Bill Text: OR HB2345 | 2013 | Regular Session | Engrossed
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to critical infrastructure development; and declaring an emergency.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2013-07-12 - Chapter 621, (2013 Laws): Effective date July 12, 2013. [HB2345 Detail]
Download: Oregon-2013-HB2345-Engrossed.html
Bill Title: Relating to critical infrastructure development; and declaring an emergency.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2013-07-12 - Chapter 621, (2013 Laws): Effective date July 12, 2013. [HB2345 Detail]
Download: Oregon-2013-HB2345-Engrossed.html
77th OREGON LEGISLATIVE ASSEMBLY--2013 Regular Session SA to A-Eng. HB 2345 LC 2540/HB 2345-A6 SENATE AMENDMENTS TO A-ENGROSSED HOUSE BILL 2345 By COMMITTEE ON RURAL COMMUNITIES AND ECONOMIC DEVELOPMENT June 4 On page 1 of the printed A-engrossed bill, line 2, after the semicolon insert 'creating new provisions; amending ORS 777.262 and 777.267;'. On page 3, line 33, delete 'October 1' and insert ' December 31'. On page 4, after line 2, insert: ' { + SECTION 3. + } ORS 777.262 is amended to read: ' 777.262. (1) The Legislative Assembly finds: ' (a) That recent changes in federal law authorize the United States Army Corps of Engineers to require ports and other local communities to provide a portion of the costs of dredging harbors and channels near those communities; ' (b) That port districts and communities in this state cannot afford to pay the costs necessary to continue the dredging activities that are essential to keep the major harbors and waterways navigable for larger vessels in maritime trade; and ' (c) That the State of Oregon must therefore pay for { - such - } { + the + } dredging activities when ports cannot, or this state must tolerate the loss of maritime trade and commerce that will inevitably result from the halt of dredging activities. ' (2) Therefore, it is the purpose of this section and { + one purpose of + } ORS 777.267 to provide a method of financing { - required - } { + all or part of the nonfederal portion of the costs of + } dredging activities { + that constitute new federally authorized navigation improvements + } in the ports of this state when those ports are unable to finance { - such - } { + the + } activities. ' { + SECTION 4. + } ORS 777.267 is amended to read: ' 777.267. (1) { - There is established in the State Treasury - } The Marine Navigation Improvement Fund { + is established in the State Treasury, separate and distinct from the General Fund + }. Interest earned by the Marine Navigation Improvement Fund shall be credited to the fund. The moneys in the fund and interest earnings on the moneys in the fund are continuously appropriated to the Oregon Business Development Department for the Oregon Infrastructure Finance Authority for the purposes of: ' (a) Paying a portion of the { + construction + } costs of dredging activities that { + constitute new federally authorized navigation improvement projects and + } are carried out in the harbors and channels on the Oregon coast and along the Columbia River when federal law or regulation requires a portion of the costs { - of such dredging - } to be paid by nonfederal interests; { - and - } ' (b) Paying the study and construction costs of other new navigation improvement projects that directly support { + , or provide access to, + } a federally authorized navigation improvement project { - . - } { + ; and ' (c) Paying the study and construction costs of maintenance projects related to existing federally authorized navigation improvement projects. + } ' (2) The Marine Navigation Improvement Fund established by this section consists of moneys appropriated to the fund by the Legislative Assembly, repayment of loans made with moneys in the fund and bond proceeds deposited in the fund. ' (3) Moneys in the fund shall be used primarily to make loans to ports for eligible projects. The authority may award a grant or provide other assistance from moneys in the fund to a port for an eligible project only if a loan is not feasible due to the financial hardship of the port or other special circumstances, as set forth in rules adopted by the department. ' (4) Eligibility for assistance from the Marine Navigation Improvement Fund shall be limited to and funded, subject to the availability of funds, in the following order of priority: ' { - (a) Federally authorized studies and construction of new navigation improvement projects. - } ' { + (a) Maintenance projects related to existing federally authorized navigation improvement projects. + } ' (b) Other new navigation improvement projects { - if the projects - } { + that + } directly support { + , + } or provide access to { + , + } a federally authorized navigation improvement project or a federally authorized navigation channel. ' { + (c) New federally authorized navigation improvement projects. + } ' (5) { + The authority shall limit + } financial assistance for construction costs under subsection { - (4)(a) - } { + (1)(a) + } of this section { - shall be limited - } to those projects that have completed all federally required studies { - and have confirmed positive cost-benefit ratios as required by the National Economic Development Plan - } . ' (6) { + The authority shall limit + } financial assistance for construction costs under subsection { - (4)(b) - } { + (1)(b) + } of this section { - is limited - } to projects sponsored by a port, as defined in ORS 777.005 or 778.005, that meet criteria developed by the authority. ' (7) { + The authority shall limit + } financial assistance for { - studies of other new construction projects - } { + study costs + } under subsection (1)(b) of this section { - is limited - } to projects that meet criteria developed by the authority. ' { + (8) The authority shall limit financial assistance for study and construction costs under subsection (1)(c) of this section to projects that meet criteria developed by the authority. + } ' . In line 3, delete '3' and insert '5'. In line 4, delete '4' and insert '6'. ----------