Section 470.220 – Issuance of bonds.
In order to provide funds for the purposes specified in Article XI-J of the Oregon Constitution, bonds may be issued as provided in ORS 470.220 to 470.290. [1979 c.672 §17; 1981 c.660 §23; 2005 c.201 §8]
Section 470.225 – Procedure for bond issuance.
The State Treasurer shall issue bonds described in ORS 470.220 to 470.290 in accordance with the applicable provisions of ORS chapter 286A. [2005 c.201 §2; 2007 c.783 §207]
Section 470.230 – Bond proceeds credited to Small Scale Local Energy Project Loan Fund; use of funds.
Except as provided in ORS 470.270, all moneys obtained from the sale of general obligation bonds under ORS 470.220 to 470.290 and Article XI-J of the Oregon Constitution shall be credited by the State Treasurer to the Small Scale Local Energy Project Loan Fund. Those moneys shall be used only for the purposes stated in […]
Section 470.240 – General obligation bonds to include promise to pay principal amount.
All general obligation bonds issued under ORS 470.220 to 470.290 and Article XI-J of the Oregon Constitution shall contain a direct promise of the State of Oregon to pay the principal amount of the bonds, plus any accrued interest and any redemption premium. The principal of and the interest and redemption premium, if any, upon […]
Section 470.130 – Appropriation of Small Scale Local Energy Project Loan Fund.
All moneys in the Small Scale Local Energy Project Loan Fund created by Article XI-J of the Oregon Constitution are appropriated continuously to the State Department of Energy and shall be used for the purposes authorized under this chapter. [1979 c.672 §16; 2003 c.186 §61; 2009 c.753 §62]
Section 470.135 – Administration of small scale local energy project loan program funds and accounts.
The duties of the Director of the Oregon Department of Administrative Services to establish, maintain and keep accounts of, and make disbursements or transfers out of, the funds and accounts established or identified in the two bond indentures, as supplemented, dated June 1, 1981, and September 1, 1985, that relate to the Small Scale Local […]
Section 470.140 – Rulemaking authority; biennial report.
(1) In accordance with the applicable provisions of ORS chapter 183, the Director of the State Department of Energy may adopt rules considered necessary to carry out the purposes of this chapter. (2) The director shall submit to the Legislative Assembly and the Governor a biennial report of the transactions of the Small Scale Local […]
Section 470.145 – State Department of Energy to develop marketing plan.
The State Department of Energy shall develop, implement and periodically update a marketing plan to inform potential applicants of the availability of small scale local energy project loans. The first priority of the marketing plan shall be to inform individuals and small businesses that small scale local energy project loans are available. [1983 c.188 §9]
Section 470.050 – Definitions.
As used in this chapter, unless the context requires otherwise: (1) “Alternative fuel project” means: (a) Equipment, including vehicles that are not used primarily for personal, family or household purposes, that is modified or acquired directly from a factory and that: (A) Uses an alternative fuel including electricity, biofuel, gasohol with at least 20 percent […]
Section 470.060 – Application for financing; content; fee.
(1) The following may file with the State Department of Energy an application to obtain moneys for a small scale local energy project as provided in this chapter: (a) An individual who is an Oregon resident; (b) An Oregon business; (c) A nonprofit or public cooperative; (d) A nonprofit corporation; (e) An eligible federal agency; […]