OAR 123-400-0070: Reporting Economic and Fiscal Information

(1) Following the date on which a business enters into an agreement with the Department, the business must submit a report to the Department on the status of its Project as provided by section 4(1), chapter 25, Oregon Laws 2023, no later than May 15 and November 15 each year. These reports shall cover the immediately preceding six-month period (January 1 – June 30 and July 1 – December 31). (2) The reporting obligations provided in section (1) cease on the earlier of the date the agreement expires, the date the agreement is terminated, or the date the department has determined that the business has met their contractual obligations, if applicable, for generating state and local revenue as provided by section 1(e)(A) and specified in the program grant or loan agreement.