Oregon Code § 468.449·Enacted ·Last updated March 01, 2026
Statute Text
Zero-Emission Incentive Fund; rules.
(1) The Zero-Emission Incentive Fund is established in the State Treasury,
separate and distinct from the General Fund. Interest earned by the
Zero-Emission Incentive Fund shall be credited to the fund.
(2) Moneys in the
Zero-Emission Incentive Fund shall consist of:
(a) Amounts
donated to the fund;
(b) Amounts
transferred to the fund by the Department of Revenue under ORS 320.435;
(c) Amounts
appropriated or otherwise transferred to the fund by the Legislative Assembly;
(d) Other amounts
deposited in the fund from any public or private source; and
(e) Interest
earned by the fund.
(3) The
Department of Environmental Quality shall encourage gifts, grants, donations or
other contributions to the fund.
(4) Moneys in the
fund are continuously appropriated to the department to be used to carry out
the provisions of ORS 468.442 to 468.449.
(5)(a) No more
than 10 percent of the moneys deposited in the fund per biennium may be
expended to pay administrative expenses incurred in the administration of ORS