Sunday, March 2, 2025

House Bill 3362 looks to add 4 percent tax on tire purchases in Oregon

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Sponsored by Ken Helm (D-27th district) and Chris Gorsek (D-25th district) 

HB3362 seeks to impose a 4 percent excise tax on all new tire purchases in Oregon for the purpose of rail transit, tire pollution and wildlife crossing. No comments from the sponsors of the bill were posted on this site.  However, there is a clearly explained aticle available at Oregon roundup

According to Facstdemocracy.com;

Digest: (Introduced o January 28, 2025),

“This Act creates a tax on tires to pay for rail transit, tire pollution and wildlife crossings. 

Imposes an excise tax on retail sales of tires.

Directs the Department of Revenue to transfer tax revenue to specified funds for purposes related to rail transit, tire pollution prevention and mitigation and wildlife passage infrastructure.

Establishes the Tire Pollution and Rail Transit Fund.
Establishes the Wildlife-Vehicle Collision Reduction Fund.
Directs the Department of Transportation to establish a tire pollution prevention and mitigation program.
Takes effect on the 91st day following adjournment sine die.”

It is scheduled for a public hearing this Tuesday, March 4th, at 5 pm

Don Williams
Don Williamshttps://lincolncityhomepage.com
Don Williams serves as publisher and editor of The Lincoln City Homepage.

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