Oregon House Revenue Committee voted unanimously June 13 for a multibillion-dollar
plan to fix the state’s roads and bridges, the Albany Democrat-Herald reported.
transportation finance plan 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 full House for consideration. It will require three-fifths
majorities in the House and Senate for approval, because it raises