reglab/housing_qa huggingface dataset:
OR Rev Stat § 285B.109 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.109 - Definitions for ORS 285B.109 to 285B.119.

As used in ORS 285B.109 to 285B.119, unless the context requires otherwise: (1) "Brownfield" or "brownfields" has the meaning given that term in ORS 285A.185. (2) "Capital access program" means the program established by ORS 285B.109 to 285B.119. (3) "Environmental action" has the meaning given that term in ORS 285A.188. (4) "Financial institution" means a financial institution, as defined in ORS 706.008. (5) "Loss reserve account" means an account in the State Treasury or any financial institution that is established and maintained by the Oregon Business Development Department for the benefit of a financial institution participating in the capital access program. (6) "Qualified business" means any person, conducting business for profit or not for profit, that is authorized to conduct business in the State of Oregon. (7) "Qualified loan" means a loan or portion of a loan made by a financial institution to a qualified business for any business activity that has its primary economic effect in Oregon. The term does not include: (a) A loan for the purchase of owner-occupied residential housing or for the construction, improvement or purchase of residential housing owned or to be owned by the borrower. (b) A loan for purchase of real property that is not used for the business operations of the borrower. (c) A loan for the refinancing of an existing loan when and to the extent that the outstanding balance is not increased. [Formerly 285B.126]
OR Rev Stat § 285B.111 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.111 - Purpose of ORS 285B.109 to 285B.119.

It is the purpose of ORS 285B.109 to 285B.119 to establish a capital access program under which the State of Oregon will provide public fiscal resources to assist Oregon financial institutions to overcome obstacles and constraints in meeting the full range of economically sound financing needs of Oregon businesses. [Formerly 285B.129]
OR Rev Stat § 285B.113 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.113 - Contracts with financial institutions to participate in program; required contents; disclosure of information.

(1) The Oregon Business Development Department may contract with any financial institution for the purpose of allowing the financial institution to participate in the capital access program established by ORS 285B.109 to 285B.119. (2) A contract between the department and a financial institution under this section shall provide: (a) For the creation of a loss reserve account by the department for the benefit of the financial institution. (b) That the financial institution, qualified business and the department will deposit moneys to the credit of the institution’s loss reserve account when the financial institution makes a qualified loan to a qualified business. (c) That the department will pay moneys in the loss reserve account, not exceeding an amount equal to the total amount credited to the loss reserve account, to the financial institution to reimburse the institution for any financial loss incurred as a result of any qualified loan made under the capital access program established by ORS 285B.109 to 285B.119. (d) That the liability of the State of Oregon and the department to the financial institution under the contract is limited to the amount of money credited to the loss reserve account of the institution. (e) That the financial institution shall provide such information as the department may require, including financial information that is identifiable with, or identifiable from, the financial records of a particular customer who is the recipient of a qualified loan. (f) For such other terms as the department may require. (3) A financial institution is not subject to ORS 192.586 (1) when the financial institution provides information to the department as required by subsection (2)(e) of this section. [Formerly 285B.132]
OR Rev Stat § 285B.115 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.115 - Loss reserve accounts; policies; rules; moneys as property of state.

(1) The Oregon Business Development Department shall establish a loss reserve account for each financial institution with which the department makes a contract under ORS 285B.113. (2) The loss reserve account for a financial institution shall consist of moneys paid as fees by borrowers and the financial institution under ORS 285B.117 and moneys transferred to the account from the Capital Access Fund under ORS 285B.117. (3) Notwithstanding ORS chapter 293 or 295, the department may establish and maintain loss reserve accounts with any financial institution under such policies as the department may adopt. The department may establish rules to encourage financial institutions to participate in the capital access program. (4) All moneys in a loss reserve account established under ORS 285B.109 to 285B.119 are the property of the State of Oregon. [Formerly 285B.135]
OR Rev Stat § 285B.117 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.117 - Enrollment of qualified loan in program; notice to department; fees; transfers to loss reserve accounts; rules and limits for loans.

