Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 400 - OREGON CHIPS PROGRAM
Section 123-400-0100 - Oregon CHIPS Fund
Universal Citation: OR Admin Rules 123-400-0100
Current through Register Vol. 63, No. 9, September 1, 2024
In addition to the disbursement of program grants and loan proceeds or other purposes allowable under sections 1 to 6, chapter 25, Oregon Laws 2023, moneys from the Fund may be used, as determined by the Governor or the Department, to pay for:
(1) Administrative costs including but not limited to:
(a) Issuing application materials, as well as
education about the process;
(b)
Processing and reviewing applications;
(c) Drafting and negotiating agreements and
application assistance grants;
(d)
Implementing reporting and compliance procedures, including but not limited to
accounting for and estimating State and Local Revenue;
(e) Managing grant or loan awards from
initiation to closing;
(f)
Conducting enforcement activities for Program noncompliance, including
repayment collection activities; and
(g) Procuring consulting, legal or other
services for conducting the activities described in this section.
(2) Administrative and other costs of the Governor in carrying out section 10, chapter 25, Oregon Laws 2023.
Statutory/Other Authority: ORS 285A.075 & OR Laws 2023 ch. 25 §§1, 6, 8 & 8b
Statutes/Other Implemented: OR Laws 2023 ch. 25 §§1, 6, 8 & 8b
Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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