Oregon House panel has approved a multibillion-dollar plan to
fix the state’s roads and bridges, the Statesman Journal reported.
transportation finance plan, which was unanimously approved by
the House Transportation Committee June 4, raises $2.5 billion
over 10 years, mostly from bonds repaid from higher vehicle registration
and title fees, higher permit and license fees on drivers and
higher weight-mile taxes on truckers.
two-thirds of the revenue would go toward repairing or replacing
bridges on the state’s major highways. The rest of the money would
go to cities, counties and the state for road projects.
features include a proposed credit against income taxes for purchases
of new truck engines.
now moves to the House Revenue Committee, which must review the
bill because it raises registration, title and other fees.