Investments in Transportation
Needs Still Remain
While most investments envisioned in the original legislation have been delivered, great need remains. Inflation has eroded available funding and structural challenges inherent in Oregon’s current transportation funding system threaten immediate maintenance and operations and Oregon’s long-term future.
The work continues to identify the best way to put Oregon’s transportation system on a solid foundation. With sufficient, stable, and resilient funding, Oregon can do great things.
Sources of Revenue
The legislation used traditional forms of revenue, and established brand new revenue mechanisms, recognizing the state’s need to diversify its revenue streams in order to truly take steps toward modernizing our multimodal system.
- DMV registration and title fees, with supplemental fees for highly efficient vehicles.
- New statewide payroll tax.
- New light vehicle dealer privilege and use taxes.
- Fuels tax increased in four steps.
- Increase in weight-mile tax on heavy trucks.
- Tax on new adult bicycles.