Section 475B.548 - Duty to report to Legislative Assembly.

OR Rev Stat § 475B.548 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(2) On or before February 1 of each odd-numbered year, the Oregon Liquor Control Commission shall report to the Legislative Assembly in the manner required by ORS 192.245, the approximate amount of marijuana produced by marijuana producers that hold a license issued under ORS 475B.070 and the approximate amount of marijuana items sold by marijuana retailers that hold a license issued under ORS 475B.105, and whether the supply of marijuana in this state is commensurate with the demand for marijuana items in this state. [Formerly 475B.399]

Note: Section 3, chapter 725, Oregon Laws 2017, provides:

Sec. 3. (1) Notwithstanding ORS 221.770, 471.805 and 471.810, for the biennium beginning July 1, 2017, the Oregon Liquor Control Commission may expend moneys from the Oregon Liquor Control Commission Account to pay any expenses incurred by the commission in implementing and carrying out duties under ORS 475B.010 to 475B.395 [series became 475B.010 to 475B.545]. Any expenditure made under this subsection is considered a loan and must be repaid as provided in subsection (2) of this section.

(2) Not later than June 30, 2019, the commission shall transfer from the Marijuana Control and Regulation Fund to the Oregon Liquor Control Commission Account an amount equal to the total amount expended under subsection (1) of this section, plus an amount of simple interest calculated at two percent per annum of the total amount expended. [2017 c.725 §3]