2013 Oregon Revised Statutes
Volume : 11 - Public Health, Housing, Environment
Chapter 469 - Energy; Conservation Programs; Energy Facilities
Section 469.962 - Alternative Fuel Vehicle Revolving Fund; uses; loan program.
(1) The State Department of Energy shall use the moneys in the Alternative Fuel Vehicle Revolving Fund for a loan program to provide loans to public bodies and tribes to:
(a) Assist in the purchase of new alternative fuel vehicles by providing funding for the additional cost of purchasing alternative fuel vehicles as compared to vehicles that are not alternative fuel vehicles; and
(b) Convert existing vehicles that use gasoline or diesel to alternative fuel vehicles.
(2) Funding priority under subsection (1) of this section must be given to vehicle conversions.
(3) The department may also use the moneys in the Alternative Fuel Vehicle Revolving Fund to pay the expenses of the department in administering the Alternative Fuel Vehicle Revolving Fund and the loan program and any other costs incurred by the department in carrying out the provisions of ORS 469.960 to 469.966. [2013 c.774 §3]
Note: See note under 469.960.
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