(1) The Oregon Brownfield Properties Revitalization Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Oregon Brownfield Properties Revitalization Fund shall be credited to the fund. All moneys in the Oregon Brownfield Properties Revitalization Fund are continuously appropriated to the Oregon Business Development Department for the purposes of ORS § 285A.193 to 285A.198.

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Terms Used In Oregon Statutes 285A.198

  • State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100

(2) The Oregon Brownfield Properties Revitalization Fund shall consist of all moneys credited to the fund, including but not limited to:

(a) Moneys appropriated or transferred to the fund by the Legislative Assembly or the Oregon Business Development Commission;

(b) Forgivable loans repaid under ORS § 285A.196 and interest due on the moneys;

(c) Amounts donated to the fund;

(d) Moneys transferred to the fund from the federal government, state agencies or local governments;

(e) Lottery bond proceeds allocated by the Legislative Assembly for deposit in the fund;

(f) Earnings received on moneys in the fund; and

(g) Other amounts transferred to the fund from any source. [2021 c.529 § 7]

 

(Financial Affairs)