2021 Oregon Revised Statutes
Chapter 367 - Transportation Financing; Projects
Section 367.173 - Moneys that may be used for payment of grant anticipation revenue bonds.


(1) Federal transportation funds.
(2) To the extent affirmatively pledged at the time issuance of revenue bonds is authorized, the following moneys that are lawfully available:
(a) Moneys deposited in the State Highway Fund established under ORS 366.505.
(b) Except as provided in paragraph (c) of this subsection, moneys, once deposited in the State Highway Fund established under ORS 366.505, from the following sources may be affirmatively pledged:
(A) Moneys from the taxes and fees on motor carriers imposed under ORS 825.474 and 825.480.
(B) Moneys from the tax on motor vehicle fuel imposed under ORS 319.020.
(C) Moneys from the tax on fuel used in motor vehicles imposed under ORS 319.530.
(D) Moneys from the special use fuel license fee under ORS 319.535.
(E) Moneys described under ORS 803.090 from the titling of vehicles.
(F) Moneys described under ORS 803.420 from the registration of vehicles.
(G) Moneys described under ORS 807.370 relating to the issuance of driver licenses and driver permits.
(H) Moneys received by the Department of Transportation from taxes, fees or charges imposed after January 1, 2001, or other revenues or moneys received by the department from sources not listed in subparagraphs (A) to (G) of this paragraph that are lawfully available to be pledged under this section.
(c) Moneys described in paragraph (b) of this subsection do not include:
(A) Moneys provided for appropriations to counties under ORS 366.762 to 366.768.
(B) Moneys provided for appropriations to cities under ORS 366.785 to 366.820.
(C) Moneys in the account established under ORS 366.512 for parks and recreation. [2003 c.201 §7; 2014 c.13 §8]

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.