2013 Oregon Revised Statutes
Volume : 13 - Water Resources, Agriculture and Food
Chapter 541 - Water Distributors; Water Releases; Conservation and Storage; Water Development Projects; Watershed Management and Enhancement
Section 541.606 - Water Investment Grant Fund.

(1) The Water Investment Grant Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Water Investment Grant Fund shall be credited to the Water Investment Grant Fund. Moneys in the Water Investment Grant Fund are continuously appropriated to the Water Resources Department to fund grants under ORS 541.631 and to pay the administrative costs of the department in operating a grant program under ORS 541.600 to 541.641 and sections 20, 25 and 26, chapter 907, Oregon Laws 2009.

(2) The Water Investment Grant Fund consists of the following:

(a) Moneys appropriated to the fund by the Legislative Assembly.

(b) Any moneys that may be transferred to the fund by the federal government, a state agency or a local government.

(c) Any bond proceeds authorized for deposit to the fund.

(d) Proceeds from grant application fees described in ORS 541.611.

(e) Gifts, grants or donations to the fund. Notwithstanding subsection (1) of this section, the department may use moneys received under this paragraph according to any terms and conditions of the gift, grant or donation.

(3)(a) Except as provided in paragraph (b) of this subsection, the department may make a grant for a qualifying project from the fund to:

(A) An Indian tribe as defined in ORS 391.802;

(B) A person as defined in ORS 536.007; or

(C) A for-profit or nonprofit cooperative.

(b) The department may not issue a grant from the fund to a municipality or a provider of water for municipal purposes. [2009 c.907 §16]

Note: 541.606 is repealed July 1, 2015. See section 40, chapter 784, Oregon Laws 2013.

Note: 541.606 was added to and made a part of ORS chapter 541 by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.