justicedao/ipfs_state_laws huggingface dataset:
123-088-0020 Definitions For the purposes of these rules additional definitions may be found in Procedural Rules, OAR 123-001. For purposes of this division of administrative rules, unless the context demands otherwise: (1) “Council” means the Oregon Innovation Council. (2) “Department” means the Oregon Business Development Department (3) “Fund” means the University Innovation Research Fund. (4) “Review Committee” is the group that does the initial evaluation of requests for matching commitments from the University Innovation Research Fund. The Review Committee shall consist of the sitting members of the Senior Research Officers Council (SROC) or their designees and one representative from the Council or their designee who does not represent an educational institution. (5) “SRO” means the Senior Research Officer. (6) “SROC” means the Senior Research Officer Council, which consists of the SRO from each public university in Oregon (Oregon State University, University of Oregon, Portland State University, Oregon Institute of Technology, Southern Oregon University Western Oregon University and Eastern Oregon University) and OHSU. Statutory/Other Authority: Sec 21, Ch. 643 OL 2019 & HB 2377 (2019) Statutes/Other Implemented: Sec 21, Ch. 643 OL 2019 & HB 2377 (2019) History: OBDD 8-2025, amend filed 11/21/2025, effective 11/21/2025 OBDD 17-2019, adopt filed 11/12/2019, effective 11/12/2019
123-088-0030 Qualifying Universities All public universities in Oregon as established in ORS 352.002 and OHSU are eligible to request access to the fund. That is, Eastern Oregon University, Portland State University, Oregon State University, Oregon Institute of Technology, Southern Oregon University, University of Oregon, Western Oregon University and OHSU are eligible. Hereafter, all of these institutions are collectively referred to as the universities. Statutory/Other Authority: Sec 21, Ch. 643 OL 2019, HB 2377 (2019) & ORS 352.002 Statutes/Other Implemented: Sec 21, Ch. 643 OL 2019 & HB 2377 (2019) History: OBDD 17-2019, adopt filed 11/12/2019, effective 11/12/2019
123-088-0040 Eligible and Ineligible Uses of the Fund (1) As determined by the Department, match funding may be used to support projects proposed under a federal proposal that will support innovation or commercialization of technology at the applicant university that has a direct or potential connection to economic development. The Fund may be accessed to provide matching funds for federal proposals submitted by a qualifying university that have a required or non-required financial match although required match is preferred. If match funding is not required under a federal proposal, applicants requesting Fund monies shall substantiate that the requested funding provides a strategic competitive advantage for the proposal. Applicants will be required to indicate if non-federal cash match or cost-share is required or, if match is not required, how applicant contributions are described in the federal funding opportunity. Exceptions will be made for non-required match proposals, under the guidance of the Review Committee, who will evaluate the timing of the proposal, the potential economic development impact and the remaining balance of the UIRF fund at the time that the proposal is made. (2) Requests for match funding are expected to be for no less than $250,000 in UIRF funds with total federal budgets of no less than $2M. When possible, universities are encouraged to pursue collaborative, multi-university proposals will be given a higher priority in the review process. Statutory/Other Authority: Sec 21, Ch. 643 OL 2019 & HB 2377 (2019) Statutes/Other Implemented: Sec 21, Ch. 643 OL 2019 & HB 2377 (2019) History: OBDD 8-2025, amend filed 11/21/2025, effective 11/21/2025 OBDD 17-2019, adopt filed 11/12/2019, effective 11/12/2019
123-088-0050 Review Committee (1) The Review Committee shall consist of (seven) members of the Senior Research Officers Council (SROC) or their designees and (one) representative from the Council or their designee who does not represent an educational institution. The representative from the Council or their designee will serve as Chair of the Review Committee and is designated to relay UIRF status and funding decisions to the Council during quarterly meetings. A Department representative shall provide staff support to the Review Committee but will not participate in Review Committee decision making and is not part of the committee quorum. (2) The Review Committee may have a standing meeting each month to review requests submitted by universities. If no requests for UIRF match has been submitted, the monthly meeting may be canceled. No committee meetings shall occur without a quorum. (3) A quorum shall consist of at least three committee members or their designees. The Committee may recommend to the Department potential revisions to the UIRF submission template and evaluation and recommendation processes. Statutory/Other Authority: Sec 21, Ch. 643 OL 2019 & HB 2377 (2019) Statutes/Other Implemented: Sec 21, Ch. 643 OL 2019 & HB 2377 (2019) History: OBDD 8-2025, amend filed 11/21/2025, effective 11/21/2025 OBDD 17-2019, adopt filed 11/12/2019, effective 11/12/2019
