{"data":{"id":"us-or/ors-285b.036","jurisdiction":"us-or","citation":"ORS 285B.036","heading":"Forgivable loans for planning projects.","body":"(1)(a) The Oregon Business Development Department may make a forgivable loan to a project sponsor, for allowable costs related to a planning project, from moneys in the Industrial Site Loan Fund established under ORS 285B.046, in accordance with this section.\n      (b) The department shall determine the amount of a forgivable loan on a case-by-case basis.\n      (2) The department may not expend in any biennium more than one percent of the value of the Industrial Site Loan Fund for planning projects.\n      (3) A planning project eligible for a forgivable loan under this section may:\n      (a) Be a stand-alone project that is not intended to lead to a development project.\n      (b) Be a project that is intended to lead to a development project.\n      (c) Include planning or investigation for an environmental action on a brownfield.","path":["07 - Public Facilities and Finance","26a. Economic Development","Chapter 285B — Economic Development II"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors285B.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:13Z","sha256":"6fbf6cab0dc0e5208687c1db2088a711798569bb50f8078dbebf3d3737602d29","source_id":"us-or","stale":false,"prev":"us-or/ors-285b.034","next":"us-or/ors-285b.037"},"notice":"GroundRules: Original legal text. Not legal advice."}