(a) An area may not be designated as an enterprise zone after June 30, 2032;
(b) A business firm may not obtain authorization under ORS 285C.140 after June 30, 2032; and
(c) An enterprise zone, except for a reservation enterprise zone or a reservation partnership zone, that is in existence on June 29, 2032, is terminated on June 30, 2032.
(2) Notwithstanding subsection (1) of this section:
(a) A reservation enterprise zone may be designated, and a reservation partnership zone may be cosponsored, under ORS 285C.306 after June 30, 2032; and
(b) A business firm may obtain authorization under ORS 285C.140 after June 30, 2032:
(A) If located in a reservation enterprise zone or a reservation partnership zone; or
(B) As allowed under ORS 285C.245 (6). [2003 c.662 §49; 2007 c.888 §1; 2010 c.76 §22; 2011 c.375 §1; 2023 c.298 §13]
Note: 285C.255 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 285C or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.