Or. Admin. R. 123-400-0040 - [Effective until 11/25/2024] Project Requirements
(1) To be approved
and funded, an application must propose a project that includes permitted
program grant and loan uses of Funds as provided by Section 1(3)(a), chapter
25, Oregon Laws 2023. That is, a proposed project must request program grant or
loan proceeds to be used solely for:
(a)
Research and development with respect to semiconductors or advanced
manufacturing; or
(b) Partnering
with institutions of higher education, local workforce boards, groups and other
programs, consistent with examples under section 1(3)(a)(B)(iii), chapter 25,
Oregon Laws 2023, for the purpose of workforce development and the creation of
training, registered apprenticeship and internship opportunities, with respect
to semiconductors or advanced manufacturing; or
(c) Development of a site for a facility or
development of site for other advanced manufacturing, which may include but is
not limited to:
(A) Acquisition and
aggregation of land of a site, whether improved or not;
(B) Expansion, improvement, construction,
modernization, demolition or redevelopment of buildings, structures or
utilities;
(C) Acquisition and
installation of machinery, tools, and equipment; or
(D) Training or other workforce development
specific to facility operations or operations of an advanced manufacturing
site, which may also include subsection (b) of this section.
(2) While other
advanced manufacturing projects are eligible as provided in section (1) above,
the Department and the Governor will give preference to projects directly
related to the federal semiconductor financial assistance program.
(3) Proposed projects in an application to be
funded by program grant or loan proceeds must provide for new investments,
rather than existing investments or property. Determinations of whether a
proposed project is a new investment or is an ineligible existing project will
be determined by the Department, in its sole discretion. In addition, grant or
loan proceeds may not be used for costs incurred prior to April 13,
2023.
Notes
Statutory/Other Authority: ORS 285A.075 & OR Laws 2023 ch. 25 §§3
Statutes/Other Implemented: OR Laws 2023 ch. 25 §§3
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