Oregon Law
Law as of Jan 1, 2026
Chapter contents
284.010[1987 c.115 §2; 1991 c.11 §6; 1991 c.705 §1; renumbered 285.630 in 1991] 284.015[1987 c.115 §3; 1991 c.705 §2; renumbered 285.633 in 1991] 284.020[1987 c.115 §4; 1991 c.705 §3; 1991 c.878 §4; renumbered 285.635 in 1991] 284.025[1987 c.115 §5; 1991 c.705 §4; renumbered 285.637 in 1991] 284.030[1987 c.115 §6; 1989 c.547 §3; 1991 c.705 §5; renumbered 285.640 in 1991] 284.035[1987 c.115 §7; 1991 c.705 §6; renumbered 285.643 in 1991] 284.040[1987 c.115 §8; 1991 c.705 §7; renumbered 285.645 in 1991] 284.045[1987 c.115 §9; renumbered 285.647 in 1991] 284.050[1987 c.506 §24; 1989 c.966 §16; 1991 c.705 §8; renumbered 285.650 in 1991] 284.055[1987 c.506 §25; 1989 c.638 §§1,2; 1989 c.966 §17; 1991 c.461 §93; 1991 c.878 §5; renumbered 285.653 in 1991] 284.060[1987 c.115 §1; renumbered 285.655 in 1991] 284.075[1987 c.677 §2; renumbered 285.263 in 1991] 284.080[1987 c.677 §3; renumbered 285.265 in 1991] 284.085[1987 c.677 §§4,7; 1989 c.908 §59; renumbered 285.267 in 1991] 284.090[1987 c.677 §5; renumbered 285.270 in 1991] 284.095[1987 c.677 §8; renumbered 285.273 in 1991] 284.100[1987 c.677 §1; renumbered 285.275 in 1991] 284.101Definitions for ORS 284.101 to 284.148 284.104Legislative findings 284.107Oregon Tourism Commission; qualifications; confirmation; term; compensation and expenses; officers; quorum 284.110[1985 c.807 §3; 1987 c.769 §1; repealed by 1989 c.1015 §24] 284.111Duties of commission; marketing plan; rules 284.114Review of marketing plan 284.115[1989 c.1015 §2; renumbered 285.570 in 1991] 284.118Commission exempt from certain financial administration laws; contracts with state agencies for services; personnel policies and contracting and purchasing procedures 284.120[1985 c.807 §13c; 1987 c.769 §2; repealed by 1989 c.1015 §24] 284.122Authority of commission 284.125[1989 c.1015 §3; renumbered 285.573 in 1991] 284.126Budget; financial records and statements 284.130[1985 c.807 §2; repealed by 1989 c.1015 §24] 284.131Commission account; disposition of moneys; exemption from expenditure limitations 284.134Financial review by Secretary of State 284.135[1989 c.1015 §4; repealed by 1991 c.11 §19] 284.138Matching grant program; purposes; amount 284.140[1985 c.807 §4; repealed by 1989 c.1015 §24] 284.142Executive director 284.145[1989 c.1015 §5; renumbered 285.575 in 1991] 284.146Maintenance of tourist information centers 284.148Annual report to Legislative Fiscal Officer regarding transient lodging tax funds 284.150[1985 c.807 §5; 1987 c.769 §3; repealed by 1989 c.1015 §24] 284.155[1989 c.1015 §6; renumbered 285.577 in 1991] 284.160[1985 c.807 §6; 1987 c.769 §4; repealed by 1989 c.1015 §24] 284.165[1989 c.1015 §7; renumbered 285.580 in 1991] 284.170[1985 c.807 §7; repealed by 1989 c.1015 §24] 284.175[1989 c.1015 §8; renumbered 285.583 in 1991] 284.180[1985 c.807 §8; 1987 c.769 §5; 1989 c.171 §37; repealed by 1989 c.1015 §24] 284.185[1989 c.1015 §9; renumbered 285.585 in 1991] 284.190[1985 c.807 §15; repealed by 1989 c.1015 §24] 284.195[1989 c.1015 §10; renumbered 285.587 in 1991] 284.200[1985 c.807 §9; repealed by 1989 c.1015 §24] 284.205[1989 c.1015 §11; 1991 c.11 §7; renumbered 285.590 in 1991] 