2021 Oregon Revised Statutes
Chapter 367 - Transportation Financing; Projects
Section 367.080 - Connect Oregon Fund.


(a) "Private entity" means any entity that is not a public body, including but not limited to a corporation, partnership, company, nonprofit organization or other legal entity or natural person.
(b) "Public body" has the meaning given that term in ORS 174.109.
(c)(A) "Transportation project" means a project or undertaking for rail, marine or aviation capital infrastructure, including bridges, or a project that facilitates the transportation of materials, animals or people.
(B) A transportation project does not include costs associated with operating expenses.
(2) The Connect Oregon Fund is established in the State Treasury, separate and distinct from the General Fund. Earnings on moneys in the Connect Oregon Fund shall be deposited into the fund. Moneys in the Connect Oregon Fund are continuously appropriated to the Department of Transportation for the purposes described in subsection (3) of this section and in ORS 367.086. The fund consists of the following:
(a) Moneys transferred to the fund under ORS 320.435.
(b) Moneys appropriated to the fund by the Legislative Assembly.
(c) Earnings on moneys in the fund.
(d) Lottery bond proceeds.
(e) Moneys from any other source.
(3) The department shall use moneys in the Connect Oregon Fund to provide grants for transportation projects as provided in ORS 367.080 to 367.086. Grants may be provided only for projects that involve one or more of the following modes of transportation:
(a) Aviation;
(b) Marine; and
(c) Rail. [2005 c.816 §1; 2013 c.765 §1; 2015 c.707 §1; 2017 c.750 §78; 2019 c.491 §20]
Note: 367.080 to 367.086 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 367 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
Note: Section 71f, chapter 750, Oregon Laws 2017, provides:
Sec. 71f. (1) Notwithstanding ORS 367.080 to 367.089 [series became 367.080 to 367.086] and subject to subsection (3) of this section and the availability of funds, the Department of Transportation shall first distribute the moneys in the Connect Oregon Fund, other than moneys dedicated for purposes described in Article XV, section 4a, of the Oregon Constitution, for the projects listed in subsection (2) of this section.
(2) The department shall distribute the following amounts for the projects listed below:
______________________________________________________________________________
(a) Mid-Willamette Valley
Intermodal Facility $ 25 million
(b) Treasure Valley
Intermodal Facility $ 26 million
(c) Rail expansion in
East Beach Industrial
Park at the
Port of Morrow $ 6.55 million
(d) Extend rail
siding along the Amtrak
Cascade line in Oregon
south of the City
of Portland $ 2.6 million
______________________________________________________________________________
(3) No later than January 1, 2020, to receive a distribution under this section, a potential recipient of moneys shall prepare and submit a plan to the Oregon Transportation Commission. At a minimum, the plan submitted must certify when and how the potential recipient plans to spend the moneys for the project with no more than five percent of the allocated funds to be available to recipients for development of the plan. The commission shall promptly review any submitted plans and if the commission approves the plan, the Department of Transportation shall distribute the moneys after adopting an agreement with the recipient. The agreement shall follow rules adopted by the commission for projects that receive grants from the Connect Oregon Fund.
(4) After the distributions, if any, are made under this section, the remainder of the moneys in the Connect Oregon Fund shall be distributed as described in ORS 367.080 to 367.089. [2017 c.750 §71f; 2019 c.491 §10]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 10 - Highways, Military

Chapter 367 - Transportation Financing; Projects

Section 367.010 - Definitions for chapter.

Section 367.015 - Oregon Transportation Infrastructure Fund; sources; uses; rules; investment.

Section 367.020 - Loans and other assistance to public and private entities; rules; other authorized purposes.

Section 367.025 - Issuance of infrastructure bonds.

Section 367.030 - Issuance of revenue bonds; bond covenants; maximum amount of bonds.

Section 367.035 - Loans to municipalities; authority of municipalities; repayment plan.

Section 367.040 - Loans to state agencies; loan contract.

Section 367.050 - Powers of department.

Section 367.055 - Federal stimulus moneys.

Section 367.060 - Department pledge to ensure loan guarantees; transfer of moneys from State Highway Fund.

Section 367.066 - Definitions for ORS 367.066 and 367.067.

Section 367.067 - Short Line Credit Premium Account; rules.

Section 367.070 - Industrial Rail Spur Fund.

Section 367.080 - Connect Oregon Fund.

Section 367.081 - Distribution of amounts in Connect Oregon Fund.

Section 367.082 - Grants from Connect Oregon Fund; rules.

Section 367.084 - Selection of projects.

Section 367.086 - Administration of projects.

Section 367.091 - Multimodal Active Transportation Fund.

Section 367.093 - Grants from Multimodal Active Transportation Fund; rules.

Section 367.095 - Tax and fee distribution and projects.

Section 367.097 - Debt service.

Section 367.105 - Short-term borrowing; conditions; repayment.

Section 367.161 - Definitions for ORS 367.161 to 367.181.

Section 367.163 - Purposes for which bonds may be issued.

Section 367.166 - Requirements for grant anticipation revenue bonds; authority of State Treasurer.

Section 367.168 - Revenue declaration.

Section 367.171 - Indenture.

Section 367.173 - Moneys that may be used for payment of grant anticipation revenue bonds.

Section 367.178 - Collection and use of federal transportation funds.

Section 367.181 - Limits on obligation of grant anticipation revenue bonds.

Section 367.555 - Authority to issue general obligation bonds.

Section 367.605 - Source of funds to secure Highway User Tax Bonds.

Section 367.615 - Bond issuance; bonds not general obligation; conditions for issuance of additional bonds; use of bond proceeds.

Section 367.617 - Allocation of bonds.

Section 367.620 - Limitation on bond amount.

Section 367.621 - Use of private sector resources in specified work.

Section 367.622 - Preservation and modernization projects funded by specified bonds; rules; selection criteria.

Section 367.623 - Consultation with local governments for project selection.

Section 367.630 - Highway revenue declaration; contents; purpose.

Section 367.635 - Bond form, issuance and maturity; provisions subject to determination of State Treasurer.

Section 367.640 - Indenture; provisions.

Section 367.645 - Reserve account.

Section 367.650 - Trust indenture to secure bonds; provisions.

Section 367.655 - Loan of bond proceeds to cities and counties; use of loans; rules.

Section 367.660 - Lien on certain moneys pledged for bonds; terms of lien.

Section 367.705 - Use of funds; priority.

Section 367.710 - Repayment by city or county; interest.

Section 367.800 - Findings.

Section 367.802 - Definitions.

Section 367.804 - Goals of Oregon Innovative Partnerships Program; authority of Department of Transportation; confidentiality; expenses.

Section 367.806 - Agreements.

Section 367.808 - Evaluation of proposed agreements; role of Attorney General.

Section 367.810 - State Transportation Enterprise Fund.

Section 367.812 - Bonds secured by State Transportation Enterprise Fund; financing of transportation projects.

Section 367.814 - Moneys from federal government or other sources.

Section 367.816 - Use of moneys in Oregon Transportation Infrastructure Fund for projects.

Section 367.818 - Eminent domain powers.

Section 367.820 - Creation of district; use of revenues within district.

Section 367.822 - Advisory committees on transportation projects; rules.

Section 367.824 - Rules; supremacy of federal law.

Section 367.850 - Alternatives to meeting funding requirements of transportation planning rule; rules.