reglab/housing_qa huggingface dataset:
OR Rev Stat § 285B.179 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.179 - Purposes of Microenterprise Development Act.

The purposes of ORS 285B.178 and this section are to: (1) Ensure that microenterprises in Oregon are able to realize their full potential to create jobs, enhance entrepreneurial skills, expand entrepreneurial activity and increase the capacity of low income and very low income households to become self-sufficient; (2) Enhance the development of a statewide infrastructure for microenterprise support; and (3) Enable the Oregon Business Development Department to engage in contractual relationships with statewide microenterprise support organizations that have the capacity to administer grants to local microenterprise support organizations, subject to ORS 285B.178 and this section, and to leverage additional funds from sources other than moneys appropriated from the General Fund. [2001 c.419 §3; 2007 c.804 §21; 2009 c.830 §70] Note: See note under 285B.178.
OR Rev Stat § 285B.186 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.186 - Short title.

ORS 285B.178 and 285B.179 shall be known and may be cited as the Microenterprise Development Act. [2001 c.419 §1] Note: See note under 285B.178.
OR Rev Stat § 285B.200 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.200 - Definitions for ORS 285B.200 to 285B.218.

As used in ORS 285B.200 to 285B.218: (1) "Brownfield" or "brownfields" has the meaning given that term in ORS 285A.185. (2) "Eligible project costs" includes productive equipment and machinery, working capital for operations and export transactions and such other costs as the Oregon Business Development Department by rule may provide. (3) "Environmental action" has the meaning given that term in ORS 285A.188. (4) "Financial institution" includes institutions listed in ORS 706.008 and such other institutions defined by rule of the department as financial institutions for purposes of ORS 285B.200 to 285B.218. (5) "Qualified business" means any existing or proposed business located in this state that will produce substantial benefits for this state. (6) "Value-added agricultural industry" means an industry in which agricultural products have been processed, transformed or refined to the point where the products may be distributed to a final consumer without further processing, transformation or refining. The term also includes industries in which agricultural products are processed, transformed or refined for distribution to other than final consumers when such processing, transformation or refining represents a substantial increment in value as determined by the Oregon Business Development Department in consultation with the State Department of Agriculture. [Formerly 285.466; 1999 c.247 §4; 2007 c.804 §56; 2009 c.830 §71; 2012 c.73 §§1,2; 2016 c.116 §1] Note: 285B.200 to 285B.218 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 285B by legislative action. See Preface to Oregon Revised Statutes for further explanation.
OR Rev Stat § 285B.203 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.203 - Purpose of Credit Enhancement Fund.

The Legislative Assembly declares that it is the purpose of the Credit Enhancement Fund to: (1) Create incentives and assistance to increase the flow of private capital to the value-added agriculture industries. (2) Promote industrial modernization and technology adoption. (3) Encourage the retention and creation of family wage jobs. (4) Encourage the export of goods and services by Oregon businesses in international markets. (5) Encourage and promote the redevelopment of brownfields by providing assistance to perform environmental action on brownfield sites. [Formerly 285.468; 2001 c.96 §4; 2007 c.804 §57] Note: See note under 285B.200.
OR Rev Stat § 285B.206 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.206 - Duties of department; rules; application procedure; agreement contents.

(1) The Oregon Business Development Department shall develop a program under which the department, under contracts with financial institutions, shall provide loan guarantees, insurance, coinsurance in conjunction with other providers of loan guarantee programs or other forms of credit guarantees for qualified businesses for eligible project costs. (2) In administering the program created by ORS 285B.200 to 285B.218, the department shall consult and cooperate with financial institutions in this state. The program shall be administered so that administrative procedures and application procedures are as responsive to the needs of qualified businesses and financial institutions as practicable, consistent with prudent investment and lending practices and criteria. (3) The department shall prescribe by rule the loan or credit guarantee application procedure for a financial institution on behalf of a qualified business. (4) When the department approves a loan or credit guarantee, the department shall enter into a loan or credit guarantee agreement with the financial institution. The agreement shall specify: (a) The fee to be charged to the financial institution; (b) The evidence of debt assurance of, and security for, the loan or credit guarantee; (c) A loan guarantee or credit guarantee which does not exceed 15 years; and (d) Such other terms and conditions considered necessary or desirable by the department. [Formerly 285.474; 2007 c.804 §58; 2009 c.830 §72] Note: See note under 285B.200.
OR Rev Stat § 285B.209 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.209 - Fees and terms for loan and credit guarantees.

