Or. Rev. Stat. § 285B.032
Findings
Oregon · Oregon Revised Statutes Chapter 285B — Economic Development II · Status: effective
Cite this
- Citation
- Or. Rev. Stat. § 285B.032, Findings, Oregon, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2491183
- Permanent ID
ys:prov:2491183@1- SHA-256
75e4345f84ac7616367d14b2b0e91c461c45996cda4018f1e3d20c825a3033a5
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The Legislative Assembly finds that:
(1) Traded sector industries are the foundation of state and regional economic development strategies for long-term job creation and prosperity. Because traded sector jobs typically pay higher than average wages and generate higher than average income tax revenues, such jobs play an important role in supporting critical state services.
(2) Industrial development that provides new traded sector jobs reinforces the economies of local and regional communities and contributes to the economic vitality of the State of Oregon.
(3) There is a shortage of market-ready industrial land in this state. Public and private project sponsors have limited financial tools to facilitate development of significant and complex industrial land that is appropriate for traded sector industrial use.
(4) Public assistance is necessary to overcome development-related constraints and to incentivize industrial land development in this state.
(5) The purpose of ORS 285B.032 to 285B.046 is to provide financial assistance to project sponsors for development and planning projects related to industrial land development, in an amount determined on a case-by-case basis by the Oregon Business Development Department.