123-088-0060 Application Process (1) To request match funding a university SRO must submit a letter of interest to the Department at least 30 days in advance of the federal proposal deadline if at all possible. If a 30-day notice is not possible, a letter of interest should be submitted as early in the process as possible. Exceptions may be made by the Department to allow an application to be submitted less than 30 days before the federal deadline. (2) The letter of interest will (a) Be in the form required by the Department and submitted by the lead institution’s Senior Research SRO; (b) Specify the federal program, project title, estimate of the total project budget and estimated amount of UIRF match requested from the Fund; (c) Provide brief summaries of the project, project leaders/principal investigators, and any public and/or other collaborators; (d) Provide a description of the project’s connection to economic development. (3) Within 7 working days of receiving the letter of interest, the Department will notify the SRO if the department requires additional project details to facilitate evaluation by the Review Committee. Department will seek additional proposal information about the UIRF request. The lead university will have 14 days to submit additional materials requested by the Department. The Department will also attempt to schedule a Review Committee meeting as soon as reasonable given the additional information requested and the federal application deadline. (4) If the Department determines a proposed project does not meet or is unlikely to meet program funding criteria, the Review Committee shall notify the project SRO that the proposed project will not be considered for program match funding unless revised and resubmitted. (5) A request to provide additional information does not guarantee that a proposed project will receive UIRF match funding. Statutory/Other Authority: Sec 21, Ch. 643 OL 2019 & HB 2377 (2019) Statutes/Other Implemented: Sec 21, Ch. 643 OL 2019 & HB 2377 (2019) History: OBDD 8-2025, amend filed 11/21/2025, effective 11/21/2025 OBDD 17-2019, adopt filed 11/12/2019, effective 11/12/2019
123-089-0010 Purpose The purpose of these rules is to describe objectives, programs, processes and criteria for funding projects from the Oregon Innovation Fund. Statutory/Other Authority: ORS 284.706, ORS 284.720 & ORS 284.742 Statutes/Other Implemented: ORS 284.720 & ORS 284.742 History: OBDD 16-2019, amend filed 11/12/2019, effective 11/12/2019 OBDD 6-2019, temporary amend filed 05/22/2019, effective 05/22/2019 through 11/15/2019 OBDD 3-2018, adopt filed 02/12/2018, effective 02/12/2018
123-089-0020 Temporary rule language in effect until 05/29/2026. Definitions For the purposes of this division of administrative rules, additional definitions are found in OAR 123-001 (Procedural Rules). As used in this OAR 123 division 89, the following terms have the meanings set forth below, unless the context clearly indicates otherwise. (1) “Fund” means the Oregon Innovation Fund established in ORS 284.720. (2) “Innovation-based companies” are those that have high-growth potential that develop novel products, services, processes or business models that can be sold to national and international markets. (3) “Oregon InC” means the Oregon Innovation Council as established and described in ORS 284.701 to 284.749. (4) “Traded sector” is defined in Oregon statute as “industries in which member firms sell their goods or services into markets for which national or international competition exists.” Statutory/Other Authority: ORS 284.706, ORS 284.720 & ORS 284.742 Statutes/Other Implemented: ORS 284.720 & ORS 284.742 History: OBDD 9-2025, temporary amend filed 12/01/2025, effective 12/01/2025 through 05/29/2026 OBDD 16-2019, amend filed 11/12/2019, effective 11/12/2019 OBDD 3-2018, adopt filed 02/12/2018, effective 02/12/2018