284.210[1985 c.807 §§13,14; 1987 c.769 §§6,16; repealed by 1989 c.1015 §24] 284.215[1989 c.1015 §12; 1991 c.11 §8; renumbered 285.593 in 1991] 284.220[1985 c.807 §§10,11; 1987 c.769 §7; 1989 c.224 §48; repealed by 1989 c.1015 §24] 284.225[1989 c.1015 §13; 1991 c.11 §9; renumbered 285.595 in 1991] 284.230[1985 c.807 §12; 1987 c.769 §8; repealed by 1989 c.1015 §24] 284.235[1989 c.1015 §14; 1991 c.459 §1; renumbered 285.597 in 1991] 284.240[1985 c.807 §13a; 1987 c.769 §9; repealed by 1989 c.1015 §24] 284.245[1989 c.1015 §15; 1991 c.415 §1; renumbered 285.600 in 1991] 284.250[1985 c.807 §13b; 1987 c.769 §10; repealed by 1989 c.1015 §24] 284.254[1989 c.1015 §16; renumbered 285.603 in 1991] 284.255[1987 c.769 §§12,13; 1989 c.908 §60; repealed by 1989 c.1015 §24] 284.259[1989 c.1015 §17; renumbered 285.605 in 1991] 284.260[1985 c.807 §1; repealed by 1989 c.1015 §24] 284.263[1989 c.1015 §18; 1991 c.459 §2; renumbered 285.607 in 1991] 284.265[1989 c.1015 §18a; 1991 c.11 §10; renumbered 285.610 in 1991] 284.270[1989 c.1015 §19; 1991 c.11 §11; renumbered 285.613 in 1991] 284.275[1989 c.1015 §20; 1991 c.11 §12; 1991 c.459 §3; renumbered 285.615 in 1991] 284.280[1989 c.1051 §21; 1991 c.11 §13; 1991 c.415 §2; 1991 c.459 §4; renumbered 285.617 in 1991] 284.285[1989 c.1015 §1; renumbered 285.620 in 1991] 284.290[2015 c.682 §1; 2017 c.185 §1; repealed by 2017 c.297 §43] 284.292[2015 c.682 §2; repealed by 2017 c.297 §43] 284.294[2015 c.682 §3; 2017 c.185 §2; repealed by 2017 c.297 §43] 284.297[2015 c.682 §4; repealed by 2017 c.297 §43] 284.300Definitions for ORS 284.300 to 284.375 284.305Oregon Film and Video Office; status; continuing state obligation to support office 284.310[1985 c.776 §2; 1987 c.757 §1; 1989 c.537 §1; 1989 c.547 §4; 1989 c.833 §79; 1991 c.11 §14; 1991 c.687 §1; renumbered 285.700 in 1991] 284.315Film and Video Board; appointment; qualifications; term; meetings; compensation 284.320[1985 c.776 §1; 1987 c.757 §2; renumbered 285.703 in 1991] 284.325Director; appointment; powers 284.330[1985 c.776 §2a; 1987 c.757 §3; renumbered 285.705 in 1991] 284.335Duties of director; contracts; prior approval by board for certain actions; biennial report; rules 284.340[1985 c.776 §4; 1987 c.757 §4; 1991 c.878 §6; renumbered 285.707 in 1991] 284.345Duties of office 284.350[1985 c.776 §2b; repealed by 1987 c.757 §16] 284.355Powers of office; fees 284.360[1985 c.776 §5; 1987 c.168 §7; renumbered 285.710 in 1991] 284.365Deposit of office moneys in depository account; investment of moneys; payment of expenses; biennial budget; public hearing; expenditures exempt from state expenditure limitations; accounting requirements 284.367Oregon Production Investment Fund; source of moneys in fund; uses of moneys 284.368Reimbursement from fund; maximum amounts allowable; additional payment; verification of eligible expenses; rules 284.369Marketing 284.370[1985 c.776 §6; 1987 c.168 §8; renumbered 285.713 in 1991] 284.371Creative Opportunity Program; rules; eligible projects 284.372Diversity, equity and inclusion policy 284.375Applicability of other laws 284.380[1985 c.776 §7; 1987 c.757 §5; renumbered 285.715 in 1991] 284.390[1985 c.776 §§8,9; 1987 c.757 §6; renumbered 285.717 