Section 391.660 – Short title.
ORS 267.227 and 391.500 to 391.660 may be referred to and cited as the “Oregon Mass Transportation Financing Act.” [1977 c.662 §1]
Section 391.800 – Elderly and Disabled Special Transportation Fund.
(1) There is established in the State Treasury, separate and distinct from the General Fund, the Elderly and Disabled Special Transportation Fund. All moneys in the Elderly and Disabled Special Transportation Fund are appropriated continuously to the Department of Transportation for payment of the department’s administrative costs of the program and payment to mass transit […]
Section 391.802 – Definition for ORS 391.800 to 391.830.
As used in ORS 391.800 to 391.830, “Indian tribe” means a federally recognized Indian tribe in Oregon that has members residing on a reservation or tribal trust lands in Oregon. [2003 c.751 §2] Note: 391.802 is repealed July 1, 2023. See sections 1 and 19, chapter 15, Oregon Laws 2020 (first special session).
Section 391.810 – Distribution of funds to districts, Indian tribes and counties; rules.
(1) The Department of Transportation shall distribute three-quarters of the moneys in the Elderly and Disabled Special Transportation Fund, including the interest attributable thereto, to mass transit districts organized under ORS 267.010 to 267.394, transportation districts organized under ORS 267.510 to 267.650, Indian tribes and to those counties in which no part of a mass […]
Section 391.815 – Discretionary grant account; purpose; application for grant; grant approval; distribution of moneys.
(1) After the requirements of ORS 391.810 have been satisfied, the Department of Transportation shall set aside and transfer the remainder of the moneys in the Elderly and Disabled Special Transportation Fund to a discretionary grant account established as an account in the Elderly and Disabled Special Transportation Fund. (2) The moneys in the discretionary […]
Section 391.820 – Advisory committees; membership; duties.
(1) The governing body of each mass transit district, transportation district, Indian tribe or county that receives moneys from the Elderly and Disabled Special Transportation Fund under ORS 391.810 shall appoint an advisory committee to advise and assist the governing body in carrying out the purposes of ORS 391.800 to 391.830. The number and terms […]
Section 391.570 – Bonds; form; conditions; issuance; refunding.
(1) Bonds may be issued as serial bonds or as term bonds or a combination of both types. The board may provide that such bonds: (a) May be executed and delivered by the Oregon Mass Transportation Financing Authority at any time and from time to time in such amounts including all necessary and incidental expenses, […]
Section 391.830 – Use of funds to finance and improve transportation for elderly individuals and individuals with disabilities.
(1)(a) Each mass transit district and transportation district that receives moneys from the Department of Transportation under ORS 391.810 (1) or (2)(b), after providing for costs of administration in an amount determined under ORS 391.810 (2)(a), shall distribute the moneys to providers of transportation for the purpose of financing and improving transportation programs and services […]
Section 391.580 – Pledges for bonds.
The principal, interest and premiums, if any, on any bonds issued by the Oregon Mass Transportation Financing Authority shall be secured solely by a pledge of the income, revenues and receipts out of which the same shall be made payable and may also be secured by and payable out of proceeds from the sale of […]
Section 391.590 – Bonds not general obligation of state.
All bonds issued by the Oregon Mass Transportation Financing Authority under the provisions of ORS 267.227 and 391.500 to 391.660 shall not constitute a debt, liability or general obligation of this state, or a pledge of the faith and credit of this state, but shall be payable solely from the income revenues, receipts or assets […]