(1) The Natural and Working Lands Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Natural and Working Lands Fund shall be credited to the fund. Moneys in the Natural and Working Lands Fund are continuously appropriated to the Oregon Watershed Enhancement Board for the purpose of transferring moneys to the funds described in subsection (2) of this section as directed by the Oregon Climate Action Commission under ORS § 468A.189.

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Terms Used In Oregon Statutes 468A.187

  • 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 board shall annually transfer moneys in the Natural and Working Lands Fund to the following funds in accordance with ORS § 468A.189:

(a) The Agriculture Natural Climate Solutions Fund established under ORS § 561.157.

(b) The Forestry Natural Climate Solutions Fund established under ORS § 526.127.

(c) The Watershed Natural Climate Solutions Fund established under ORS § 541.936.

(d) The Fish and Wildlife Natural Climate Solutions Fund established under ORS § 496.268. [2023 c.442 § 55]

 

See note under 468A.183.