123-089-0030 Temporary rule language in effect until 05/29/2026. Objectives, Priorities and Programs (1) The objectives of the Fund are to support early-stage, traded-sector companies diversify Oregon's economy, bring federal and private dollars into the state, increase revenues and create new jobs. Oregon InC is a public-private partnership that advises the Department on how best to design programs and provide funding to accomplish the Fund’s objectives. Oregon InC will identify certain industry sectors as priorities for the programs and funding. Moneys in the Fund are deployed via programs that are described in subsequent sections. (2) The Department and Oregon InC will dedicate the Fund to one or more programs that support the Fund’s objectives. These programs may provide funding as grants, loans or investments. All programs will be designed and administered in accordance with applicable statutes and these rules and are primarily intended to support implementation of the agency’s innovation plan. (3) Oregon InC will periodically evaluate industry focus areas to determine if the list remains appropriate or needs adjustment based on current conditions. Similarly, Oregon InC will periodically evaluate programs supported by the Fund to determine if they continue to meet the Fund’s objectives or require changes to, additions of or cancellation of programs to achieve those objectives. Subsequent sections describe the major Oregon InC programs. Statutory/Other Authority: ORS 284.720 & ORS 284.742 Statutes/Other Implemented: ORS 284.706, ORS 284.720 & ORS 284.742 History: OBDD 9-2025, temporary amend filed 12/01/2025, effective 12/01/2025 through 05/29/2026 OBDD 16-2019, amend filed 11/12/2019, effective 11/12/2019 OBDD 6-2019, temporary amend filed 05/22/2019, effective 05/22/2019 through 11/15/2019 OBDD 3-2018, adopt filed 02/12/2018, effective 02/12/2018
123-089-0040 Temporary rule language in effect until 05/29/2026. Eligibility and Criteria for Funding (1) To be eligible for funding, projects must involve an innovation-based company in a traded-sector industry. Traded sector is defined in Oregon statute as industries in which member firms sell their goods or services into markets for which national or international competition exists. (2) To be eligible for funding, organizations must be Oregon-based, which is defined as having more than 50% of the organization’s employees based in Oregon. Exceptions can be made on a case-by-case basis and require approval by the Innovation and Entrepreneurship Manager (I&E Manager). Any exception will be documented in the project files with a description of the reason for the exception. (3) Other, program-specific eligibility requirements will be developed by the Department and/or Oregon InC that will be included in each program’s guidelines and requests for funding applications or proposals. (4) The Department and/or Oregon InC will establish criteria for each funding program and opportunity. Examples of the criteria that could be used to evaluate projects include, but are not limited to: (a) Leverage – This includes funding and other resources from the private sector, project collaborators or other sources. It also includes the use of non-financial leverage, such as supporting university research, other economic development activities and/or legislative initiatives. Financial and in-kind leverage must be specified. (b) Uniquely attributable links to Oregon – This includes geographic advantages or other attributes unique to Oregon, as well as any link to one of Oregon InC’s focus areas or Business Oregon’s target industries. (c) Level of impact derived from Oregon InC’s investment – The potential for the use of a relatively small amount of Oregon InC funding to have significant returns for the project and the State. (d) Ability to scale into significant jobs and/or revenue – The potential for a project to have job and/or revenue impacts in the medium- to long-term. (e) Broad impacts – This includes the project’s geographic scope, impacts on multiple income levels and other impacts. Statutory/Other Authority: ORS 284.706, ORS 284.720 & ORS 284.742 Statutes/Other Implemented: ORS 284.720 & ORS 284.742 History: OBDD 9-2025, temporary amend filed 12/01/2025, effective 12/01/2025 through 05/29/2026 OBDD 16-2019, amend filed 11/12/2019, effective 11/12/2019 OBDD 6-2019, temporary amend filed 05/22/2019, effective 05/22/2019 through 11/15/2019 OBDD 3-2018, adopt filed 02/12/2018, effective 02/12/2018
