Digest: Tells ODEM to give grants to consumer-owned utilities to build projects in response to natural disasters. Creates a commission and fund for the grant program. Allows for the use of moneys from lottery bonds. (Flesch Readability Score: 60.9).
Establishes the Oregon Public Utility Homeland Security Commission in the Oregon Department of Emergency Management.
Establishes the Oregon Public Utility Homeland Security Fund.
Establishes a grant program for the purpose of providing financial assistance to consumer-owned utilities for developing projects associated with mitigating damage resulting from natural disasters or responding to or recovering from natural disasters.
Authorizes the issuance of lottery bonds to finance projects associated with mitigating damage resulting from natural disasters or responding to or recovering from natural disasters.