Oregon Revised Statutes Chapter 470 § 470.570 — Energy
Oregon Revised Statutes Chapter 470 ·
Oregon Code § 470.570·Enacted ·Last updated March 01, 2026
Statute Text
Energy
Project Supplemental Fund; sources; uses.
(1) The Energy Project Supplemental Fund is
established in the State Treasury, separate and distinct from the General Fund.
Interest earned by the Energy Project Supplemental Fund shall be credited to
the Energy Project Supplemental Fund.
(2) The Energy
Project Supplemental Fund shall consist of any moneys received for purposes of
the energy efficiency and sustainable technology loan program or for small
scale local energy program loans other than moneys deposited to:
(a) The Small
Scale Local Energy Project Loan Fund.
(b) The Small
Scale Local Energy Project Administration and Bond Sinking Fund.
(c) The Energy
Project Bond Loan Fund.
(d) The Jobs,
Energy and Schools Fund, except that Jobs, Energy and Schools Fund moneys used
to offset the energy efficiency and sustainable technology loan or small scale
local energy program loan repayment obligation of a borrower shall be deposited
to the Energy Project Supplemental Fund.
(e) The Energy
Revenue Bond Repayment Fund.
(3) Moneys in the
Energy Project Supplemental Fund are continuously appropriated to the State
Department of Energy for the following purposes:
(a) To provide
funding, separately or in conjunction with moneys from the Small Scale Local
Energy Project Loan Fund and the Energy Project Bond Loan Fund, for energy
efficiency and sustainable technology loans and small scale local energy
program loans;
(b) For transfer
to the Energy Revenue Bond Repayment Fund, to the extent that moneys available
in the Energy Project Bond Loan Fund are insufficient to provide the amount
determined prudent by the Director of the State Department of Energy under ORS
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 470.570
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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