2011 Regular Session
|At the request of:|
|Bill Title:||Relating to clean energy economic development; appropriating money.|
Establishes Oregon Fund for Energy, Jobs and Innovation.
Authorizes Oregon Innovation Council to make grants and loans from fund for clean energy economic development proposals. Establishes minimum proposal requirements. Requires nonprofit entity or signature research center to issue request for proposals and make recommendations for funding to council. Requires council to adopt rules]. Permits council to determine eligibility of proposals for revenue bond financing. Requires Oregon Business Development Department to request issuance of revenue bonds by State Treasurer upon determination of eligibility.] Authorizes Oregon Innovation Council to establish one or more signature research centers. Authorizes signature research centers to receive grants and loans from funds administered by council. Establishes clean energy economic development charge to be collected by public utilities for deposit in Oregon Fund for Energy, Jobs and Innovation to fund proposals for clean energy economic development.] Declares emergency, effective on passage.].
|Fiscal Impact:||No Fiscal Impact|
|Revenue Impact:||Revenue Impact Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Revenue|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|