(1) When a financial institution participates in the capital access program, if the financial institution decides to enroll a qualified loan under the capital access program in order to obtain the protection against loss provided by its loss reserve account, the financial institution shall notify the Oregon Business Development Department of the loan within 30 days after the loan is made. The notification shall be in writing on a form prescribed by the department. (2) When making a qualified loan that will be enrolled under the capital access program, the financial institution shall require the qualified business to which the loan is made to pay a fee of not less than one and one-half percent of the principal amount of the loan but not more than three and one-half percent of such principal amount. The financial institution shall also pay a fee in an amount equal to the fee paid by the borrower. The financial institution shall deliver the fees collected under this subsection to the department for deposit in the loss reserve account for the institution. (3) When depositing fees collected under subsection (2) of this section to the credit of the loss reserve account for a financial institution, the department shall transfer an amount that is not less than the total amount of the fees paid by the borrower and the financial institution from the Capital Access Fund to the loss reserve account for the institution. (4) Notwithstanding subsections (1) to (3) of this section, the department may adopt rules providing that, for qualified loans to businesses in distressed areas or for use in an environmental action on brownfields, the department may transfer an amount that is not less than 150 percent of the total amount of the fees paid by the borrower and the financial institution from the Capital Access Fund to the loss reserve account of the institution. The total amount transferred under this section may not exceed 40 percent of the moneys appropriated to the fund. For purposes of this subsection, "distressed areas" shall have the meaning given that term by the department by rule. [Formerly 285B.138]
OR Rev Stat § 285B.118 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.118 - Claims for reimbursement of losses; reimbursable costs; repayment to loss reserve account.

(1) The Oregon Business Development Department shall establish procedures under which financial institutions participating in the capital access program established by ORS 285B.109 to 285B.119 may submit claims for reimbursement for losses incurred as a result of qualified loan defaults. (2) Costs for which a financial institution may be reimbursed from its loss reserve account include loan principal, accrued interest on the principal, actual and necessary costs of seeking recovery of the principal amount and interest thereon and any other related costs. (3) A financial institution may seek reimbursement of loan losses prior to the liquidation of collateral from defaulted loans. The financial institution shall repay its loss reserve account for any moneys received as reimbursement under this section if the financial institution recovers moneys from the borrower or from the liquidation of collateral for the defaulted loan. [Formerly 285B.141]
OR Rev Stat § 285B.119 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.119 - Capital Access Fund; investment; retrieval of interest; administrative expenses.

(1) There is established in the State Treasury, separate and distinct from the General Fund, the Capital Access Fund. All moneys in the fund are continuously appropriated to the Oregon Business Development Department for the purpose of making payments to loss reserve accounts established under ORS 285B.109 to 285B.119. (2) Moneys in the Capital Access Fund, with the approval of the State Treasurer, may be invested as provided by ORS 293.701 to 293.857, and the earnings from such investment shall be credited to the Capital Access Fund. (3) The Capital Access Fund shall consist of: (a) Moneys appropriated to the fund by the Legislative Assembly. (b) Interest earned on moneys in the fund. (c) Moneys returned to the fund from loss reserve accounts or other sources. (4) If the department deems retrieval of interest earned on loss reserve accounts appropriate, the department may transfer into the fund up to 50 percent of the interest earned on moneys in loss reserve accounts. (5) The department may charge administrative costs to the fund to pay for actual and necessary administrative expenses incurred by the department in administering the fund and establishing and maintaining loss reserve accounts under ORS 285B.109 to 285B.119. [Formerly 285B.147]
OR Rev Stat § 285B.120 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.120 - Oregon Small Business Development Act.

ORS 271.510, 271.520, 285B.092, 285B.123, 285B.165 to 285B.171, 285B.320 to 285B.326, 285B.335, 285B.341, 285B.344, 285B.350, 285B.365, 285B.371, 657.471, 659A.015 and 777.250 shall be known as the Oregon Small Business Development Act of 1983. [Formerly 285.500]
OR Rev Stat § 285B.123 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.123 - Purpose.

(1) The purpose of the Oregon Small Business Development Act of 1983 is to encourage and assist the development and continued growth of small business in this state. (2) As used in the Oregon Small Business Development Act of 1983, "small business" means a business having 100 or fewer employees. [Formerly 285.503; 2007 c.804 §16]
OR Rev Stat § 285B.126 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.126

[Formerly 285.507; 2007 c.804 §50; 2009 c.830 §62; renumbered 285B.109 in 2009]
OR Rev Stat § 285B.129 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.129

[Formerly 285.510; 2007 c.804 §51; renumbered 285B.111 in 2009]
OR Rev Stat § 285B.132 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.132

[Formerly 285.513; 2007 c.804 §52; 2009 c.830 §63; renumbered 285B.113 in 2009]
OR Rev Stat § 285B.133 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.133 - Small Business Expansion Loan Fund; purposes; sources of moneys; special transfers to and from fund.