123-089-0060 Agreements and Disbursement of Funds (1) The Department will negotiate grant agreements with those organizations chosen for funding. (2) The Department shall disburse monies from the Fund only after entering into a binding agreement with the organization. (3) The agreement will be in form and substance as provided by the Department. The agreement will contain provisions that the Department considers necessary or appropriate to ensure legal sufficiency and proper project oversight. The agreement will include a provision that the obligation of the Department under the agreement is contingent upon the availability of moneys in the Fund. Statutory/Other Authority: ORS 284.706, ORS 284.720 & ORS 284.742 Statutes/Other Implemented: ORS 284.720 & ORS 284.742 History: OBDD 16-2019, amend filed 11/12/2019, effective 11/12/2019 OBDD 6-2019, temporary amend filed 05/22/2019, effective 05/22/2019 through 11/15/2019 OBDD 3-2018, adopt filed 02/12/2018, effective 02/12/2018
123-089-0070 Temporary rule language in effect until 05/29/2026. Audit Committee Oregon InC has established an Audit and Accountability Committee (Audit Committee) that shall monitor the performance of larger projects from the Fund. The Audit Committee will typically provide oversight of any projects that receive funding of over $250,000 although oversight can be modified by the Council as needed. If an organization managing a project does not achieve its goals, the Department and Audit Committee will work with the organization to determine the cause(s) and identify action(s) to be taken to address the cause(s). If the action(s) are insufficient or unsuccessful, the Audit Committee can recommend to Oregon InC to reduce or eliminate funding or require funding be repurposed for a different activity. Oregon InC will evaluate the Audit Committee’s recommendation and either approve the recommendation and forward it to the Department or work with the Audit Committee and the Department to revise the recommendation. The Director will decide about any repurposing, reduction or elimination of funding. The Director’s decision is final. Statutory/Other Authority: ORS 284.706, ORS 284.720 & ORS 284.742 Statutes/Other Implemented: ORS 284.720 & ORS 284.742 History: OBDD 9-2025, temporary amend filed 12/01/2025, effective 12/01/2025 through 05/29/2026 OBDD 16-2019, adopt filed 11/12/2019, effective 11/12/2019
123-090-0000 Purpose The Strategic Reserve Fund was established by the Oregon Legislative Assembly to support economic and community development in Oregon. Particular emphasis shall be placed on investments that assist communities, businesses or industries with cost effective projects that assist the creation, expansion, and preservation of traded sector industries of Oregon, and that encourage diversification and preservation of regional economies. Statutory/Other Authority: ORS 285A.075 Statutes/Other Implemented: ORS 285B.266 History: EDD 29-2009, f. 12-31-09, cert. ef. 1-1-10 EDD 7-2000, f. & cert. ef. 4-11-00 EDD 29-1988, f. & cert. ef. 8-30-88 EDD 26-1988(Temp), f. & cert. ef. 7-13-88
123-090-0010 Definitions For the purposes of these rules additional definitions may be found in Procedural Rules, OAR 123-001. For purposes of this division of administrative rules, unless the context demands otherwise: (1) "Administrative Expenses" mean any agency expenditures included under the classifications of expenditures, except categories of debt service and special payments, which are prepared and prescribed for purposes of agency budget-making and accounting. (2) "Community" means an area or a locality in which the body of inhabitants has common economic or employment interests. The term is not limited to a city, county or other political subdivision and need not, but may be, limited by political boundaries. (3) "Fund" means the Strategic Reserve Fund established by ORS 285B.266. (4) "Debt Retirement" means payment in full of the balance owed on the principal of a loan. (5) "Debt Service" means the interest and charges currently payable on a debt, including principal payments. (6) "Rural Area" means an area located entirely outside of the acknowledged Portland Metropolitan Area Regional Urban Growth Boundary and the acknowledged urban growth boundaries of the cities of 30,000 or more in population, including Albany, Bend, Corvallis, Eugene, Springfield, Salem, Keizer or Medford. Statutory/Other Authority: ORS 285A.075 Statutes/Other Implemented: ORS 285B.266 History: EDD 29-2009, f. 12-31-09, cert. ef. 1-1-10 EDD 7-2000, f. & cert. ef. 4-11-00 EDD 23-1990, f. & cert. ef. 8-17-90 EDD 20-1990(Temp), f. & cert. ef. 6-28-90 EDD 6-1990(Temp), f. & cert. ef. 3-15-90 EDD 29-1988, f. & cert. ef. 8-30-88 EDD 26-1988(Temp), f. & cert. ef. 7-13-88
