audited, warrants covering them shall be drawn in favor of the director and shall be used by the director to reimburse the fund. [Amended by 1957 c.9 §1; 1967 c.454 §35; 1969 c.87 §1; 1971 c.598 §6; 1973 c.249 §34; 1979 c.186 §12; 1987 c.265 §1; 1993 c.741 §37]
Note: Sections 1 and 2, chapter 275, Oregon Laws 2015, provide:
Sec. 1. Section 2 of this 2015 Act shall be known and may be cited as the Fritz-Fairchild Act. [2015 c.275 §1]
Sec. 2. (1) As used in this section, interstate highway means every state highway that is part of the National System of Interstate and Defense Highways established pursuant to 23 U.S.C. 103(c).
(2) Before December 31, 2021, the Department of Transportation shall make efforts to complete installation of median barriers between lanes of traffic going in opposite directions on interstate highways in this state when the distance between the lanes is 100 feet or less.
(3) Subsection (2) of this section does not apply:
(a) To segments of the interstate highway that are designated by the department for emergency access; or
(b) When the department determines that installing a median barrier may create a safety or operational hazard to the traveling public. [2015 c.275 §2]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information