Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 650 - ENTERPRISE ZONE CREATION AND AMENDMENT
Section 123-650-5300 - Fee Rates to Support Oregon Schools
Current through Register Vol. 63, No. 9, September 1, 2024
(1) A positive determination by the Department of any designation or re-designation of an enterprise zone under ORS 285C.074 depends on setting a rate or rates for support fees with K-12 school districts:
(2) Establishment of the rate or rates in section (1) of this rule must:
(3) Regardless of previous rate-setting with a school district according to this rule or OAR 123-668-4000(2)(b), any re-designation must entail updated documentation even if maintaining the same rate.
(4) The respective rate shall apply exclusively to any agreement entered into between the zone sponsor and a business firm under ORS 285C.160 or 285.403(4) on or after the effective date of designation or re-designation.
(5) This rule does not control or affect any designation under ORS 285C.085, 285C.095, 285C.100, 285C.306 or 285C.353 or any boundary change under ORS 285C.115, notwithstanding the requirement for a school support fee rate in any agreement between the zone sponsor and a business firm under ORS 285C.162 and 285C.405.
Statutory/Other Authority: ORS 285A.075, 285C.060(1) & 285C.067(2)
Statutes/Other Implemented: ORS 285C.067, 285C.074, 285C.160, 285C.403 & OrLaws 2023 ch. 298 §55