Or. Admin. Code § 123-400-0040 - 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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