Oregon lawmakers propose $2 billion transportation tax hike
Oregon lawmakers propose $2 billion transportation tax hike

Oregon lawmakers propose $2 billion transportation tax hike

News summary

Oregon lawmakers have proposed a comprehensive transportation funding package aimed at bridging a significant budget shortfall for the Oregon Department of Transportation (ODOT). The plan includes a 20-cent gas tax increase over six years, new vehicle registration fees, and taxes on tires and car sales, projected to raise approximately $1.9 billion per budget cycle. Key supporters, including Sen. Chris Gorsek, emphasize the need for these measures to maintain current infrastructure and prevent job losses at ODOT. However, Republican lawmakers, such as Rep. Christine Drazan, criticize the proposal as burdensome for Oregonians already facing high costs. The proposal requires a supermajority to pass in the legislature, with debates expected about its impact on residents. If enacted, the tax increases could commence as early as January, with full implementation extending until 2032.

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