(1) When making loan or credit guarantees under the program established under ORS 285B.200 to 285B.218, the Oregon Business Development Department shall establish fees and other terms for loan or credit guarantees that are calculated to reasonably assure that businesses with access to other forms of private capital will find it economical not to participate in the program. (2) The department, with due regard for the possibility of losses and administrative costs, shall set fees and other terms at levels sufficient to reasonably assure that the program is self-financing. [Formerly 285.476; 2007 c.804 §59; 2009 c.830 §73] Note: See note under 285B.200.
OR Rev Stat § 285B.215 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.215 - Credit Enhancement Fund; uses; sources.

(1) There is established in the State Treasury, separate and distinct from the General Fund, the Credit Enhancement Fund. All moneys in the fund are continuously appropriated to the Oregon Business Development Department for the following purposes: (a) Payment of claims pursuant to contracts for loan or credit guarantees under ORS 285B.200 to 285B.218. (b) Payment of administrative costs of the department for actual and necessary administrative expenses incurred by the department in administering the fund and establishing and maintaining the program established under ORS 285B.200 to 285B.218. (c) Repayment of transfers of funds required or authorized by law. (d) Purchase or buyout of superior or prior liens, mortgages or security interests. (2) Moneys in the Credit Enhancement Fund shall consist of: (a) Moneys appropriated to the fund by the Legislative Assembly, including moneys derived from the Administrative Services Economic Development Fund. (b) Proceeds from collateral assigned to the department. (c) Interest earned on moneys in the fund. (d) Transfers of moneys to the fund. (e) Fees assessed for guarantees, as determined by the department. (f) Moneys from gifts. (g) Moneys from any grant made to the fund by any federal agency. (h) Proceeds of insurance provided by the Export-Import Bank of the United States or by any other provider of insurance for export transactions. [Formerly 285.471; 2007 c.804 §60; 2009 c.830 §74] Note: See note under 285B.200.
OR Rev Stat § 285B.218 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.218 - Pledge to assure repayment; transfer of funds to pay claims.

(1) The Oregon Business Development Department is authorized to pledge up to $75 million to assure the repayment of loan guarantees or other extensions of credit made to or on behalf of qualified businesses for eligible projects costs. (2) If the balances in the Credit Enhancement Fund are insufficient to cover any claims by financial institutions that arise from loan and credit guarantees made under ORS 285B.200 to 285B.218, the Oregon Department of Administrative Services is directed to transfer in the fiscal year as often as appropriate any funds from the Administrative Services Economic Development Fund to cover such principal, interest and claims, subject to the condition that no such transfer shall be made prior to the satisfaction of any constitutionally dedicated distribution, the allocation under ORS 391.130 to the Regional Light Rail Extension Construction Fund or any allocations related to the lottery bond program authorized by ORS 286A.560 (6)(a) or (b). [Formerly 285.481; 2007 c.804 §61; 2009 c.830 §75] Note: See note under 285B.200.
OR Rev Stat § 285B.230 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.230 - Local economic development strategy.

As used in ORS 285B.230 to 285B.266, unless the context requires otherwise, "local economic development strategy" is a long-term economic development strategy, updated as required by the Oregon Business Development Department, that focuses on the economic development priorities of each community or geographic region in the state. [Formerly 285.630; 1999 c.509 §47; 2003 c.773 §16; 2007 c.804 §62; 2009 c.830 §76]
OR Rev Stat § 285B.233 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.233 - Legislative findings; purpose.

(1) The Legislative Assembly finds that local economic development activities and initiatives are essential to the state’s long-term prosperity and that to be effective, local economic development strategies must have the coordinated support of available resources. (2) The Legislative Assembly declares that the purpose of ORS 285B.230 to 285B.266 is: (a) To encourage the development of local economic development strategies that address the economic development priorities of communities in or geographic regions of the state; (b) To identify and coordinate economic development priorities; (c) To ensure that economic development plans reinforce the long-term prosperity and livability of Oregon; (d) To effectively utilize available resources through a strategic program tied to the state’s economic development strategy; (e) To leverage and attract capital investment in Oregon communities; and (f) To coordinate private and public resources to support economic development. [Formerly 285.633; 1999 c.509 §48; 2003 c.773 §17; 2009 c.830 §77]
OR Rev Stat § 285B.236 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.236 - Guidelines for local economic development strategies; required provisions; rules.

