(1) The Oregon Tourism Commission shall administer a biennial matching grants program
when the Legislative Assembly appropriates moneys therefor. The purpose of the matching grants program is to help develop and improve the economies
of communities throughout Oregon by means of the improvement, expansion and promotion
of the visitor industry.
(2) The commission shall establish the maximum grant amount in the applicant guidelines
prepared for the matching grants program in each biennium. No more than 50 percent of the total cost of a project may be paid for with moneys
from the program. An applicant must show a minimum one-to-one match from private or public sources other
than Oregon Business Development Department or commission programs. The applicant must also show a cash match of at least 50 percent of the amount requested
under the matching grants program.
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