(1) The Zero-Emission Incentive Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Zero-Emission Incentive Fund shall be credited to the fund.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Oregon Statutes 468.449

  • 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) Moneys in the Zero-Emission Incentive Fund shall consist of:

(a) Amounts donated to the fund;

(b) Amounts transferred to the fund by the Department of Revenue under ORS § 320.435;

(c) Amounts appropriated or otherwise transferred to the fund by the Legislative Assembly;

(d) Other amounts deposited in the fund from any public or private source; and

(e) Interest earned by the fund.

(3) The Department of Environmental Quality shall encourage gifts, grants, donations or other contributions to the fund.

(4) Moneys in the fund are continuously appropriated to the department to be used to carry out the provisions of ORS § 468.442 to 468.449.

(5)(a) No more than 10 percent of the moneys deposited in the fund per biennium may be expended to pay administrative expenses incurred in the administration of ORS § 468.442 to 468.449 by:

(A) The department; and

(B) Any third-party organization that the department hires or contracts with under ORS § 468.444 and 468.446.

(b) As used in this subsection, ‘administrative expenses’ does not include expenses incurred by the department or third-party organizations in:

(A) Conducting community outreach under ORS § 468.446 (14); or

(B) Otherwise engaging in efforts to promote transportation electrification through participation in the programs established under ORS § 468.444 and 468.446.

(6) The Environmental Quality Commission may adopt by rule provisions for the allocation of moneys deposited in the fund between the programs established under ORS § 468.444 and 468.446. Rules adopted under this subsection must require that at least 20 percent of the moneys deposited in the fund per biennium are allocated to fund the provision of rebates through the Charge Ahead Oregon Program established under ORS § 468.446. [2017 c.750 § 152; 2021 c.95 § 6]

 

[Formerly 449.840; repealed by 1991 c.920 § 24]

 

[Formerly 468.925; repealed by 2011 c.83 § 24]

 

[1977 c.650 § 3; 1979 c.181 § 1; renumbered 468A.550 in 1991]

 

[Formerly 449.930; 1975 c.559 § 4; 1977 c.650 § 4; 1979 c.181 § 2; repealed by 1991 c.920 § 24]

 

[Formerly 468.930; repealed by 2011 c.83 § 24]

 

[1975 c.559 § 2; repealed by 1991 c.920 § 24]

 

[Formerly 449.933; 1975 c.559 § 5; 1977 c.650 § 5; 1979 c.181 § 3; 1991 c.920 § 19; renumbered 468A.595 in 1991]

 

[Formerly 468.935; 1995 c.746 § 8; repealed by 2011 c.83 § 24]

 

(Zero-Emission Medium and Heavy-Duty Vehicle Rebates)