Oregon Statutes 367.091 – Multimodal Active Transportation Fund
(1) As used in this section and ORS § 367.093:
Terms Used In Oregon Statutes 367.091
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- public body: means state government bodies, local government bodies and special government bodies. See Oregon Statutes 174.109
- State Treasury: includes those financial assets the lawful custody of which are vested in the State Treasurer and the office of the State Treasurer relating to the custody of those financial assets. See Oregon Statutes 174.100
- Transportation project: means any project or undertaking that facilitates any mode of transportation within this state. See Oregon Statutes 367.010
(a) ‘Private entity’ means any entity that is not a public body, including but not limited to a corporation, partnership, company, nonprofit organization or other legal entity or natural person.
(b) ‘Public body’ has the meaning given that term in ORS § 174.109.
(c) ‘Transportation project’ means a project or undertaking for bicycle and pedestrian capital infrastructure, including bridges, paths and ways. A transportation project does not include costs associated with operating expenses or the purchase of bicycles.
(2) The Multimodal Active Transportation Fund is established in the State Treasury, separate and distinct from the General Fund. Earnings on moneys in the Multimodal Active Transportation Fund shall be deposited into the fund. Moneys in the fund are continuously appropriated to the Department of Transportation for the purposes described in subsection (3) of this section and in ORS § 367.093. The fund consists of the following:
(a) Moneys transferred to the fund under ORS § 320.440.
(b) Moneys transferred to the fund under ORS § 367.081.
(c) Moneys appropriated to the fund by the Legislative Assembly.
(d) Earnings on moneys in the fund.
(e) Moneys from any other source.
(3) The department shall use moneys in the fund to award grants for bicycle and pedestrian transportation projects as provided in ORS § 367.093. [2019 c.491 § 23]
367.091 and 367.093 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS Chapter 367 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.