Vote Smart's Synopsis:

Vote to pass a bill that amends current transportation laws to finance and enact various projects around the state.

Highlights:

-Issues lottery bonds not to exceed $100 million to finance transportation projects including the development of air, rail, public transit, highway, and marine transportation (Sec. 8, 9). -Establishes the Urban Trail Fund to develop and maintain multiuse trails for non-motorized vehicles and pedestrians to provide links to roads, highways, footpaths, bicycle trails, and public transit (Sec. 31). -Imposes various fees related to transportation, including raising title fees by $22 and vehicle registration fee by $16 (Sec. 42, 43). -Increases the excise tax on gas from 24 to 30 cents per gallon to partially compensate the state for its use of highways (Sec. 49). -Enacts the gas tax when the Oregon Department of Administrative Services finds that there has been an increase of at least two percent each quarter for two consecutive quarters, or on January 1, 2011, whichever comes first (Sec. 50). -Creates the Highway User Tax Bonds to raise net proceeds not to exceed $300 million for transportation modernization projects (Sec. 61). -Approves and allocates funds to various projects and local governments (Sec. 64).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that amends current transportation laws to finance and enact various projects around the state.

Highlights:

-Issues lottery bonds not to exceed $100 million to finance transportation projects including the development of air, rail, public transit, highway, and marine transportation (Sec. 8, 9). -Establishes the Urban Trail Fund to develop and maintain multiuse trails for non-motorized vehicles and pedestrians to provide links to roads, highways, footpaths, bicycle trails, and public transit (Sec. 31). -Imposes various fees related to transportation, including raising title fees by $22 and vehicle registration fee by $16 (Sec. 42, 43). -Increases the excise tax on gas from 24 to 30 cents per gallon to partially compensate the state for its use of highways (Sec. 49). -Enacts the gas tax when the Oregon Department of Administrative Services finds that there has been an increase of at least two percent each quarter for two consecutive quarters, or on January 1, 2011, whichever comes first (Sec. 50). -Creates the Highway User Tax Bonds to raise net proceeds not to exceed $300 million for transportation modernization projects (Sec. 61). -Approves and allocates funds to various projects and local governments (Sec. 64).

Full Bill Text