Title 26A, Economic Development

(1)(a) The Oregon Innovation Council, in consultation with the Oregon Business Development Department, shall determine eligibility for revenue bond financing of proposals for funding under ORS 284.742 pursuant to rules adopted by the council in consultation with the department. (…

(1) The Oregon Innovation Bond Fund is established in the State Treasury, separate and distinct from the General Fund. The net proceeds from the sale of revenue bonds issued under ORS 284.746 must be credited to the Oregon Innovation Bond Fund. Investment earnings received on mon…

(1) The Oregon Innovation Debt Service Fund is established in the State Treasury, separate and distinct from the General Fund. The Oregon Innovation Debt Service Fund consists of: (a) An amount from the moneys deposited in the Oregon Innovation Fund credited to the Oregon Innovat…

(1) The Oregon Innovation Bond Administration Fund is established in the State Treasury, separate and distinct from the General Fund. The Oregon Innovation Bond Administration Fund consists of: (a) The amount of revenue bond proceeds remaining after depositing the net proceeds in…

(1) For the purposes of this section, “Oregon Solutions Network” means the Oregon Solutions Network established pursuant to Executive Order 11-12 dated December 16, 2011, including but not limited to regional advisory committees and regional solutions centers within the network. …

As used in ORS 284.752 to 284.754: (1) “Community and economic development” means development that: (a) Relates to, supports and promotes the policies and objectives of the Regional Solutions Program established under ORS 284.754; (b) Promotes, expands or prevents the decline of …

In awarding grants, loans or incentive funds for projects undertaken in connection with grant, loan or incentive programs, state agencies listed in ORS 284.754 (3)(a)(A) to (E) shall, consistent with the programs’ enabling legislation, rules and regulations, use regional prioriti…

(1) The Regional Solutions Program is established within the office of the Governor, in collaboration with state agencies, consisting of regional solutions centers described in subsection (2) of this section, regional solutions teams described in subsection (3) of this section an…

As used in ORS 284.771 to 284.801, unless the context requires otherwise: (1) “Eastern Oregon Border Economic Development Region” or “region” means that part of the state that: (a) Is within 20 miles of the Oregon border with the State of Idaho, and that includes, but is not limi…

(1) The Eastern Oregon Border Economic Development Board is established to formulate and implement strategies and practices for strategic investment in workforce development and economic development in the Eastern Oregon Border Economic Development Region and to arrange for the a…

The Eastern Oregon Border Economic Development Board has the following duties, functions and powers: (1) To identify policies and strategies that will: (a) Promote workforce development, including development of residential housing necessary to attract and keep employees in the E…

(1) Upon finalizing a proposed agreement with a third-party administrator pursuant to ORS 284.781 (4), the Eastern Oregon Border Economic Development Board shall submit the proposed agreement to the Oregon Business Development Department. (2) The department shall review the propo…

(1) Upon identifying a specific law in accordance with ORS 284.781 (3), the Eastern Oregon Border Economic Development Board: (a) May recommend to the agency, board or commission that imposes or administers the law that the agency, board or commission consider an exception or wai…

(1)(a) Subject to available funds, the third-party administrator shall operate one or more programs to award grants and make loans to eligible applicants to enhance and expand workforce development or economic development in the Eastern Oregon Border Economic Development Region. …

(1) On or before June 30 of each year, the third-party administrator shall submit the following information from the previous 12 months to the Eastern Oregon Border Economic Development Board: (a) The number of businesses or regionally significant industrial sites that were assis…

The Eastern Oregon Border Economic Development Board shall adopt rules to implement and administer the provisions of ORS 284.771 to 284.801 and may consult with the Oregon Business Development Department in the rulemaking process. [2017 c.703 §7; 2020 s.s.1 c.9 §8]

(1) As used in this section: (a) “Civil service position” means any position, regardless of whether it is labeled a “civil service position,” for which a hiring or promotion decision is made or required to be made based on the results of a merit based, competitive process that in…

(1) The Eastern Oregon Border Economic Development Board Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Eastern Oregon Border Economic Development Board Fund shall be credited to the fund. (2) Moneys in the fund are …

As used in ORS 284.881 to 284.890, unless the context requires otherwise: (1) “Business” means a corporation, partnership, proprietorship, firm, enterprise, joint venture, cooperative, franchise, association, organization, self-employed individual, group of individuals, nonprofit…

It is the intent of the Legislative Assembly, in enacting ORS 284.881 to 284.890, to encourage investment in and availability of capital to businesses in this state, including but not limited to traded sector businesses, businesses in the initial and follow-up phases of developme…

(1) The Oregon Growth Board is established to formulate and implement policies and procedures to administer ORS 284.881 to 284.890, and to make recommendations for the investment, reinvestment, management and coordination of funds in the Oregon Growth Account established under OR…

The Oregon Growth Board has the following duties, functions and powers: (1) To maintain, invest and reinvest moneys in the Oregon Growth Fund established under ORS 284.890 consistent with the policies and procedures established by the board and the investment standard stated in O…

(1) The Oregon Growth Board may contract with one or more management companies or state agencies to manage and invest the moneys in the Oregon Growth Account established under ORS 348.702 and the Oregon Growth Fund established under ORS 284.890. For purposes of this subsection, a…

(1) The Oregon Growth Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Oregon Growth Fund shall be credited to the fund. (2) Moneys in the Oregon Growth Fund consist of: (a) Amounts donated to the fund; (b) Moneys tran…