(1) The Oregon Business Development Department by rule shall adopt guidelines for submission of local economic development strategies and distribution of funds. (2) The guidelines shall provide that the local economic development strategies are approved in accordance with criteria reflecting the economic benefits to the state. Each local economic development strategy must at a minimum set forth in measurable terms the extent to which the strategy will accomplish the economic development priorities of the community or geographic region, and the department’s performance standards. [Formerly 285.635; 1999 c.509 §49; 2003 c.773 §18; 2007 c.804 §63; 2009 c.830 §78]
OR Rev Stat § 285B.260 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.260 - Local Economic Opportunity Fund; uses; rules.

(1) There is created a Local Economic Opportunity Fund, separate and distinct from the General Fund, to consist of all moneys credited thereto, including moneys from the Administrative Services Economic Development Fund, and all interest earned on the Local Economic Opportunity Fund. The fund is continuously appropriated to the Oregon Business Development Department to be used for grants to implement ORS 280.518 and 285B.230 to 285B.266. (2) The department may use moneys in the Local Economic Opportunity Fund to pay for the administrative expenses of operating the local investment program under ORS 285B.230 to 285B.266. (3) The fund shall not be used to retire any debt, to reimburse any person or municipality for expenditures made or expenses incurred prior to the adoption of a local economic development strategy or to substitute for local government expenditures for existing and continuing public services. The department shall adopt rules to carry out the provisions of this subsection. (4) After consulting with representatives of communities or geographic areas, the department, by rule, shall adopt standards, objectives and criteria for the use and distribution of moneys in the Local Economic Opportunity Fund. (5) The Local Economic Opportunity Fund is created to provide a flexible funding source for financing those locally determined programs and projects that may not be eligible for financing through other state and federal funding sources. [Formerly 285.650; 1999 c.509 §56; 2003 c.773 §25; 2007 c.354 §15; 2007 c.804 §67; 2009 c.830 §79]
OR Rev Stat § 285B.266 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.266 - Strategic Reserve Fund; uses.

(1) There is created a Strategic Reserve Fund, separate and distinct from the General Fund, to consist of all moneys credited thereto, including moneys from the Administrative Services Economic Development Fund, and all interest earned on the Strategic Reserve Fund. The fund is continuously appropriated to the Oregon Business Development Department to be used to implement statewide strategies for economic development. (2) The fund shall not be used to retire any debt or, except upon approval of the Joint Ways and Means Committee or, if the Legislative Assembly is not in session, the Emergency Board, to pay administrative expenses of the department. Expenses that are project related shall not be considered to be administrative expenses of the department. (3) The department is directed to place particular emphasis on investments that assist communities, businesses or industries in cost-effective projects that assist the creation, expansion and preservation of the principal traded sector industries of Oregon and encourage diversification and preservation of regional economies. The fund shall be used to assist economic and community development projects of public entities, industry groups or businesses with significant long-term, regional or statewide economic impacts, to provide interim financing mechanisms to augment existing public or private sector programs or to analyze statewide, long-term economic issues and opportunities. [Formerly 285.653; 1999 c.509 §19; 2009 c.830 §80]
OR Rev Stat § 285B.280 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.280 - Definition of "traded sector."

As used in ORS 285B.280 to 285B.286, unless the context requires otherwise, "traded sector" means industries in which member firms sell their goods or services into markets for which national or international competition exists. [Formerly 285.765; 2005 c.835 §1]
OR Rev Stat § 285B.283 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.283 - Policy.

The Legislative Assembly declares that it is the policy of the State of Oregon: (1) Working with private firms, industry associations and others, to encourage cooperative sector-based strategies to promote industrial competitiveness. (2) That programs to develop particular industry sectors of this state’s economy, to the maximum extent feasible, include firms of all sizes. To promote that policy, the Oregon Business Development Department shall undertake efforts as are necessary to encourage representative participation by small firms under ORS 285B.280 to 285B.286. (3) To emphasize industry development in those sectors of the economy in which Oregon firms face national and international competition. (4) To provide an adequate supply of industrial and traded sector sites that are available for immediate development. [Formerly 285.767; 2003 c.800 §22; 2009 c.830 §81]
OR Rev Stat § 285B.286 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.286 - Entrepreneurial and industry development activities.