(1) The Small Business Expansion Loan Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Small Business Expansion Loan Fund shall be credited to the fund. All moneys in the fund are continuously appropriated to the Oregon Business Development Department for the following purposes: (a) Payment of loans to applicants approved under ORS 285B.130. (b) Payments to local development groups for the purposes of this section. A payment under this paragraph may not exceed one percent of the principal loan amount from which payment is required under ORS 285B.130 (5)(b). (c) Administrative costs of the department incurred in marketing the loan program, processing loan applications, investigating eligibility of applicants and servicing outstanding loans. (2) The Small Business Expansion Loan Fund consists of: (a) Fees collected by the department under ORS 285B.130; (b) Payments required under ORS 285B.130 (5)(b); (c) Moneys repaid by recipients of loans from the fund, including interest on those moneys and other receipts; (d) Moneys appropriated to the fund by the Legislative Assembly; (e) Moneys transferred to the fund by the Oregon Business Development Commission from the Oregon Business Development Fund pursuant to subsection (3) of this section; (f) Income earned on moneys in the Small Business Expansion Loan Fund; (g) Moneys transferred to the fund from the federal government, other state agencies or local governments; and (h) Any gifts or donations made to the State of Oregon for deposit in the fund. (3) The Oregon Business Development Commission may transfer moneys credited to the Oregon Business Development Fund created under ORS 285B.092 to the Small Business Expansion Loan Fund established under this section when the commission determines that the transfer is reasonable and financially appropriate and would not impair the making of loans under ORS 285B.050 to 285B.098. Moneys transferred under this subsection shall be used by the Oregon Business Development Department for the purpose of making loans under ORS 285B.130. (4) Notwithstanding any other provision of law, if at any time there are insufficient funds in established business finance programs, the department may direct the transfer of unobligated funds from the Small Business Expansion Loan Fund. [2018 c.71 §§2,3] Note: See note under 285B.130.
OR Rev Stat § 285B.135 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.135

[Formerly 285.515; 2003 c.167 §7; 2007 c.804 §53; 2009 c.830 §64; renumbered 285B.115 in 2009]
OR Rev Stat § 285B.138 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.138

[Formerly 285.517; 2007 c.804 §54; 2009 c.830 §65; renumbered 285B.117 in 2009]
OR Rev Stat § 285B.141 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.141

[Formerly 285.520; 2009 c.830 §66; renumbered 285B.118 in 2009]
OR Rev Stat § 285B.147 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.147

[Formerly 285.527; 2007 c.804 §55; 2009 c.830 §67; renumbered 285B.119 in 2009]
OR Rev Stat § 285B.165 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.165 - Purpose of ORS 285B.165 to 285B.171.

The purpose of ORS 285B.165 to 285B.171 is to establish and sustain a statewide network of small business development centers. [Formerly 285.540; 2001 c.148 §3; 2007 c.804 §17]
OR Rev Stat § 285B.168 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.168 - Grants; application; required provisions; authorized uses; eligibility; subcontracts; report.

(1) The Oregon Business Development Department may make grants available to a community college district, a community college service district or, with the concurrence of the executive director of the Higher Education Coordinating Commission, a public university listed in ORS 352.002 to assist in the formation, improvement and operation of small business development centers. If a community college district, a community college service district or a public university is unable to adequately provide services in a specific geographic area, the department may make grants available to other service providers as determined by the department. The grant application shall include: (a) Plans for providing small business owners and managers individual counseling, to the greatest extent practicable, in subject areas critical to small business success; (b) A budget for the year for which a grant is requested, including cost apportionment among the department, small business clients, the community college, the public university or other service providers and other sources; (c) A plan for evaluating the effect of the program on small business clients served; and (d) A plan for providing collaboration with state agencies, state-supported organizations and private sector entities that provide services to small businesses. (2) The grants made under subsection (1) of this section are to be used by the grant recipient to provide: (a) Small business development center staff and support staff; (b) Expert resource persons from the business community; (c) Outreach and marketing for small business development centers; (d) Training and business resources as approved by the department in skill areas for which, or areas of the state where, the grant recipient can demonstrate it does not otherwise have the capacity or expertise to provide the resources; and (e) Costs related to providing training, counseling and business resources to small business clients. (3) To be eligible for a grant under subsection (1) of this section, the recipient shall be required to provide funds, in-kind contributions or some combination of funds and contributions, in accordance with rules adopted by the department. (4) Subject to the approval of the department, a grant recipient may subcontract funds received under this section to any other entity that is eligible to receive funding under this section. (5) The grant recipient shall submit a final report to the department after the distribution of grant funds and the delivery of services to the proposed business clients. The report shall state whether the plan and related budget have met the applicable criteria as described in the recipient’s application for the grant period. [Formerly 285.543; 2001 c.148 §4; 2003 c.773 §15; 2007 c.804 §18; 2009 c.830 §68; 2011 c.637 §93; 2013 c.747 §35; 2017 c.201 §1]
OR Rev Stat § 285B.169 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.169 - Centers to collaborate with state agencies and private sector.

