Oregon Senate voted in favor of a multibillion-dollar plan to fix
Oregon’s roads and bridges. The revised package delays a tax credit
transportation-funding plan returns to the House, which is scheduled
to act on Senate amendments early this week, the Statesman Journal reported. It is likely to accept them and pass HB2041 to the governor
proposal, as amended, would eliminate an estimated $4 million gap
in the 2003-2005 budget, addressing concerns by senators that had
derailed a scheduled floor vote on the bill earlier this month.
amended version approved by the Senate July 17 doesn’t stray far
from the original version that breezed through the House last month.
But it deletes a provision giving truckdrivers $3 million a year
for buying cleaner engines, and as much as $2 million a year to
pay for mass transit and other purposes.
compromise retains only the tax credit, but delays implementation
so truckers could not claim it until 2005, The Oregonian reported. Truckers would be reimbursed from $400 to $925 for each
engine bought in calendar years 2004 through 2007. The credit would
still be limited to $3 million each year.
of the $2.5 billion the transportation-financing plan would raise
over 10 years comes from bonds repaid from higher vehicle registration
and title fees.
truck registration fees would increase about 53 percent, and their
weight-mile taxes would climb almost 10 percent starting Jan. 1,
the newspaper reported. Car title fees would increase from $30 to
$55 starting Jan. 1. Registration fees would go from $30 to $54
every two years.