Source: https://www.oregonlaws.org/ors/757.612
Timestamp: 2017-04-24 11:17:19
Document Index: 623311193

Matched Legal Cases: ['§3', '§9', '§3', '§506', '§9', '§27', '§43', '§2', '§1', '§10', '§2', '§50', '§3', '§1', '§4', '§2', '§1']

ORS 757.612 - Requirements for public purpose expenditures - 2015 Oregon Revised Statutes
Section 757.612
757.612¹
(A) Sixty-three percent for new cost-effective conservation, new market transformation.
(D) Five percent shall be transferred to the Housing and Community Services Department Electricity Public Purpose Charge Fund established by ORS 456.587 (Electricity Public Purpose Charge Fund) (1) and used for the purpose of providing grants as described in ORS 458.625 (Use of account moneys and investment revenue) (2).
(e)(A) The first 10 percent of the funds collected annually by an electric company or Oregon Community Power under subsection (2) of this section shall be distributed to school districts that are located in the service territory of the electric company or Oregon Community Power. The funds shall be distributed to individual school districts according to the weighted average daily membership (ADMw) of each school district for the prior fiscal year as calculated under ORS 327.013 (State School Fund distribution computations for school districts). The commission shall establish by rule a methodology for distributing a proportionate share of funds under this paragraph to school districts that are only partially located in the service territory of the electric company or Oregon Community Power.
(B) A school district that receives funds under this paragraph shall use the funds first to pay for energy audits for schools located within the school district. A school district may not expend additional funds received under this paragraph on a school facility until an energy audit has been completed for that school facility. To the extent practicable, a school district shall coordinate with the State Department of Energy and incorporate federal funding in complying with this paragraph. Following completion of an energy audit for an individual school, the school district may expend funds received under this paragraph to implement the energy audit. Once an energy audit has been conducted and completely implemented for each school within the school district, the school district may expend funds received under this paragraph for any of the following purposes:
(g) If the commission directs funds collected through public purpose charges to a nongovernmental entity, the entity shall:
(A) Include on the entity’s board of directors an ex officio member designated by the commission, who shall also serve on the entity’s nominating committee for filling board vacancies.
(B) Require the entity’s officers and directors to provide an annual disclosure of economic interest to be filed with the commission on or prior to April 15 of each calendar year for public review in a form similar to the statement of economic interest required for public officials under ORS 244.060 (Form of statement of economic interest).
(C) Require the entity’s officers and directors to declare actual and potential conflicts of interest at regular meetings of the entity’s governing body when such conflicts arise, and require an officer or director to abstain from participating in any discussion or vote on any item where that officer or director has an actual conflict of interest. For the purposes of this subparagraph, "actual conflict of interest" and "potential conflict of interest" have the meanings given those terms in ORS 244.020 (Definitions).
(D) Arrange for an independent auditor to audit the entity’s financial statements annually, and direct the auditor to file an audit opinion with the commission for public review.
(E) File with the commission annually the entity’s budget, action plan and quarterly and annual reports for public review.
(F) At least once every five years, contract for an independent management evaluation to review the entity’s operations, efficiency and effectiveness, and direct the independent reviewer to file a report with the commission for public review.
(h) The commission may remove from the board of directors of a nongovernmental entity an officer or director who fails to provide an annual disclosure of economic interest or declare actual or potential conflict of interest, as described in paragraph (g)(B) and (C) of this subsection, in connection with the allocation or expenditure of funds collected through public purpose charges and directed to the entity.
(d)(A) The Housing and Community Services Department shall determine the manner in which funds collected under this subsection will be allocated by the department to energy assistance program providers for the purpose of providing low-income bill payment and crisis assistance.
(B) The department shall investigate and may implement alternative delivery models in consultation with electric companies to effectively reduce service disconnections and related costs to retail electricity consumers and electric utilities.
(C) Priority assistance shall be directed to low-income electricity consumers who are in danger of having their electricity service disconnected.
(D) The department shall maintain records and provide those records upon request to an electric company, Oregon Community Power and the Citizens’ Utility Board established under ORS chapter 774 on a quarterly basis. Records maintained must include the numbers of low-income electricity consumers served, the average amounts paid and the type of assistance provided. Electric companies and Oregon Community Power shall, if requested, provide the department with aggregate data relating to consumers served on a quarterly basis to support program development.
(e) Interest on moneys deposited in the Housing and Community Services Department Low-Income Electric Bill Payment Assistance Fund established by ORS 456.587 (Electricity Public Purpose Charge Fund) (2) may be used to provide bill payment and crisis assistance to electricity consumers whose primary source of heat is not electricity.
(9) For purposes of this section, amounts collected by Oregon Community Power through public purpose charges are not considered moneys received from electric utility operations. [1999 c.865 §3; 2001 c.134 §9; 2001 c.819 §3; 2005 c.22 §506; 2007 c.217 §9; 2007 c.301 §27; 2007 c.807 §43a; 2007 c.837 §2a; 2009 c.813 §1; 2011 c.467 §10; 2011 c.566 §2; 2015 c.180 §50]
Note: Sections 3 and 4, chapter 566, Oregon Laws 2011, provide:
Sec. 3. Notwithstanding the $15 million limitation described in ORS 757.612 (Requirements for public purpose expenditures) (7)(b), the Public Utility Commission shall direct electric companies or Oregon Community Power to collect a combined total of an additional $5 million per 12-month period from residential electricity consumers for the low-income electric bill payment assistance provided for in ORS 757.612 (Requirements for public purpose expenditures) (7)(a) if the Housing and Community Services Department requests an increase. [2011 c.566 §3; 2013 c.254 §1]
Sec. 4. Section 3, chapter 566, Oregon Laws 2011, is repealed on January 2, 2018. [2011 c.566 §4; 2013 c.254 §2; 2015 c.187 §1]
297.300 Audit of records related to public purpose charges paid to nongovern­mental entity
456.587 Electricity Public Purpose Charge Fund
470.050 Defini­tions
470.510 State Depart­ment of Energy may enter contracts for loan issuance