(2) The fees described in subsection (1) of this section are as follows:
(a) $10,000, or $5,000 if the project is located in a rural area, upon application to the commission; and
(b) $50,000, or $10,000 if the project is located in a rural area, when the eligible project is determined by the commission to be eligible for the tax exemption provided in ORS 307.123. The commission shall pay 50 percent of this fee to the Department of Revenue for the purpose of administration of ORS 307.123.
(3) The fees collected under subsection (2) of this section shall be deposited in the Oregon Business, Innovation and Trade Fund created under ORS 285A.227. [Formerly 285B.389; 2009 c.830 §148]