in 1991] 284.400[1985 c.776 §14; 1987 c.757 §7; renumbered 285.720 in 1991] 284.410[1985 c.776 §12; 1987 c.757 §8; renumbered 285.723 in 1991] 284.415[1987 c.757 §18; renumbered 285.725 in 1991] 284.420[1985 c.776 §10; 1987 c.757 §9; renumbered 285.727 in 1991] 284.425[1987 c.757 §18a; renumbered 285.730 in 1991] 284.428[1987 c.757 §19; repealed by 1991 c.902 §121] 284.430[1985 c.776 §22; 1987 c.506 §26; renumbered 461.710 in 1987] 284.440[1985 c.776 §3; 1987 c.757 §§10,22; 1989 c.966 §18; 1991 c.687 §2; renumbered 285.733 in 1991] 284.445[1987 c.757 §20; renumbered 285.735 in 1991] 284.450[1985 c.776 §11; repealed by 1987 c.757 §16] 284.455[1987 c.757 §23; 1991 c.944 §2; renumbered 285.737 in 1991] 284.460[1985 c.776 §13; repealed by 1987 c.757 §16] 284.470[1985 c.776 §15; repealed by 1987 c.757 §16] 284.480[1985 c.776 §16; repealed by 1987 c.757 §16] 284.490[1985 c.776 §17; 1987 c.757 §11; 1991 c.687 §3; 1991 c.944 §3; renumbered 285.740 in 1991] 284.500[1985 c.776 §18; 1987 c.757 §12; renumbered 285.743 in 1991] 284.510[1985 c.776 §19; 1987 c.757 §13; renumbered 285.745 in 1991] 284.520[1985 c.776 §20; 1987 c.757 §14; renumbered 285.747 in 1991] 284.530[1985 c.776 §21; 1987 c.757 §15; renumbered 285.750 in 1991] 284.535[1989 c.909 §48; renumbered 285.753 in 1991] 284.540[2003 c.800 §3; 2005 c.748 §24; 2007 c.804 §84; 2013 c.230 §3; 2013 c.747 §205; 2013 c.768 §176; repealed by 2017 c.532 §9] 284.545Legislative findings 284.550Definition of “traded sector.” 284.555Economic Revitalization Team; regulatory efficiency group; membership; purpose; reports 284.560Duties of team 284.565Development of process for certifying sites ready for industrial or traded sector development 284.570Development of state economic development strategy; advisory committee; rules; focus of strategy 284.575Duties of Department of Transportation related to state economic development strategy 284.577State and local cooperation to provide industrial, commercial and retail development sites; implementation of state economic development strategy; rules 284.580Role of local governments in implementation of state economic development strategy 284.585Assistance to local governments; site assessment methodology 284.590Legislative findings 284.592Definitions for ORS 284.590 to 284.597 284.594Pacific Northwest Manufacturing Partnership Advisory Committee; duties 284.597Regional collaboration regarding manufacturing economic development; proposals for federal funds; authority to enter into agreements 284.600[Formerly 285A.150; repealed by 2017 c.532 §16] 284.604[Formerly 285A.153; repealed by 2017 c.532 §16] 284.608[Formerly 285A.156; repealed by 2017 c.532 §16] 284.610[1985 c.814 §3; 1987 c.837 §3; 1991 c.488 §1; 1993 c.210 §1; 1999 c.274 §3; repealed by 2001 c.922 §35] 284.612[Formerly 285A.159; 2009 c.885 §20; repealed by 2017 c.532 §16] 284.615[Formerly 285A.162; repealed by 2017 c.532 §16] 284.618[Formerly 285A.165; repealed by 2017 c.532 §16] 284.620[1985 c.814 §1; 1991 c.488 §2; 1993 c.210 §2; repealed by 1999 c.274 §22] 284.622[Formerly 285A.168; repealed by 2017 c.532 §16] 284.625[Formerly 285A.170; repealed by 2017 c.532 §16] 284.628[Formerly 285A.174; repealed by 2017 