As used in ORS 284.101 to 284.148 and ORS chapters 285A, 285B and 285C, unless the context requires otherwise: (1) “Administrator” means the administrator of the Oregon Infrastructure Finance Authority. (2) “Association” means a nonprofit, private, incorporated or unincorporated …

(1) The Legislative Assembly finds that: (a) Oregon possesses unique and sustaining virtues that will guide and assist in maintaining the state’s economic health, including but not limited to Oregon’s: (A) Special heritage; (B) Respect for and cultivation of the environment; and …

(1) There is established the Oregon Business Development Commission consisting of nine members appointed as follows: (a) One nonvoting member appointed from among the members of the Senate by the President of the Senate; (b) One nonvoting member appointed from among the members o…

(1) As its primary duty, the Oregon Business Development Commission shall develop and maintain the economic development policy and strategy for this state outlined in ORS 285A.020. (2) The commission shall provide oversight and direction to the Oregon Business Development Departm…

(1) The Oregon Business Development Commission shall report biennially to the Governor and the Legislative Assembly on the success of economic development efforts. The report shall include the progress toward achievement of performance measures for the Oregon Business Development…

Prior to the approval of bond financing of economic development projects under ORS 285B.320 to 285B.371 or the making of loans or the granting of any moneys from any source, the Oregon Business Development Commission, or the Oregon Business Development Department as the designee …

(1) To aid and advise the Oregon Business Development Commission in the performance of its duties, the commission may establish such advisory and technical committees as it considers necessary. Such committees may be continuing or temporary. The presiding officer of the commissio…

(1) The Oregon Business Development Department is established. (2) The department shall be under the supervision of the Director of the Oregon Business Development Department, who shall be appointed by and shall hold office at the pleasure of the Governor. (3) The appointment of …

(1) The Oregon Business Development Department shall: (a) Implement programs and adopt rules in accordance with applicable provisions of ORS chapter 183 that are consistent and necessary to carry out the policies established by the Oregon Business Development Commission and the d…

The Director of the Oregon Business Development Department and all unclassified personnel shall receive such salary as may be provided by law or be fixed by the Oregon Business Development Commission. In addition to salaries, the director and all unclassified personnel, subject t…

For the purpose of requesting a state or nationwide criminal records check under ORS 181A.195, the Oregon Business Development Department may require the fingerprints of a person who: (1)(a) Is employed or applying for employment by the department; or (b) Provides services or see…

(1) The Oregon Infrastructure Finance Authority Board is created as a policy-making and advisory body within the Oregon Business Development Department. The board consists of nine members as follows: (a) One nonvoting member appointed from members of the Senate by the President o…

The Oregon Infrastructure Finance Authority Board shall: (1) Serve as a body to advise municipalities, state agencies and private persons on the development and implementation of state policies and programs relating to the infrastructure needs of this state and its communities. (…

(1) The Oregon Infrastructure Finance Authority is established as an administrative section within the Oregon Business Development Department, subject to the supervision of the administrator of the authority and the policies and procedures established by, and recommendations of, …

(1) The Oregon Infrastructure Finance Authority may: (a) Conduct hearings and conferences to develop facts, explain programs and activities, and obtain advice; (b) Enter into agreements with other public bodies, as defined in ORS 174.109, or associations or private persons for se…

(1) The Director of the Oregon Business Development Department, upon consultation with and the approval of the Oregon Infrastructure Finance Authority Board, shall appoint an administrator of the Oregon Infrastructure Finance Authority who shall serve at the pleasure of the direc…

(1) The Oregon Infrastructure Finance Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Oregon Infrastructure Finance Fund shall be credited to the fund. The Oregon Infrastructure Finance Fund consists of all moneys cre…

The Oregon Infrastructure Finance Authority may not direct, supervise or control the policy, programs, personnel or administration of any program or entity unless specifically authorized by statute. [2009 c.830 §6]

The Director of the Oregon Business Development Department, in accordance with ORS chapter 183, may adopt rules for the operation of the Oregon Infrastructure Finance Authority as the director determines necessary or convenient for the authority to perform its duties and function…

(1) The Oregon Business Development Department shall establish regions for the purpose of job development. When establishing the regions, the department shall consider the optimal size for each region that will most effectively facilitate economic development activities in the re…

(1) The Sister State Committee shall be appointed as described in subsection (2) of this section. The committee may consist of not more than 21 members. (2) Membership of the Sister State Committee includes: (a) A cochairperson of the committee who is appointed by the President o…

The Sister State Committee may: (1) Organize activities for and host visiting delegations from the sister states; (2) Organize activities for, visit or participate in delegations visiting sister states and nations in which sister states are located; (3) Provide for the exchange o…

(1) The Oregon-Ireland Sister State Committee is created. (2) The committee consists of nine members appointed as follows: (a) The President of the Senate shall appoint one nonvoting member from among members of the Senate. (b) The Speaker of the House of Representatives shall ap…

(1) The Oregon-Ireland Sister State Committee established under ORS 285A.146: (a) Organize activities for and host visiting delegations from Ireland; (b) Organize activities for and participate in delegations visiting Ireland; (c) Provide for the exchange of information between t…

(1) The Oregon-China Sister State Committee is created consisting of the following members: (a) The President of the Senate as an ex officio member and cochairperson of the committee; (b) The Speaker of the House of Representatives as an ex officio member and cochairperson of the…

(1) The Oregon-China Sister State Committee established under ORS 285A.148 may: (a) Organize activities for and host visiting delegations from provinces of the People’s Republic of China; (b) Organize activities for and participate in delegations visiting provinces in China; (c) …