Transportation Financing

ORS 367.081
Distribution of amounts in Connect Oregon Fund

(1)

Each biennium, the Department of Transportation may provide grants for transportation projects under ORS 367.080 (Connect Oregon Fund) only if the department determines that $50 million or more will be available in the Connect Oregon Fund for the biennium in which the grants are provided.

(2)

The department may use up to one percent of the amounts available within the Connect Oregon Fund to pay administrative costs incurred by the department in carrying out the provisions of ORS 367.080 (Connect Oregon Fund) to 367.086 (Administration of projects).

(3)

Each biennium, the department shall transfer seven percent of the moneys in the Connect Oregon Fund to the Multimodal Active Transportation Fund established under ORS 367.091 (Multimodal Active Transportation Fund) for the purpose of providing grants for bicycle and pedestrian transportation projects. [2017 c.750 §83; 2019 c.491 §21]
Note: See first note under 367.080 (Connect Oregon Fund).
Source

Last accessed
Jun. 26, 2021

REMOVE ADS