123-090-0020 Funding Eligibility The Strategic Reserve Fund may be used to finance economic and community development projects that: (1) Are reasonably expected to result in new jobs, job retention, or higher incomes for Oregonians; (2) Provide assistance to businesses that are considering starting in, expanding in, or relocating to Oregon. Assistance will be reserved for projects that result in a significant long-term economic benefit for residents of the county in which the project will be located; or (3) Serve as a catalyst for additional economic and community development benefits, or that will result in improved utilization of existing Oregon resources. Statutory/Other Authority: ORS 285A.075(5) & 285A.110 Statutes/Other Implemented: ORS 285B.266 History: EDD 7-2000, f. & cert. ef. 4-11-00 EDD 29-1988, f. & cert. ef. 8-30-88 EDD 26-1988(Temp), f. & cert. ef. 7-13-88
123-090-0030 Ineligible Expenditures Strategic Reserve Funds will not be used to assist: (1) Relocation of a business from one part of the state to another, except for businesses that would otherwise relocate outside Oregon. This restriction may be waived if the Director finds there is good and sufficient reason. (2) The retirement or service of debt for any public or private entity; or (3) The Department with any administrative expenses without legislative authorization. Statutory/Other Authority: ORS 285A.075 Statutes/Other Implemented: ORS 285B.266 History: EDD 29-2009, f. 12-31-09, cert. ef. 1-1-10 EDD 7-2000, f. & cert. ef. 4-11-00 EDD 23-1990, f. & cert. ef. 8-17-90 EDD 20-1990(Temp), f. & cert. ef. 6-28-90 EDD 6-1990(Temp), f. & cert. ef. 3-15-90 EDD 29-1988, f. & cert. ef. 8-30-88 EDD 26-1988(Temp), f. & cert. ef. 7-13-88
123-090-0040 Director’s Review (1) Projects shall not be funded by the Fund unless the Director finds that: (a) The Project is or will be supported by the maximum feasible amount of local and private financial participation; (b) The Project will produce significant long-term, regional or statewide economic impacts; (c) The Project will not require continuing state subsidies; (d) The Project does not supplant private investment or duplicate or undermine similar efforts; and, (e) The Project meets, or can be reasonably expected to meet, at least one of the following criteria: (A) The Project uses existing human and natural resources to harness Oregon's economic comparative advantage; (B) The Project promotes economic and community recovery in Rural or Distressed areas, or among populations suffering economic hardship; (C) The Project creates, or leads to the creation or retention of jobs of higher income for Oregonians; (D) The Project promotes the development of new national and international markets for goods and services produced in Oregon; or, (2) If the Project affects land use, it must satisfy the applicable requirements of OAR chapter 123, division 8 of this Department. (3) Funding decisions shall be made by either the Governor or the Director. Statutory/Other Authority: ORS 285A.075 Statutes/Other Implemented: ORS 285B.266 History: EDD 29-2009, f. 12-31-09, cert. ef. 1-1-10 EDD 7-2000, f. & cert. ef. 4-11-00 EDD 23-1990, f. & cert. ef. 8-17-90 EDD 20-1990(Temp), f. & cert. ef. 6-28-90 EDD 29-1988, f. & cert. ef. 8-30-88 EDD 26-1988(Temp), f. & cert. ef. 7-13-88
123-090-0050 First Source Hiring Any firm receiving an award of more than $100,000 through the Strategic Reserve Fund shall enter into a first source agreement in accordance with division 70 of this chapter of administrative rules. Statutory/Other Authority: ORS 285A.075 Statutes/Other Implemented: ORS 285B.266 History: OBDD 3-2011, f. 6-30-11, cert. ef. 7-1-11 EDD 7-2007, f. & cert. ef. 8-30-07 EDD 7-2000, f. & cert. ef. 4-11-00
123-090-0060 Waivers The Director may waive non-statutory requirements of this division of administrative rules if the project demonstrates a contribution to state job strategies consistent with the purpose of the Strategic Reserve Fund. Projects that improve the economic condition of a Rural or Distressed Area, or further global competitiveness of Oregon firms may receive special consideration by the Director. Statutory/Other Authority: ORS 285A.075(5) & 285A.110 Statutes/Other Implemented: ORS 285B.266 History: EDD 29-2009, f. 12-31-09, cert. ef. 1-1-10 EDD 7-2000, f. & cert. ef. 4-11-00
123-091-0001 Purpose This division of administrative rules clarifies, specifies and establishes procedures, standards and criteria for operation of and making loans to businesses from the Oregon Business Retention and Expansion Program (OBEP). Statutory/Other Authority: ORS 285A.075, 285B & OL Ch. 549, Sec. 1-8 & 10-11 Statutes/Other Implemented: ORS 285B, OL Ch. 549, Sec. 1-8 & 10-11 History: OBDD 4-2012, f. 3-30-12, cert. ef. 4-2-12