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2019 Oregon Revised Statutes
Volume : 15 - Water Resources, Agriculture and Food
Chapter 541 - Water Distributors; Water Releases; Conservation and Storage; Water Development Projects; Watershed Management and Enhancement
Section 541.576 - Water Conservation, Reuse and Storage Investment Fund.
Universal Citation: OR Rev Stat § 541.576 (2019)
(1) The Water Conservation, Reuse and Storage Investment Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Water Conservation, Reuse and Storage Investment Fund shall be credited to the General Fund. Moneys in the Water Conservation, Reuse and Storage Investment Fund are continuously appropriated to the Water Resources Department to award grants and to pay the cost of direct services provided under ORS 541.561.
(2) The Water Conservation, Reuse and Storage Investment Fund shall consist of:
(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; and
(c) Grant repayments, if any. [2008 c.13 §3]
Note: See note under 541.561.
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