Oregon Revised Statutes Title 26A. Economic Development § 285B.626

(1) “Compensation” has the meaning given that term pursuant to rules adopted by the Oregon Business Development Department.

(2) “Eligible employer” means an employer that:

(3) “Estimated incremental income tax revenues” means the Oregon personal income tax revenues that are estimated pursuant to ORS 285B.630 to be substantially equivalent to the amount of tax that employees of an eligible employer who are hired after the eligible employer enters into a contract with a qualified project sponsor to conduct a traded sector business on a certified regionally significant industrial site will be required to pay under ORS chapter 316 as a result of compensation paid to the employees by the eligible employer in the tax years beginning with the tax year following the fifth tax year in which a project sponsor was qualified under ORS 285B.627.

(4) “Industrial use” means employment activities, including but not limited to manufacturing, assembly, fabrication, processing, storage, logistics, warehousing, importation, distribution, transshipment and research and development, that generate income from the production, handling or distribution of goods or services, including goods or services in the traded sector.

(5) “Project sponsor” means:

(6) “Regionally significant industrial site” means an area planned and zoned for industrial use that:

(7) “Traded sector” has the meaning given that term in ORS 285A.010.

(8) “Wage” has the meaning given that term pursuant to rules adopted by the Oregon Business Development Department.