c.532 §16] 284.630[1985 c.814 §4; 1987 c.94 §101; 1987 c.837 §10; 1987 c.879 §12; 1993 c.210 §3; 1997 c.802 §15; 1999 c.274 §4; repealed by 2001 c.922 §35] 284.631[2009 c.885 §18; repealed by 2017 c.532 §16] 284.633[2009 c.885 §19; 2011 c.637 §91; repealed by 2017 c.532 §16] 284.635[2009 c.885 §21; repealed by 2017 c.532 §16] 284.640[1985 c.814 §2; 1987 c.837 §4; 1991 c.488 §3; 1993 c.210 §4; 1999 c.274 §5; repealed by 2001 c.922 §35] 284.650[1985 c.814 §6; 1987 c.837 §5; 1989 c.908 §61; 1993 c.210 §§5,6; 1999 c.274 §6; repealed by 2001 c.922 §35] 284.655[1999 c.274 §2; repealed by 2001 c.922 §35] 284.660[1985 c.814 §6a; 1993 c.210 §8; repealed by 1999 c.274 §22] 284.665[1999 c.274 §9; repealed by 2001 c.922 §35] 284.670[1985 c.814 §5; 1987 c.837 §6; 1989 c.908 §62; 1993 c.210 §§9,10; repealed by 1999 c.274 §22] 284.675[1999 c.274 §10; repealed by 2001 c.922 §35] 284.680[1985 c.814 §8; 1987 c.837 §7; 1989 c.259 §1; 1991 c.488 §4; 1993 c.210 §12; repealed by 1999 c.274 §22] 284.690[1985 c.814 §9; 1987 c.837 §8; 1991 c.488 §5; 1993 c.210 §13; repealed by 1999 c.274 §22] 284.695[1989 c.1090 §4; 1993 c.210 §14; repealed by 1999 c.274 §22] 284.700[1985 c.814 §10; 1991 c.488 §6; 1993 c.210 §15; repealed by 1999 c.274 §22] 284.701Definitions for ORS 284.701 to 284.749 284.705[1987 c.837 §§2,12; 1991 c.488 §7; 1993 c.210 §16; 1999 c.274 §7; repealed by 2001 c.922 §35] 284.706Oregon Innovation Council; members; powers and duties; compensation and expenses 284.710[1985 c.814 §11; 1991 c.488 §8; 1993 c.210 §17; repealed by 1999 c.274 §22] 284.711Duty to advise; distribution of moneys; fees 284.715State plan for innovation and economic competitiveness 284.720Oregon Innovation Fund 284.725[2005 c.748 §8; 2009 c.805 §4; 2011 c.610 §6; repealed by 2019 c.131 §8] 284.730[2005 c.748 §10; repealed by 2019 c.131 §8] 284.735[2005 c.748 §9; 2011 c.610 §7; 2015 c.767 §87; repealed by 2019 c.131 §8] 284.740Oregon Innovation Council signature research centers 284.742Grants, loans and equity investments for innovation-based economic development; contracts to manage equity investments; fees; rules 284.745Definitions for ORS 284.745 to 284.749 284.746Revenue bonds for financing innovation-based economic development; issuance; use of proceeds; nature of revenue bonds; bondholders’ liens; statute as contract with bondholders; powers of council 284.747Oregon Innovation Bond Fund 284.748Oregon Innovation Debt Service Fund 284.749Oregon Innovation Bond Administration Fund 284.750[1987 c.911 §3; 1993 c.744 §14; 1997 c.631 §433; repealed by 2005 c.80 §7] 284.751Regional collaboration among universities and Oregon Solutions Network; authority to contract; rules 284.752Definitions for ORS 284.752 to 284.754 284.753Grant, loan and incentive programs; state agencies to apply regional priorities in project funding decisions; factors to consider 284.754Regional Solutions Program; centers; teams; advisory committees; duties and responsibilities 284.755[1987 c.911 §§1,2; 1989 c.501 §1; 1997 c.631 §434; repealed by 2005 c.80 §7] 284.760[1987 c.911 §4; 1997 c.631 §435; repealed by 2005 c.80 §7] 284.765[1987 c.911 §5; 1997 c.631 §436; repealed by 2005 c.80 §7] 284.770[1987 c.911 §6; repealed