ORS 367.080
Connect Oregon Fund


(1)

As used in ORS 367.080 (Connect Oregon Fund) to 367.086 (Administration of projects):

(a)

“Private entity” means any entity that is not a public body, including but not limited to a corporation, partnership, company, nonprofit organization or other legal entity or natural person.

(b)

“Public body” has the meaning given that term in ORS 174.109 (“Public body” defined).

(c)

Intentionally left blank —Ed.

(A)

“Transportation project” means a project or undertaking for rail, marine or aviation capital infrastructure, including bridges, or a project that facilitates the transportation of materials, animals or people.

(B)

A transportation project does not include costs associated with operating expenses.

(2)

The Connect Oregon Fund is established in the State Treasury, separate and distinct from the General Fund. Earnings on moneys in the Connect Oregon Fund shall be deposited into the fund. Moneys in the Connect Oregon Fund are continuously appropriated to the Department of Transportation for the purposes described in subsection (3) of this section and in ORS 367.086 (Administration of projects). The fund consists of the following:

(a)

Moneys transferred to the fund under ORS 320.435 (Deposit of revenue from motor vehicle privilege and use taxes).

(b)

Moneys appropriated to the fund by the Legislative Assembly.

(c)

Earnings on moneys in the fund.

(d)

Lottery bond proceeds.

(e)

Moneys from any other source.

(3)

The department shall use moneys in the Connect Oregon Fund to provide grants for transportation projects as provided in ORS 367.080 (Connect Oregon Fund) to 367.086 (Administration of projects). Grants may be provided only for projects that involve one or more of the following modes of transportation:

(a)

Aviation;

(b)

Marine; and

(c)

Rail. [2005 c.816 §1; 2013 c.765 §1; 2015 c.707 §1; 2017 c.750 §78; 2019 c.491 §20]
Note: 367.080 (Connect Oregon Fund) to 367.086 (Administration of projects) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 367 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
Note: Section 71f, chapter 750, Oregon Laws 2017, provides:
Sec. 71f. (1) Notwithstanding ORS 367.080 (Connect Oregon Fund) to 367.089 [series became 367.080 (Connect Oregon Fund) to 367.086 (Administration of projects)] and subject to subsection (3) of this section and the availability of funds, the Department of Transportation shall first distribute the moneys in the Connect Oregon Fund, other than moneys dedicated for purposes described in Article XV, section 4a, of the Oregon Constitution, for the projects listed in subsection (2) of this section.

(2)

The department shall distribute the following amounts for the projects listed below:

(a)

Mid-Willamette Valley
Intermodal Facility $ 25 million

(b)

Treasure Valley
Intermodal Facility $ 26 million

(c)

Rail expansion in
East Beach Industrial
Park at the
Port of Morrow $ 6.55 million

(d)

Extend rail
siding along the Amtrak
Cascade line in Oregon
south of the City
of Portland $ 2.6 million

(3)

No later than January 1, 2020, to receive a distribution under this section, a potential recipient of moneys shall prepare and submit a plan to the Oregon Transportation Commission. At a minimum, the plan submitted must certify when and how the potential recipient plans to spend the moneys for the project with no more than five percent of the allocated funds to be available to recipients for development of the plan. The commission shall promptly review any submitted plans and if the commission approves the plan, the Department of Transportation shall distribute the moneys after adopting an agreement with the recipient. The agreement shall follow rules adopted by the commission for projects that receive grants from the Connect Oregon Fund.

(4)

After the distributions, if any, are made under this section, the remainder of the moneys in the Connect Oregon Fund shall be distributed as described in ORS 367.080 (Connect Oregon Fund) to 367.089. [2017 c.750 §71f; 2019 c.491 §10]

Source: Section 367.080 — Connect Oregon Fund, https://www.­oregonlegislature.­gov/bills_laws/ors/ors367.­html.

367.010
Definitions for chapter
367.015
Oregon Transportation Infrastructure Fund
367.020
Loans and other assistance to public and private entities
367.025
Issuance of infrastructure bonds
367.030
Issuance of revenue bonds
367.035
Loans to municipalities
367.040
Loans to state agencies
367.050
Powers of department
367.055
Federal stimulus moneys
367.060
Department pledge to ensure loan guarantees
367.066
Definitions for ORS 367.066 and 367.067
367.067
Short Line Credit Premium Account
367.070
Industrial Rail Spur Fund
367.080
Connect Oregon Fund
367.081
Distribution of amounts in Connect Oregon Fund
367.082
Grants from Connect Oregon Fund
367.084
Selection of projects
367.086
Administration of projects
367.091
Multimodal Active Transportation Fund
367.093
Grants from Multimodal Active Transportation Fund
367.095
Tax and fee distribution and projects
367.097
Debt service
367.105
Short-term borrowing
367.161
Definitions for ORS 367.161 to 367.181
367.163
Purposes for which bonds may be issued
367.166
Requirements for grant anticipation revenue bonds
367.168
Revenue declaration
367.171
Indenture
367.173
Moneys that may be used for payment of grant anticipation revenue bonds
367.176
Refunding grant anticipation revenue bonds
367.178
Collection and use of federal transportation funds
367.181
Limits on obligation of grant anticipation revenue bonds
367.555
Authority to issue general obligation bonds
367.560
Disposition and use of general obligation bond proceeds
367.565
Procedure for issuing general obligation bonds under ORS 367.555 to 367.600
367.595
Setting aside sufficient moneys to pay maturing obligations
367.600
Compliance with constitutional debt limits
367.605
Source of funds to secure Highway User Tax Bonds
367.615
Bond issuance
367.617
Allocation of bonds
367.620
Limitation on bond amount
367.621
Use of private sector resources in specified work
367.622
Preservation and modernization projects funded by specified bonds
367.623
Consultation with local governments for project selection
367.630
Highway revenue declaration
367.635
Bond form, issuance and maturity
367.640
Indenture
367.645
Reserve account
367.650
Trust indenture to secure bonds
367.655
Loan of bond proceeds to cities and counties
367.660
Lien on certain moneys pledged for bonds
367.665
Interest on bonds exempt from state income tax
367.700
Authority to sell limited amount of bonds under ORS 367.700 to 367.750
367.705
Use of funds
367.710
Repayment by city or county
367.715
Procedure for issuing bonds under ORS 367.700 to 367.750
367.745
Setting aside sufficient moneys to pay maturing bonds
367.750
Constitutional debt limits not to be exceeded
367.800
Findings
367.802
Definitions
367.804
Goals of Oregon Innovative Partnerships Program
367.806
Agreements
367.808
Evaluation of proposed agreements
367.810
State Transportation Enterprise Fund
367.812
Bonds secured by State Transportation Enterprise Fund
367.814
Moneys from federal government or other sources
367.816
Use of moneys in Oregon Transportation Infrastructure Fund for projects
367.818
Eminent domain powers
367.820
Creation of district
367.822
Advisory committees on transportation projects
367.824
Rules
367.850
Alternatives to meeting funding requirements of transportation planning rule
Green check means up to date. Up to date