- (1) “Agency” means any state agency in Oregon that has authority to complete projects consistent with the terms of the Monsanto Settlement Agreement.
- (2) “Available Funds” means the funds available in the State Agency Program Fund for distribution. This amount may vary between biennia and is determined based on the Oregon Environmental Restoration Council’s (Council) current adopted distribution policy.
- (3) “Council” means the Oregon Environmental Restoration Council established in ORS 541.861.
- (4) “Fund” means the Oregon Environmental Restoration Fund established in ORS 541.863.
- (5) “Monsanto Settlement Agreement” means the settlement agreement between the State of Oregon and Monsanto Company, Pharmacia LLC and Solutia, Inc., effective December 15, 2022 and any modifications thereto.
- (6) “OWEB” means the Oregon Watershed Enhancement Board state agency.
- (7) “State Agency Program Fund” is a statutorily established fund in ORS 541.867 that receives 50% of the annual disbursement from the Oregon Environmental Restoration Fund.
Statutory/Other Authority
541.869
Statutes/Other Implemented
541.857 - 541.882
History
ERC 1-2026, temporary adopt filed 06/26/2026, effective 06/26/2026 through 12/19/2026