For traded sector industries, the Oregon Business Development Department shall undertake entrepreneurial and industry development activities that may include, but are not limited to, all of the following: (1) Focus groups and other meetings and related studies to identify traded sector industry members and issues of common concern within an industry. (2) State technical and financial support for formation of industry associations, publication of association directories and related efforts to create or expand the activities of industry associations. (3) Helping establish research consortia as well as partnering with universities and other research institutions to assist in the retention and recruitment of targeted industries. (4) Joint training and education programs and curricula related to the specific needs of traded sector industries. (5) Cooperative market and entrepreneurial development activities. (6) Analysis of the need, feasibility and cost for establishing product certification and testing facilities and services. (7) State technical and financial support to facilitate certification of sites as ready for development for traded sector industry. The support may include performing site assessments to determine the costs associated with development of individual sites. (8) Assistance to traded sector and cluster affiliated Oregon businesses and consortia in making investments that advance entrepreneurial and industry-related development activities or other identified competitiveness objectives of existing Oregon cluster businesses. (9) Assistance and support that promote regional economic development strategies fostering entrepreneurship and the development of targeted industry clusters in rural communities. (10) Subject to applicable policies and procedures, entering into agreements for grants or other assistance, including but not limited to direct purchase of goods or services related to entrepreneurial and industry development. [Formerly 285.770; 1999 c.509 §20; 2003 c.800 §23; 2009 c.830 §82; 2014 c.3 §1; 2015 c.84 §1]
OR Rev Stat § 285B.290 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.290 - Industry Competitiveness Fund; uses.

The Industry Competitiveness Fund is established in the State Treasury, separate and distinct from the General Fund. The Industry Competitiveness Fund shall consist of all moneys credited to the fund, including moneys from the Administrative Services Economic Development Fund. Interest earned by the Industry Competitiveness Fund shall be credited to the fund. Moneys in the fund are continuously appropriated to the Oregon Business Development Department to provide funds for activities outlined in ORS 285B.286. [2007 c.804 §71; 2009 c.830 §83] Note: 285B.290 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 285B or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
OR Rev Stat § 285B.320 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.320 - Purpose of ORS 285B.320 to 285B.371.

It is the purpose of ORS 285B.320 to 285B.371 to authorize the exercise of powers granted by ORS 285B.320 to 285B.371 by this state in addition to and not in lieu of any other powers it may possess. [Formerly 285.310; 1999 c.509 §29; 2001 c.680 §2; 2007 c.804 §72]
OR Rev Stat § 285B.323 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.323 - Definitions for ORS 285B.320 to 285B.371.

(1) As used in ORS 285B.320 to 285B.371, unless the context requires otherwise: (a) "Bond" or "revenue bond" means a revenue bond, as defined in ORS 286A.001. (b) "Capital asset" means real or personal property that the Oregon Business Development Commission expects to be: (A) Used in connection with a revenue-producing enterprise, an exempt facility or a nonprofit entity; and (B) Located in Oregon. (c) "Economic development project" means: (A) A capital asset. (B) Research and development conducted in Oregon. (C) Estimated operating expenses associated with a capital asset. (d) "Eligible project" means the portion of an economic development project that the commission: (A) Has found is in compliance with applicable standards of the commission; (B) Has found will produce substantial benefits in Oregon; and (C) Has approved for financing with proceeds of bonds authorized under ORS 285B.320 to 285B.371. (e) "Exempt facility" means any facility described in section 142(a) of the Internal Revenue Code of 1986, as amended and in effect as of July 1, 2011. (f) "Nonprofit entity" means an institution, organization or other entity exempt from taxation under section 501(c)(3) of the Internal Revenue Code of 1986, as amended and in effect as of July 1, 2011. (2) Notwithstanding the definition of "exempt facility" in subsection (1) of this section, if section 142(a) of the Internal Revenue Code of 1986 is amended or altered on or after July 1, 2011, the Oregon Business Development Department may adopt by rule a definition of "exempt facility" that is consistent with section 142(a) of the Internal Revenue Code of 1986 as amended or altered. (3) Notwithstanding the definition of "nonprofit entity" in subsection (1) of this section, if section 501(c)(3) of the Internal Revenue Code of 1986 is amended or altered on or after July 1, 2011, the department may adopt a definition of "nonprofit entity" that is consistent with section 501(c)(3) of the Internal Revenue Code of 1986 as amended or altered. [Formerly 285.315; 1999 c.509 §30; 2001 c.680 §3; 2007 c.804 §§73,90; 2009 c.830 §84; 2011 c.27 §1; 2012 c.59 §1]