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---
type: "Bill"
title: "Relating to the financial administration of the Oregon Watershed Enhancement Board; and declaring an emergency."
description: "Limits expenditures of lottery funds from Watershed Conservation Grant Fund for local grant expenditures by Oregon Watershed Enhancement Board for six-year period beginning July 1, 2023."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2023R1"
identifier: "SB 5540"
citation: "Oregon SB 5540 (2023R1)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 5
action_count: 25
vote_count: 3
first_action: "2023-02-02T19:15:57+00:00"
last_action: "2023-08-04T00:14:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/f920126c-4aa1-4581-b6cd-0260c3ab2ab5"
source_url: "https://olis.oregonlegislature.gov/liz/2023R1/Measures/Overview/SB5540"
source_hash: "e721f16eab11ecf649a6fa6fa8c708dbcd1c75514cffe1ecae5d6ac058607726"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-or"]
---
# Oregon SB 5540 (2023R1) — Relating to the financial administration of the Oregon Watershed Enhancement Board; and declaring an emergency.
Limits expenditures of lottery funds from Watershed Conservation Grant Fund for local grant expenditures by Oregon Watershed Enhancement Board for six-year period beginning July 1, 2023.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureDocument/SB5540/Introduced)
2. **Senate Amendments to Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureDocument/SB5540/Senate%20Amendments%20to%20Introduced)
3. **A-Engrossed** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureDocument/SB5540/A-Engrossed)
4. **JWM Amendment -1** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2023R1/Downloads/ProposedAmendment/25386)
5. **Enrolled** (enrolled) — [source](https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureDocument/SB5540/Enrolled)
## Votes
- Third reading. Carried by Pham K. Passed. — **49–1** (pass) · lower
- Heard and Reported Out with Amendments — **42–0** (pass) · legislature
- Third reading. Carried by Anderson. Passed. — **22–0** (pass) · upper
## Timeline
The legislative action history — every referral, reading, and vote.
- **2023-02-02T19:15:57+00:00** Introduction and first reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2023-02-02T20:02:13+00:00** Referred to Ways and Means. `referral-committee`
- **2023-04-12T20:01:00+00:00** Informational Meeting cancelled.
- **2023-04-13T20:01:00+00:00** Public Hearing Cancelled.
- **2023-04-19T20:01:00+00:00** Informational Meeting held.
- **2023-04-20T20:01:00+00:00** Public Hearing held.
- **2023-02-02T20:49:00+00:00** Assigned to Subcommittee On Natural Resources. `referral-committee`
- **2023-06-06T20:03:00+00:00** Returned to Full Committee.
- **2023-06-06T20:02:00+00:00** Work Session held.
- **2023-06-09T16:32:00+00:00** Work Session held.
- **2023-06-12T18:48:17+00:00** Recommendation: Do pass with amendments. (Printed A-Eng.) `committee-passage-favorable`
- **2023-06-15T21:55:03+00:00** Second reading. `reading-2`
- **2023-06-16T19:17:56+00:00** Third reading. Carried by Anderson. Passed. `passage, reading-3`
- **2023-06-20T14:58:10+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2023-06-20T15:48:14+00:00** Referred to Ways and Means. `referral-committee`
- **2023-06-20T20:01:14+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2023-06-20T22:47:36+00:00** Rules suspended. Second reading. `reading-2`
- **2023-06-21T00:15:19+00:00** Rules suspended. Carried over to June 21, 2023 Calendar.
- **2023-06-16T19:18:56+00:00** Vote explanation(s) filed by Hansell.
- **2023-06-21T22:00:29+00:00** Third reading. Carried by Pham K. Passed. `passage, reading-3`
- **2023-06-23T17:11:56+00:00** President signed. `passage`
- **2023-06-23T23:57:27+00:00** Speaker signed. `passage`
- **2023-07-27T22:00:00+00:00** Governor signed. `executive-signature`
- **2023-08-04T00:09:00+00:00** Chapter 486, 2023 Laws.
- **2023-08-04T00:14:00+00:00** Effective date, July 27, 2023.
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f920126c-4aa1-4581-b6cd-0260c3ab2ab5`. Confidence: reported (aggregated from official Oregon legislature records).