Oregon § 348.266 Opportunity Grant Fund

Oregon Statutes

§ 348.266 — Opportunity Grant Fund

Oregon § 348.266

Vol.9

Title 30Education and Culture

Ch. 348Student Aid; Education Stability Fund; Planning

This text of Oregon § 348.266 (Opportunity Grant Fund) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 348.266 (2026).

Text

(1)The Opportunity Grant Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Opportunity Grant Fund shall be credited to the fund.

(2)Moneys in the Opportunity Grant Fund shall consist of:

(a)Amounts donated to the fund;

(b)Amounts appropriated or otherwise transferred to the fund by the Legislative Assembly;

(c)Other amounts deposited in the fund from any source; and

(d)Interest earned by the fund.

(3)Moneys in the fund are continuously appropriated to the Higher Education Coordinating Commission. After the payment of refunds to taxpayers as described in ORS 315.643 and 315.646 and payments to a tax credit marketer for marketing services provided by the marketer as described in ORS 348.267, the balance remaining in the fund

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(1) The Opportunity Grant Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Opportunity Grant Fund shall be credited to the fund.
(2) Moneys in the Opportunity Grant Fund shall consist of:
(a) Amounts donated to the fund;
(b) Amounts appropriated or otherwise transferred to the fund by the Legislative Assembly;
(c) Other amounts deposited in the fund from any source; and
(d) Interest earned by the fund.
(3) Moneys in the fund are continuously appropriated to the Higher Education Coordinating Commission. After the payment of refunds to taxpayers as described in ORS 315.643 and 315.646 and payments to a tax credit marketer for marketing services provided by the marketer as described in ORS 348.267, the balance remaining in the fund shall be used for the Oregon Opportunity Grant program under ORS 348.260.
(4) Expenditures from the fund are not subject to ORS 291.232 to 291.260.