Sunset of enterprise zone program
(1) Notwithstanding any other provision of ORS 285C.050 (Definitions for ORS 285C.050 to 285C.250) to 285C.250 (Redesignation or designation of new zone following zone termination):
(a) An area may not be designated as an enterprise zone after June 30, 2025;
(b) A business firm may not obtain authorization under ORS 285C.140 (Application for authorization) after June 30, 2025; and
(c) An enterprise zone, except for a reservation enterprise zone or a reservation partnership zone, that is in existence on June 29, 2025, is terminated on June 30, 2025.
(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 (Reservation enterprise zones and reservation partnership zones) after June 30, 2025; and
(b) A business firm may obtain authorization under ORS 285C.140 (Application for authorization) after June 30, 2025:
(A) If located in a reservation enterprise zone or a reservation partnership zone; or
(B) As allowed under ORS 285C.245 (Termination) (1)(b). [2003 c.662 §49; 2007 c.888 §1; 2010 c.76 §22; 2011 c.375 §1]
Note: 285C.255 (Sunset of enterprise zone program) 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.
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