Oregon Business Development Department
Chapter 123
Division 90
STRATEGIC RESERVE FUND
123-090-0030
Ineligible Expenditures
Strategic Reserve Funds will not be used to assist:
(1) Relocation of a business from one part of the state to another, except for businesses that would otherwise relocate outside Oregon. This restriction may be waived if the Director finds there is good and sufficient reason.
(2) The retirement or service of debt for any public or private entity; or
(3) The Department with any administrative expenses without legislative authorization.
Statutory/Other Authority: ORS 285A.075
Statutes/Other Implemented: ORS 285B.266
History:
EDD 29-2009, f. 12-31-09, cert. ef. 1-1-10
EDD 7-2000, f. & cert. ef. 4-11-00
EDD 23-1990, f. & cert. ef. 8-17-90
EDD 20-1990(Temp), f. & cert. ef. 6-28-90
EDD 6-1990(Temp), f. & cert. ef. 3-15-90
EDD 29-1988, f. & cert. ef. 8-30-88
EDD 26-1988(Temp), f. & cert. ef. 7-13-88