The statewide network of small business development centers established under ORS 285B.165 to 285B.171 shall, whenever practicable, collaborate with state agencies, state-supported organizations and private sector entities that provide services to small businesses to: (1) Refer small businesses that could benefit from the services offered by the small business development center network to small business development centers in the counties or regions where the small business development centers are located; (2) Use small business development centers for training and business outreach to small businesses; (3) Coordinate trainings to reduce multiple and repeat stops and inquiries for small businesses with common interests; (4) Inform small businesses of training opportunities that would not otherwise have been accessed or available; and (5) Reach target populations by advertising or otherwise distributing information through small business development centers. [2017 c.201 §3]
OR Rev Stat § 285B.171 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.171 - Short title.

ORS 285B.165 to 285B.171 shall be known and may be cited as the "Small Business Training Assistance Act." [Formerly 285.547]
OR Rev Stat § 285B.174 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.174 - Programs to assist businesses in procuring government contracts and grants.

In cooperation with other state agencies and private organizations, public universities listed in ORS 352.002 and community colleges may develop programs to assist Oregon businesses with the procurement of government contracts and grants. Small business development centers established under ORS 285B.165 to 285B.171 may assist with these programs. [Formerly 285.550; 2001 c.148 §5; 2007 c.804 §19; 2011 c.637 §94]
OR Rev Stat § 285B.178 (2021)
2021 Oregon Revised Statutes|Volume : 07 - Public Facilities and Finance|Chapter 285B - Economic Development II|Section 285B.178 - Definitions for Microenterprise Development Act.

As used in this section and ORS 285B.179: (1) "Local microenterprise support organization" means a community development corporation, a nonprofit development organization, a nonprofit social services organization or another locally operated nonprofit entity that provides services to disadvantaged entrepreneurs. (2) "Low income" means income adjusted for family size that does not exceed: (a) For metropolitan areas, 80 percent of median income; or (b) For nonmetropolitan areas, the greater of 80 percent of the area median income or 80 percent of the statewide nonmetropolitan area median income. (3) "Microenterprise" has the meaning given that term under 15 U.S.C. 6901, as amended and in effect on June 30, 2007. If 15 U.S.C. 6901 is amended or altered on or after July 1, 2007, the Oregon Business Development Department may adopt by rule a definition of "microenterprise" to give the term the meaning given in 15 U.S.C. 6901 as amended or altered. (4) "Microentrepreneur" means an individual conducting a microenterprise. (5) "Microlending" means the practice of lending moneys to microenterprises or microentrepreneurs. (6) "Statewide microenterprise support organization" means a community development corporation, a nonprofit development organization, a nonprofit social services organization or another nonprofit entity that serves as an intermediary between the department and local microenterprise support organizations. (7) "Training and technical assistance" means services and support offered to microenterprises and microentrepreneurs. "Training and technical assistance" includes, but is not limited to, services to enhance business development, asset building, business planning, marketing, management skills and access to financial services. (8) "Very low income" means income adjusted for family size that does not exceed 150 percent of the poverty level determined under 42 U.S.C. 9902, as amended and in effect on June 30, 2007. If 42 U.S.C. 9902 is amended or altered on or after July 1, 2007, the department may adopt by rule the standard for determining the federal poverty level under 42 U.S.C. 9902 as amended or altered. [2001 c.419 §2; 2007 c.804 §20; 2009 c.830 §69]