Home World News MPs offer $ 2.2 billion transportation financing – BikePortland

MPs offer $ 2.2 billion transportation financing – BikePortland

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MPs offer $ 2.2 billion transportation financing – BikePortland


SW Barbur Blvd’s landscape. (Photo: Jonathan Maus / Bikeportland)

The co-chairs of the Oregon Legislation on Transport Laid the “Starting Point” for the talks around the Big Transport Financing bill. Oregon Traffic Re-Investment Package (Walking) Biennium is trying to increase about $ 2.2 billion per biennium (every two years), the existing rights and a large number of $ 2.2 billion. Among them, Oregon’s bicycle has an increase of 63% to excise taxes.

Oregon Transport Department (Odot) saying Their “structural revenues” – gas tax income – gas tax revenues, high inflation and existing financing restrictions – the current budget is so severe due to the shorter of $ 354 million. This legislative session means about 1,000 employees from new financing, and the influence of Odotun Oregon’s roads and the effects of people who use them will be “destructive.” Oregon last, in 2017, MPs justified transport income programs in 2017 when they want $ 5.3 billion in 10 years.

More intersections, Odot and Ogot and its control body to prevent the Oregon Transport Commission for two years and collected the opinions of experts and road users. Last summer organized a state tour tour of the city hall style listening sessions to hear and hear and need and need and need and need. All this discussion and opinion brought us to this “starting point”.

Where the money will come from

A total of $ 2.2 billion will earn $ 1.5 billion in the offer of $ 1.5 billion. fuel tax Up to 60 cents for a gallon. The 20th growth will begin in 2026 with an increase of eight percent in 2026 and will be met by four percent by 2032. Walking, “Trying to index fuel tax to inflation to ensure the future payment of the flow of income.”

The car’s registration fee (currently starts at $ 126) will last for $ 66 and a caption value ($ 101) will rise to $ 90. This Weight Mile TaxIt will increase by the load stones and increased by one percent of the weight of the truck, 16.9%.

The trip is trying to invest in the existing tool to increase the privilege tax (currently 0.5% of vehicles) 0.3% (0.8% for total taxes) and financing the railway, aviation and maritime projects. (Income calculations are $ 44.8 million for a biennium.)

The package calls the most important source of income, the purchase of MPs and a “disposable system for the use of one-time system”, which provides $ 486 million in all vehicles.

A new “tire pollution tax” will increase by 3% to purchases of car and truck tires (“vehicle tires”, but “vehicle” can sometimes apply to bikes) and the bicycle tires are provided to bicycle tires) and $ 50 million.

Another new income flow offered in the package is known as a binding path (ruc), as well as a system for salaries. This would be a staged mandate that applies to all 2027 new electric cars and all new e-cars in 2027. Orego – or to pay a straight annual payment. (Listen to learn more about this program Last interview With the financial director in Oregon’s Oregon Public Broadcasting.)

Travel to finance transit will increase the salary tax of Odotun funds State Transport Improvement Fund (Stif) from the current rate of 0.1% to 0.18%. This will earn about $ 268.6 million in 0.08%. This increase is lower than some MPs and transit lawyers wanted. March 28, members of the Oregon Senate and the Joint Committee on the Household Administration and Transport and a letter to the Ten MPs asked 0.5%.

And the last, but at least, the trip offers a 63% increase in excise tax bicycles. The $ 15 tax, which applied for new bikes sold for 200 or more, came into force in 2018. Deputers want to add $ 9.50 for a bike tax to get about $ 1 million in revenue against Odot Community Roads Program. In December, some deputies felt wrong to avoid bicycle taxes in 2017 and get a more nuanced approach this time. So far, this is not the case and the lawyers are being done on this front.

Where the money will go

As for the distribution of the entry, about 90% of the newly offered income will be included in the State Highway Fund and the operation and operations of the existing system.

The $ 1.9 billion package of fuel taxes and vehicles, $ 1.7 billion, traditional “$ 850 million” (about $ 850 million), 20% (about $ 340 million) and 20% (about $ 340 million) and 20% (about $ 340 million) and 20% (about $ 340 million) and 20% (about $ 340 million) and 20% (about $ 340 million) and 20% (about $ 340 million) and 20% (about $ 340 million) and 20% (about $ 340 million) and 20% (about $ 340 million) will be distributed by formula.

The new one-time use fee will be determined by $ 250 million and defined high-level expansion projects, but still not completed, HB Bill (HB) MPs, I-5 Rose Quarter.

While walking dedicated to the expansion projects of $ 125 million in a year, Odot does not make such a promise The streets are complete or safe roads to schools programs. The package reminds those programs, but does not show any funding for them.

As for the passenger railway, the package will send $ 17 million to maintain Amtrak service levels. Tires pollution will go to rail operations in half of tax revenues (about $ 25 million). Tire tax will also build wildlife and salmon recovery efforts, “Reject the harmful effects on the Oregon Waterways of Contamination.”

Defends with Move forward Oregon (Climate, Transport Safety and Environmental Justice Non-Professional) Coalition) welcomed the framework, saying it was released today, “provides a solid foundation.” Sarah Iannarone, Executive Director of Avenue Sarah Iannarone, “We appreciate the mothers of basic security programs.” Cassie Wilson, 1000 friends of Oregon’s 1000 friends, the transport policy manager was a little more. “Money must be in line with the mission,” Wilson said, referring to transit financing. “Now is the time to fall twice in popular, but in the underside programs that benefit from all oregonians in the long run.”

Finally, these suggestions and disputes can start seriously. It is just a opening salvo and it will be widespread that it will be very different to what we have happened. Which parts they change and how much they change, the most depend on the lawyers and the policies depend on their favor.

Adjust for more coverage and analysis. Read the text of the offer here.



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