ORS § 285B.763

Current through 2024 Regular Session legislation
Section 285B.763 - Economic Equity Investment Fund
(1) There is established in the State Treasury, separate and distinct from the General Fund, the Economic Equity Investment Fund. Interest earned by the Economic Equity Investment Fund shall be credited to the fund.
(2) All moneys in the fund are continuously appropriated to the Oregon Business Development Department for the purposes of developing and implementing the Economic Equity Investment Program under ORS 285B.760 to 285B.763.
(3) Moneys in the fund shall consist of:
(a) Moneys appropriated to the fund by the Legislative Assembly;
(b) Moneys otherwise transferred to the fund by the Legislative Assembly or the Oregon Business Development Department;
(c) Interest earned upon moneys in the fund; and
(d) Other moneys or property transferred to the fund from any public or private source.
(4) The department may accept for deposit in the fund any grant, donation, gift or bequest of moneys or property from any public or private source.

ORS 285B.763

Added by 2022 Ch. 103, § 4

See note under 285B.760.