Or. Admin. Code § 123-400-0040

Current through Register Vol. 63, No. 11, November 1, 2024

Section 123-400-0040 - [Effective until 11/25/2024] Project Requirements

(1) To be approved and funded, an application must propose a project that includes permitted program grant and loan uses of Funds as provided by Section 1(3)(a), chapter 25, Oregon Laws 2023. That is, a proposed project must request program grant or loan proceeds to be used solely for:

(a) Research and development with respect to semiconductors or advanced manufacturing; or

(b) Partnering with institutions of higher education, local workforce boards, groups and other programs, consistent with examples under section 1(3)(a)(B)(iii), chapter 25, Oregon Laws 2023, for the purpose of workforce development and the creation of training, registered apprenticeship and internship opportunities, with respect to semiconductors or advanced manufacturing; or

(c) Development of a site for a facility or development of site for other advanced manufacturing, which may include but is not limited to:

(A) Acquisition and aggregation of land of a site, whether improved or not;

(B) Expansion, improvement, construction, modernization, demolition or redevelopment of buildings, structures or utilities;

(C) Acquisition and installation of machinery, tools, and equipment; or

(D) Training or other workforce development specific to facility operations or operations of an advanced manufacturing site, which may also include subsection (b) of this section.

(2) While other advanced manufacturing projects are eligible as provided in section (1) above, the Department and the Governor will give preference to projects directly related to the federal semiconductor financial assistance program.

(3) Proposed projects in an application to be funded by program grant or loan proceeds must provide for new investments, rather than existing investments or property. Determinations of whether a proposed project is a new investment or is an ineligible existing project will be determined by the Department, in its sole discretion. In addition, grant or loan proceeds may not be used for costs incurred prior to April 13, 2023.

Or. Admin. Code § 123-400-0040

OBDD 32-2023, adopt filed 11/27/2023, effective 11/29/2023; OBDD 11-2024, temporary amend filed 05/30/2024, effective 5/30/2024 through 11/25/2024

Statutory/Other Authority: ORS 285A.075 & OR Laws 2023 ch. 25 §§3

Statutes/Other Implemented: OR Laws 2023 ch. 25 §§3