(1) The following amounts shall be distributed in the manner prescribed in this section:

Terms Used In Oregon Statutes 367.095

  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.

(a) The amount attributable to the increase in tax rates by section 45, chapter 750, Oregon Laws 2017, and the amendments to ORS § 319.020 and 319.530 by sections 40 to 43, chapter 750, Oregon Laws 2017.

(b) The amount attributable to the vehicle registration and title fees imposed under ORS § 803.091 and 803.422.

(c) The amount attributable to the increase in taxes and fees by the amendments to ORS § 803.420, 803.645, 818.225, 825.476, 825.480 and 826.023 by sections 34, 35, 48, 49, 51, 52, 63, 64, 66, 67 and 70, chapter 750, Oregon Laws 2017.

(2) The amounts described in subsection (1) of this section shall be distributed in the following order and for the following purposes:

(a)(A) $30 million per year shall be used to pay for:

(i) The Interstate 5 Rose Quarter Project;

(ii) The Interstate 205 Improvements: Stafford Road to Oregon Route 213 Project;

(iii) The Interstate 5 Boone Bridge and Seismic Improvement Project; and

(iv) The implementation of the toll program established under ORS § 383.150.

(B) The amount described in subparagraph (A) of this paragraph shall be used to pay for costs, including project costs on a current basis and paying for debt service on bonds issued to finance the projects or toll program, only until the later of the date on which the projects or toll program is completed or on which all bonds issued to fund the projects or toll program have been repaid. Any remaining moneys shall be distributed as described in subsection (3) of this section.

(b) $15 million per year shall be deposited into the Safe Routes to Schools Fund for the purpose of providing Safe Routes to Schools matching grants under ORS § 184.742. The remainder of the moneys shall be distributed as described in subsection (3) of this section.

(3) The moneys described in subsection (1) of this section that remain after the allocation of moneys described in subsection (2) of this section shall be allocated as follows:

(a) 50 percent to the Department of Transportation.

(b) 30 percent to counties for distribution as provided in ORS § 366.762.

(c) 20 percent to cities for distribution as provided in ORS § 366.800.

(4) The moneys described in subsection (3)(a) of this section or equivalent amounts that become available to the Department of Transportation shall be allocated as follows:

(a) $10 million for safety.

(b) Of the remaining balance:

(A) Forty percent for bridges.

(B) Thirty percent for seismic improvements related to highways and bridges.

(C) Twenty-four percent for state highway pavement preservation and culverts.

(D) Six percent for state highway maintenance and safety improvements. [2017 c.750 § 71a; 2017 c.750 § 71b; 2018 c.93 30c,30d; 2019 c.491 § 46; 2021 c.630 § 130; 2019 c.491 46,47; 2021 c.630 130,131]

 

367.095 and 367.097 were enacted into law by the Legislative Assembly but were not added to or made a part of ORS Chapter 367 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.