Current through 2024 Regular Session legislation
Section 285C.255 - Sunset of enterprise zone program(1) Notwithstanding any other provision of ORS 285C. 050 to 285C. 250: (a) An area may not be designated as an enterprise zone after June 30, 2032;(b) A business firm may not obtain authorization under ORS 285C. 140 after June 30, 2032; and(c) An enterprise zone, except for a reservation enterprise zone or a reservation partnership zone, that is in existence on June 29, 2032, is terminated on June 30, 2032.(2) Notwithstanding subsection (1) of this section:(a) A reservation enterprise zone may be designated, and a reservation partnership zone may be cosponsored, under ORS 285C. 306 after June 30, 2032; and(b) A business firm may obtain authorization under ORS 285C. 140 after June 30, 2032: (A) If located in a reservation enterprise zone or a reservation partnership zone; or(B) As allowed under ORS 285C. 245 (6).Amended by 2023 Ch. 298, § 13, eff. 9/24/2023. 2003 c. 662, § 49; 2007 c. 888, § 1; 2010 c. 76, § 22; 2011 c. 375, § 1 285C. 255 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 285C or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.