71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
 
                            Enrolled
 
                         House Bill 3550
 
Sponsored by Representative G SMITH; Representatives BROWN,
  JENSON, KRUSE, NELSON, Senator FERRIOLI (at the request of
  Oregon Public Ports Association)
 
 
                     CHAPTER ................
 
 
                             AN ACT
 
 
Relating to state navigation improvement projects; amending ORS
  777.267.
 
Be It Enacted by the People of the State of Oregon:
 
  SECTION 1. ORS 777.267 is amended to read:
  777.267. (1) There is established in the State Treasury the
Marine Navigation Improvement Fund. The moneys in the fund are
continuously appropriated to the Economic and Community
Development Department for the   { - purpose - }
 { + purposes + } of { + :
  (a) + } Paying a portion of the costs of dredging activities
that are carried out in the harbors and channels on the Oregon
coast and along the Columbia River when federal law or regulation
requires a portion of the costs of such dredging to be paid by
nonfederal interests { + ; and
  (b) Paying the study and construction costs of other new
navigation improvement projects that directly support a federally
authorized navigation improvement project + }.
  (2) The Marine Navigation Improvement Fund established by this
section shall consist of such moneys as may be appropriated to
the fund by the Legislative Assembly, including interest on such
moneys.
  (3) Eligibility for assistance from the Marine Navigation
Improvement Fund shall be limited to { +  and funded, subject to
the availability of funds, in the following order of priority:
  (a) + } Federally authorized studies and construction of new
navigation improvement projects.
   { +  (b) Other new navigation improvement projects if the
projects directly support or provide access to a federally
authorized navigation improvement project or a federally
authorized navigation channel.
  (4) + } Financial assistance for   { - such - }  construction
costs  { + under subsection (3)(a) of this section + } shall be
limited to those projects that have completed all federally
required studies and have confirmed positive cost-benefit ratios
as required by the National Economic Development Plan.
   { +  (5) Financial assistance for construction costs under
subsection (3)(b) of this section is limited to projects
sponsored by a port, as defined in ORS 777.005 or 778.005, that
meet criteria developed by the department.
 
 
 
Enrolled House Bill 3550 (HB 3550-A)                       Page 1
 
 
 
  (6) Financial assistance for studies of other new construction
projects under subsection (1)(b) of this section is limited to
projects that meet criteria developed by the department. + }
                         ----------
 
 
Passed by House May 15, 2001
 
 
      ...........................................................
                                             Chief Clerk of House
 
      ...........................................................
                                                 Speaker of House
 
Passed by Senate June 8, 2001
 
 
      ...........................................................
                                              President of Senate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Enrolled House Bill 3550 (HB 3550-A)                       Page 2
 
 
 
 
 
Received by Governor:
 
......M.,............., 2001
 
Approved:
 
......M.,............., 2001
 
 
      ...........................................................
                                                         Governor
 
Filed in Office of Secretary of State:
 
......M.,............., 2001
 
 
      ...........................................................
                                               Secretary of State
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Enrolled House Bill 3550 (HB 3550-A)                       Page 3