Oregon § 541.857 Policy

Oregon Statutes

§ 541.857 — Policy

Oregon § 541.857

Vol.15

Title 45Water Resources; Irrigation, Drainage, Flood Control, Reclamation

Ch. 541Water Distributors; Water Releases; Conservation and Storage;

This text of Oregon § 541.857 (Policy) 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. § 541.857 (2026).

Text

(1)It is the intent of the Legislative Assembly in enacting ORS 541.857 to 541.882 to:

(a)Establish the Oregon Environmental Restoration Fund in the State Treasury, consisting of moneys paid to the state from the Monsanto Settlement Agreement;

(b)Provide for the investment of settlement funds and for the expenditure of earnings from those investments in an equitable, transparent and accountable manner; and

(c)Ensure that, consistent with the terms of the Monsanto Settlement Agreement, earnings are used to supplement efforts by recognized tribal governments, executive branch agencies and disproportionately impacted communities for environmental remediation or restitutionary projects or purposes having a nexus with environmental harms to air, water, soil or other natural resources or hum

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(1) It is the intent of the Legislative Assembly in enacting ORS 541.857 to 541.882 to:
(a) Establish the Oregon Environmental Restoration Fund in the State Treasury, consisting of moneys paid to the state from the Monsanto Settlement Agreement;
(b) Provide for the investment of settlement funds and for the expenditure of earnings from those investments in an equitable, transparent and accountable manner; and
(c) Ensure that, consistent with the terms of the Monsanto Settlement Agreement, earnings are used to supplement efforts by recognized tribal governments, executive branch agencies and disproportionately impacted communities for environmental remediation or restitutionary projects or purposes having a nexus with environmental harms to air, water, soil or other natural resources or human health caused by environmental contamination, particularly the presence of PCB.
(2) It is the intent of the Legislative Assembly that projects or purposes for which allocations or transfers made under ORS 541.857 to 541.882 be consistent with the terms of the Monsanto Settlement Agreement.