Chapter 541 — Water Distributors; Water Releases; Conservation and Storage;
ORS 541.863 Oregon Environmental Restoration Fund
The Oregon Environmental Restoration Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Oregon Environmental Restoration Fund shall be credited to the fund. The fund consists of:
Proceeds from the Monsanto Settlement Agreement;
Moneys transferred to the fund by the Legislative Assembly; and
Other amounts deposited in the fund from any other public or private source.
Moneys in the Oregon Environmental Restoration Fund are continuously appropriated to the Oregon Watershed Enhancement Board to be expended, consistent with the terms of the Monsanto Settlement Agreement, for the following purposes:
To carry out ORS 541.865.
The Oregon Watershed Enhancement Board shall administer the Oregon Environmental Restoration Fund.
In addition to services provided as the investment officer for the Oregon Investment Council under ORS 293.716, the State Treasurer shall provide accounting services specific to the Oregon Environmental Restoration Fund.
Note: See note under 541.857.
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Provenance
2025 Oregon Revised Statutes — official online source
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- oregonlegislature.gov
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Version history
Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.
2025 Oregon Revised Statutes — official online source · active · operative text
Official source