In addition to the disbursement of program grants and loan
proceeds or other purposes allowable under sections 1 to 6, chapter 25, Oregon
Laws 2023, moneys from the Fund may be used, as determined by the Governor or
the Department, to pay for:
(1)
Administrative costs including but not limited to:
(a) Issuing application materials, as well as
education about the process;
(b)
Processing and reviewing applications;
(c) Drafting and negotiating agreements and
application assistance grants;
(d)
Implementing reporting and compliance procedures, including but not limited to
accounting for and estimating State and Local Revenue;
(e) Managing grant or loan awards from
initiation to closing;
(f)
Conducting enforcement activities for Program noncompliance, including
repayment collection activities; and
(g) Procuring consulting, legal or other
services for conducting the activities described in this section.
(2) Administrative and other costs
of the Governor in carrying out section 10, chapter 25, Oregon Laws
2023.
(3) Paying the actual costs
incurred by the Department to develop, administer, and carry out sections 1 to
4, chapter 81, Oregon Laws 2024, including administering the CHIPS Child Care
Fund and a program to provide financial support and childcare
subsidies.
(4) Financial assistance
for National Semiconductor Technology Center ("NSTC") projects established
pursuant to the federal program provided by
15 U.S.C.
4656(c). Financial
assistance for NSTC projects are exempt from the return on investment
requirements (state and local revenue or job creation) described in these
administrative rules.
Notes
Or. Admin. Code §
123-400-0100
OBDD
32-2023, adopt filed 11/27/2023, effective
11/29/2023;
OBDD
11-2024, temporary amend filed 05/30/2024, effective
5/30/2024 through
11/25/2024;
OBDD
1-2025, amend filed 01/16/2025, effective
1/16/2025
Statutory/Other Authority: ORS
285A.075, OR Laws 2023 Ch. 25
§1, OR Laws 2023 Ch. 25 §6, OR Laws 2023 Ch. 25 §8 & OR Laws 2023 Ch. 25
§8b
Statutes/Other Implemented: OR Laws 2023 Ch. 25 §1, OR Laws
2023 Ch. 25 §6, OR Laws 2023 Ch. 25 §8 & OR Laws 2023 Ch. 25
§8b
