2021 Oregon Revised Statutes
Chapter 284 - Organizations for Economic Development
Section 284.706 - Oregon Innovation Council; members; powers and duties; compensation and expenses.


(a) The Governor or the Governor’s designated representative, who shall be chairperson of the council.
(b) Seven members appointed by the Governor who are experienced entrepreneurs or investors or are engaged in the operations of Oregon traded sector industries or Oregon growth businesses.
(c) Two members appointed by the Governor who represent Oregon-based higher education. Members may include a representative of an Oregon-based, generally accredited community college, a public university listed in ORS 352.002, Oregon Health and Science University or an Oregon-based, generally accredited, not-for-profit private institution of higher education.
(d) A member of the Oregon Growth Board, appointed by the board, who is experienced in making direct investments in new growth-based companies.
(e) A private sector member of the State Workforce and Talent Development Board.
(f) The Director of the Oregon Business Development Department or a designee of the director.
(g) The executive director of the Higher Education Coordinating Commission.
(h) The State Treasurer.
(2)(a) The Speaker of the House of Representatives shall appoint two members to the council who are members of the House of Representatives.
(b) The President of the Senate shall appoint two members to the council who are members of the Senate.
(c) Members of the Legislative Assembly appointed to the council are nonvoting members and may act in an advisory capacity only.
(3) The presiding officer of the Oregon Business Development Commission shall serve as an ex officio, nonvoting member of the council.
(4) The term of office of each appointed voting member of the council is three years, but an appointed member serves at the pleasure of the appointing authority. Before the expiration of the term of an appointed voting member, the appointing authority shall appoint a successor whose term begins on July 1 next following. An appointed member is eligible for reappointment for two additional terms. If there is a vacancy for any cause, the appointing authority shall make an appointment to become immediately effective for the remainder of the unexpired term.
(5) A majority of the actual membership of the council at the time of a meeting constitutes a quorum for the transaction of business.
(6) Official action by the council requires the approval of a majority of the actual membership of the council at the time of the meeting.
(7) The council shall meet at least four times per fiscal year at a place, day and time determined by the chairperson. The council may also meet at other times and places specified by a call of the chairperson or by written request of a majority of the voting members of the council.
(8) The council may adopt rules necessary for the operation of the council.
(9) The council shall establish an audit committee that shall monitor performance of council contracts and of any grant agreement for an amount in excess of $150,000.
(10) The council may establish other committees and delegate to the committees duties as the council considers desirable.
(11) The Oregon Business Development Department shall provide staff support to the council.
(12) Members of the council who are members of the Legislative Assembly are entitled to compensation and expense reimbursement as provided in ORS 171.072.
(13) Members of the council who are not members of the Legislative Assembly are entitled to compensation and expenses incurred by them in the performance of their official duties in the manner and amounts provided for in ORS 292.495. Claims for compensation and expenses of members of the council who are public officers shall be paid out of funds appropriated to the public agency that employs the member. Claims for compensation and expenses of members of the council who are not public officers shall be paid out of funds appropriated to the Oregon Business Development Department for that purpose.
(14) All agencies of state government, as defined in ORS 174.111, are directed to assist the council in the performance of its duties and, to the extent permitted by laws relating to confidentiality, to furnish such information and advice as the members of the council consider necessary to perform their duties. [2005 c.748 §2; 2007 c.804 §85; 2011 c.272 §13; 2011 c.610 §2; 2012 c.90 §§21,31; 2013 c.230 §§4,5; 2013 c.732 §7; 2013 c.747 §206; 2013 c.768 §177; 2015 c.196 §1; 2015 c.682 §9; 2017 c.297 §42; 2017 c.532 §14; 2019 c.131 §2]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 07 - Public Facilities and Finance

Chapter 284 - Organizations for Economic Development

Section 284.101 - Definitions for ORS 284.101 to 284.148.

Section 284.104 - Legislative findings.

Section 284.107 - Oregon Tourism Commission; qualifications; confirmation; term; compensation and expenses; officers; quorum.

Section 284.111 - Duties of commission; marketing plan; rules.

Section 284.118 - Commission exempt from certain financial administration laws; contracts with state agencies for services; personnel policies and contracting and purchasing procedures.

Section 284.122 - Authority of commission.

Section 284.126 - Budget; financial records and statements.

Section 284.131 - Commission account; disposition of moneys; exemption from expenditure limitations.

Section 284.138 - Matching grant program; purposes; amount.

