Oregon Revised Statutes Chapter 461 § 461.540 — Administrative Services Economic Development Fund

Administrative Services Economic Development Fund. (1) There is established in the General Fund of the State Treasury the Administrative Services Economic Development Fund. All moneys transferred from the State Lottery Fund, interest earnings credited to this fund and other moneys authorized to be transferred to this fund from whatever source are appropriated continuously for any of the following public purposes: (a) Creating jobs; (b) Furthering economic development in Oregon; or (c) Financing public education. (2) Moneys shall be transferred from the Administrative Services Economic Development Fund to: (a) The Education Stability Fund established under ORS 348.696 as described in section 4, Article XV of the Oregon Constitution; and (b) The School Capital Matching Fund established under ORS 286A.806 as described in section 4, Article XI-P of the Oregon Constitution. (3) As used in this section and section 4, Article XV of the Oregon Constitution: (a) “Creating jobs” includes, but is not limited to: (A) Supporting the creation of new jobs in Oregon; (B) Helping prevent the loss of existing jobs in Oregon; (C) Assisting with work transition to new jobs in Oregon; or (D) Training or retraining workers. (b) “Education” includes, but is not limited to, the Education Stability Fund established under ORS 348.696 and specific programs that support the following: (A) Prekindergartens; (B) Elementary and secondary schools; (C) Community colleges; (D) Higher education; (E) Continuing education; (F) Workforce training and education programs; or (G) Financial assistance to Oregon students. (c) “Furthering economic development” includes, but is not limited to, providing: (A) Services or financial assistance to for-profit and nonprofit businesses located or to be located in Oregon; (B) Services or financial assistance to business or industry associations to promote, expand or prevent the decline of their businesses; or (C) Services or financial assistance for facilities, physical environments or development projects, as defined in ORS 285B.410, that benefit Oregon’s economy. [1985 c.302 §7(7); 1995 c.12 §7; 2002 s.s.3 c.6 §18; 2005 c.835 §27; 2009 c.872 §3; 2011 c.699 §8] (Outdoor School Education Fund) Note: The Act that comprises sections 1 to 4, chapter 2, Oregon Laws 2017 (Ballot Measure 99 (2016)), was proposed by initiative petition and was approved by the people at the regular general election on November 8, 2016. The leadlines for sections 1, 3 and 4, chapter 2, Oregon Laws 2017, were enacted as part of Ballot Measure 99 and were not provided by Legislative Counsel. Legislative Counsel has standardized the paragraph indents but has not otherwise adjusted the format of the text that was approved by the people. Note: Sections 1 to 4, chapter 2, Oregon Laws 2017, provide: Section 1. Findings (1) Since the late 1950s, nearly one million Oregon students have attended Outdoor School, a unique week-long, field science program giving students the opportunity to study natural sciences and responsible use of natural resources in collaboration with students from other schools. (2) Currently, only about half of Oregon students attend Outdoor School. Most remaining programs have been significantly shortened. Rural and lower income districts have been particularly affected. (3) Every Oregon student in the fifth or sixth grade should have the opportunity to attend a week-long outdoor school program or a comparable outdoor education program. (4) Outdoor School builds self-sufficiency and leadership skills, helps students understand the interdependence of Oregon’s rural and urban areas, develops critical thinking skills and improves school attendance and retention rates. (5) Fully supporting Outdoor School for all Oregon students will help students meet state standards in the areas of science, technology, engineering and mathematics through direct, hands-on experience, which is shown to strongly influence learning and career choices. (6) Fully supporting Outdoor School for all Oregon students will create jobs throughout Oregon as well as support economic development in rural areas. (7) Under Article XV, Section 4 of the Oregon Constitution, net proceeds from the Oregon Lottery shall be used to create jobs, further economic development, finance public education and restore and protect Oregon’s parks, beaches, watersheds, and native fish and wildlife. [2017 c.2 §1] Sec. 2. (1) The Outdoor School Education Fund is created within the State Treasury, separate and distinct from the General Fund. (2) Moneys in the Outdoor School Education Fund shall consist of: (a) Amounts donated to the fund; (b) Amounts allocated under subsection (3) of this section or otherwise transferred to the fund by the Legislative Assembly; (c) Investment earnings received on moneys in the fund; and (d) Other amounts deposited in the fund from any source. (3) In each fiscal quarter,