ORS 285B.200 Definitions for ORS 285B.200 to 285B.218

As used in ORS 285B.200 to 285B.218:

“Brownfield” or “brownfields” has the meaning given that term in ORS 285A.185.

“Eligible project costs” includes productive equipment and machinery, working capital for operations and export transactions and such other costs as the Oregon Business Development Department by rule may provide.

“Environmental action” has the meaning given that term in ORS 285A.188.

“Financial institution” includes institutions listed in ORS 706.008 and such other institutions defined by rule of the department as financial institutions for purposes of ORS 285B.200 to 285B.218.

“Qualified business” means any existing or proposed business located in this state that will produce substantial benefits for this state.

“Value-added agricultural industry” means an industry in which agricultural products have been processed, transformed or refined to the point where the products may be distributed to a final consumer without further processing, transformation or refining. The term also includes industries in which agricultural products are processed, transformed or refined for distribution to other than final consumers when such processing, transformation or refining represents a substantial increment in value as determined by the Oregon Business Development Department in consultation with the State Department of Agriculture.