ORS 285B.003
Definitions for ORS 285B.003 to 285B.030
(1)
“Administrative costs” includes, but is not limited to, the direct and indirect costs incurred by the Oregon Business Development Department for:(a)
Investigating and processing applications submitted under ORS 285B.018 (Application process for financial assistance);(b)
Negotiating agreements for the purposes of ORS 285B.003 (Definitions for ORS 285B.003 to 285B.030) to 285B.030 (Industrial Lands Loan Fund);(c)
Monitoring the use of moneys provided to project sponsors under ORS 285B.003 (Definitions for ORS 285B.003 to 285B.030) to 285B.030 (Industrial Lands Loan Fund);(d)
Closing a project; and(e)
Providing financial assistance to a project sponsor.(2)
“Brownfield” has the meaning given that term in ORS 285A.185 (Brownfields redevelopment).(3)
Intentionally left blank —Ed.(a)
“Development project” means a project for the acquisition, improvement, construction, demolition or redevelopment of publicly or privately owned utilities, buildings, land, transportation facilities or other facilities that assist the economic and community development of a municipality.(b)
“Development project” includes planning project activities that are necessary or useful to a development project as determined by the department.(4)
“Eligible project” means a development project or a planning project.(5)
“Environmental action” has the meaning given that term in ORS 285A.188 (Brownfields Redevelopment Fund).(6)
“Industrial land” means land planned and zoned for industrial use that:(a)
Is suitable for new semiconductor industry uses, or the expansion of existing semiconductor industry uses, that can provide significant additional employment in Oregon;(b)
Has land characteristics that provide significant competitive advantages that are difficult or impossible to replicate; and(c)
Has access to transportation and freight infrastructure, including, but not limited to, rail, port, airport, multimodal freight or transshipment facilities and other major transportation facilities or routes.(7)
“Planning project” means:(a)
A project related to a potential development project for preliminary and final land use planning and engineering;(b)
A survey, land investigation or environmental action;(c)
A financial, technical or other feasibility report, study or plan; or(d)
Any activity that the department determines to be necessary or useful in planning for a potential development project.(8)
“Private owner” means a private business entity or property owner that has entered into an agreement with a local jurisdiction for the development of public infrastructure to serve a private site.(9)
“Project sponsor” means:(a)
A public entity or private owner of industrial land that is investing in the preparation of the land for a development project by a third party; or(b)
A public entity that has entered into a development or other agreement with the private owner of industrial land to prepare the land for a development project.(10)
“Public entity” means:(a)
A city or county in Oregon;(b)
A port formed under ORS 777.005 (Definitions for ORS 777.005 to 777.725 and 777.915 to 777.953) to 777.725 (Borrowing money to pay bonus);(c)
The Port of Portland created by ORS 778.010 (District known as Port of Portland);(d)
The tribal council of a federally recognized Indian tribe in this state; or(e)
An airport district established under ORS chapter 838.(11)
“Semiconductor industry use” means the use of property to:(a)
Construct, expand, or modernize a facility for the fabrication, assembly, testing, advanced packaging or production of semiconductors, materials used to manufacture semiconductors or semiconductor manufacturing equipment; or(b)
Conduct research and development with respect to semiconductors, materials used to manufacture semiconductors or semiconductor manufacturing equipment. [2023 c.25 §14]
Source:
Section 285B.003 — Definitions for ORS 285B.003 to 285B.030, https://www.oregonlegislature.gov/bills_laws/ors/ors285B.html (accessed May 26, 2025).