Section 284.142 - Executive director.

Section 284.148 - Annual report to Legislative Fiscal Officer regarding transient lodging tax funds.

Section 284.300 - Definitions for ORS 284.300 to 284.375.

Section 284.305 - Oregon Film and Video Office; status; continuing state obligation to support office.

Section 284.315 - Film and Video Board; appointment; qualifications; term; meetings; compensation.

Section 284.335 - Duties of director; contracts; prior approval by board for certain actions; biennial report; rules.

Section 284.345 - Duties of office.

Section 284.355 - Powers of office; fees.

Section 284.365 - Deposit of office moneys in depository account; investment of moneys; payment of expenses; biennial budget; public hearing; expenditures exempt from state expenditure limitations; accounting requirements.

Section 284.367 - Oregon Production Investment Fund; source of moneys in fund; uses of moneys.

Section 284.368 - Reimbursement from fund; maximum amounts allowable; additional payment; verification of eligible expenses; rules.

Section 284.372 - Diversity, equity and inclusion policy.

Section 284.375 - Applicability of other laws.

Section 284.545 - Legislative findings.

Section 284.555 - Economic Revitalization Team; regulatory efficiency group; membership; purpose; reports.

Section 284.560 - Duties of team.

Section 284.570 - Development of state economic development strategy; advisory committee; rules; focus of strategy.

Section 284.575 - Duties of Department of Transportation related to state economic development strategy.

Section 284.577 - State and local cooperation to provide industrial, commercial and retail development sites; implementation of state economic development strategy; rules.

Section 284.580 - Role of local governments in implementation of state economic development strategy.

Section 284.585 - Assistance to local governments; site assessment methodology.

Section 284.590 - Legislative findings.

Section 284.592 - Definitions for ORS 284.590 to 284.597.

Section 284.594 - Pacific Northwest Manufacturing Partnership Advisory Committee; duties.

Section 284.597 - Regional collaboration regarding manufacturing economic development; proposals for federal funds; authority to enter into agreements.

Section 284.701 - Definitions for ORS 284.701 to 284.749.

Section 284.706 - Oregon Innovation Council; members; powers and duties; compensation and expenses.

Section 284.711 - Duty to advise; distribution of moneys; fees.

Section 284.715 - State plan for innovation and economic competitiveness.

Section 284.720 - Oregon Innovation Fund.

Section 284.735

Section 284.740 - Oregon Innovation Council signature research centers.

Section 284.742 - Grants, loans and equity investments for innovation-based economic development; contracts to manage equity investments; fees; rules.

Section 284.745 - Definitions for ORS 284.745 to 284.749.

Section 284.746 - Revenue bonds for financing innovation-based economic development; issuance; use of proceeds; nature of revenue bonds; bondholders’ liens; statute as contract with bondholders; powers of council.

Section 284.747 - Oregon Innovation Bond Fund.

Section 284.748 - Oregon Innovation Debt Service Fund.

Section 284.749 - Oregon Innovation Bond Administration Fund.

Section 284.751 - Regional collaboration among universities and Oregon Solutions Network; authority to contract; rules.

Section 284.752 - Definitions for ORS 284.752 to 284.754.

Section 284.753 - Grant, loan and incentive programs; state agencies to apply regional priorities in project funding decisions; factors to consider.

Section 284.754 - Regional Solutions Program; centers; teams; advisory committees; duties and responsibilities.

Section 284.771 - Definitions.

Section 284.776 - Eastern Oregon Border Economic Development Board; members; quorum; meetings; advisory and technical committees; staffing.

Section 284.781 - Duties, functions and powers; rules.

Section 284.783 - Agreement with third-party administrator.

Section 284.786 - Identification of laws that place region’s development efforts at disadvantage.

Section 284.791 - Grant and loan programs to expand development; eligibility; applications; rules; fees; moneys to be retained for programs.

Section 284.793 - Annual submission of program information by third-party administrator; board report to legislature.

Section 284.797 - Residency preference for civil service positions in region.

Section 284.801 - Eastern Oregon Border Economic Development Board Fund.

Section 284.881 - Definitions for ORS 284.881 to 284.890.

Section 284.883 - Oregon Growth Board; members; staff.

Section 284.885 - Duties, functions and powers; rules; recommendations to Legislative Assembly; annual report.

Section 284.887 - Authority to contract with management companies or state agencies to manage and invest moneys; standards and requirements; rules.

Section 284.890 - Oregon Growth Fund; sources; uses.