by 2005 c.80 §7] 284.771Definitions 284.775[1987 c.911 §9; repealed by 2005 c.80 §7] 284.776Eastern Oregon Border Economic Development Board; members; quorum; meetings; advisory and technical committees; staffing 284.780[1987 c.911 §10; 1997 c.631 §437; repealed by 2005 c.80 §7] 284.781Duties, functions and powers; rules 284.783Agreement with third-party administrator 284.785[1987 c.911 §11; repealed by 2005 c.80 §7] 284.786Identification of laws that place region’s development efforts at disadvantage 284.790[1987 c.911 §12; 1993 c.18 §49; 1997 c.631 §438; repealed by 2005 c.80 §7] 284.791Grant and loan programs to expand development; eligibility; applications; rules; fees; moneys to be retained for programs 284.793Annual submission of program information by third-party administrator; board report to legislature 284.795[1987 c.911 §13; repealed by 2005 c.80 §7] 284.796Rulemaking 284.797Residency preference for civil service positions in region 284.800[Formerly 447.800; 1991 c.11 §15; renumbered 285.253 in 1991] 284.801Eastern Oregon Border Economic Development Board Fund 284.805[Formerly 447.805; renumbered 285.255 in 1991] 284.810[Formerly 447.810; renumbered 285.257 in 1991] 284.815[Formerly 447.815; 1991 c.11 §16; renumbered 285.260 in 1991] 284.820[Formerly 447.820; repealed by 1991 c.11 §19] 284.825[Formerly 447.825; repealed by 1991 c.11 §19] 284.831[Formerly 447.831; repealed by 1991 c.11 §19] 284.834[Formerly 447.834; repealed by 1991 c.11 §19] 284.835[Formerly 447.835; repealed by 1991 c.11 §19] 284.840[Formerly 447.840; repealed by 1991 c.11 §19] 284.845[Formerly 447.845; repealed by 1991 c.11 §19] 284.850[Formerly 447.850; repealed by 1991 c.11 §19] 284.855[Formerly 447.855; repealed by 1991 c.11 §19] 284.860[Formerly 447.860; repealed by 1991 c.11 §19] 284.865[Formerly 447.865; repealed by 1991 c.11 §19] 284.875[Formerly 447.875; repealed by 1991 c.11 §19] 284.880[Formerly 447.880; repealed by 1991 c.11 §19] 284.881Definitions for ORS 284.881 to 284.890 284.882Legislative intent 284.883Oregon Growth Board; members; staff 284.885Duties, functions and powers; rules; recommendations to Legislative Assembly; annual report 284.887Authority to contract with management companies or state agencies to manage and invest moneys; standards and requirements; rules 284.890Oregon Growth Fund; sources; uses 284.895[Formerly 182.815; renumbered 285.250 in 1991]

Chapter 284 — Organizations for Economic Development

ORS 284.747 Oregon Innovation Bond Fund

(1)

The Oregon Innovation Bond Fund is established in the State Treasury, separate and distinct from the General Fund. The net proceeds from the sale of revenue bonds issued under ORS 284.746 must be credited to the Oregon Innovation Bond Fund. Investment earnings received on moneys in the fund must be credited to the fund.

(2)

Moneys in the fund are continuously appropriated to the Oregon Innovation Council for the purpose of making grants, loans and equity investments under ORS 284.742.

Official sources · 2Tap to view provenance and version history

Online copy of the published ORS edition

Provenance

Version history

Earlier statutory text is available in an ingested published ORS edition.