2011 Oregon Revised Statutes
ORS Volume 7, Chapters 261- 304
ORS Chapter 285c
285C.639 Shared Services Fund.
(1) The Shared Services Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Shared Services Fund shall be credited to the Shared Services Fund.
(2) All moneys in the Shared Services Fund are continuously appropriated to the Oregon Department of Administrative Services, for the purpose of making distributions described in subsection (3) of this section.
(3) The department shall annually distribute to taxing districts the moneys from the Shared Services Fund:
(a) In proportion to the amount of money transferred into the fund for each eligible project that received a property tax exemption under ORS 307.123; and
(b) Consistent with the distribution of the community services fee under ORS 285C.609 for that project.
(4) The department shall furnish the Oregon Business Development Commission with information on the recipients of the distributions and the amounts distributed under this section, as requested by the commission. [2007 c.905 4]
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