Chapter 155 Oregon Laws 2011

AN ACT

SB 56

Relating to charges assessed by the Oregon Business Development Department; creating new provisions; and amending ORS 285A.200.

Be It Enacted by the People of the State of Oregon:

SECTION 1. ORS 285A.200 is amended to read:

285A.200. (1) The Oregon Business Development Department may accept gifts of money or other property from any public or private agency or person made for the purpose of assisting the department to carry out any programs or laws that the department is charged with administering. Moneys so received shall be paid into an appropriate fund or account. Property so received shall be used for the purposes for which that property is given.

(2) The department may apply for, receive from the United States or any of its agencies, and disburse or supervise the disbursement of federal aid for the purposes for which the aid is provided. The department may also disburse or supervise the disbursement of funds provided by the State of Oregon for expenditure as a condition of receiving the federal aid.

[(3) The department may assess and charge fees for loans made from any of its funds or accounts.]

(3) The department may assess and charge fees:

(a) For loans made from any of its funds or accounts; and

(b) For program benefits provided and administrative expenses incurred by the department in the administration of the process developed in accordance with ORS 284.565 to certify sites that are ready for industrial or traded sector development.

SECTION 2. The amendments to ORS 285A.200 by section 1 of this 2011 Act apply to administrative expenses incurred and program benefits provided by the Oregon Business Development Department on or after the effective date of this 2011 Act.

Approved by the Governor May 27, 2011

Filed in the office of Secretary of State May 27, 2011

Effective date January 1, 2012

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