Relating to revenue; prescribing an effective date; and providing for revenue raising that requires approval by a three-fifths majority.
Catchline/Summary:
Removes sunset of increase in aircraft fuel taxes made by House Bill 2075 (chapter 700, Oregon Laws 2015). Removes sunset of increase in aircraft fuel taxes made by House Bill 2075 (chapter 700, Oregon Laws 2015). Restructures distributions of aircraft fuel tax revenues that provide funding for airports and aviation-related business under Aviation System Action Program.
Allows Oregon Department of Aviation to enter into commercial arrangements for terms up to 50 years.
Extends and sets biennial rates for privilege taxes on merchantable forest products harvested on forestlands.]
Takes effect on 91st day following adjournment sine die.
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HB 2434
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