Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 90 - STRATEGIC RESERVE FUND
Section 123-090-0020 - Funding Eligibility
Current through Register Vol. 63, No. 9, September 1, 2024
The Strategic Reserve Fund may be used to finance economic and community development projects that:
(1) Are reasonably expected to result in new jobs, job retention, or higher incomes for Oregonians;
(2) Provide assistance to businesses that are considering starting in, expanding in, or relocating to Oregon. Assistance will be reserved for projects that result in a significant long-term economic benefit for residents of the county in which the project will be located; or
(3) Serve as a catalyst for additional economic and community development benefits, or that will result in improved utilization of existing Oregon resources.
Stat. Auth.: ORS 285A.075
Stats. Implemented: ORS 285B.266