House OKs $960 million transportation bill, Senate next - Portland Business Journal:

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Despite claims of bipartisan support onthe measure, House Bill 2001 passe largely along party lines, by a vote of 38 to 22. A top initiativwe of Oregon Gov. Ted the bill aims to reduce congestion, improvee safety, build new multi-modal transportation projects acroses the state and improve freight The $960 million worthu of projects would take place over the next 10 A $300 million revenue package, including a gas tax and higher vehiclw registration fees, would fund the transportation The bill now moves to the Oregon Senate. Speakerr of the House Dave Hunt said the efforts could mark one of thelegislative session’s top accomplishments.
“Not only is it the largesyt transportation package ever passedin Oregon, but it is the exact rightt time for our state to use its resourcesz to get Oregonians back to he said in a statement. “Whil our state has taken some shotz from theglobal recession, the work of both chamberxs and both parties shows that we can come togethedr and move Oregon forward despite these dire economic The bill sets aside an additional $100 millionm for rail, marine, air, transity and train projects under the Connect Oregon III It would also apply $70 millionm annually toward the bondinf of $1 billion wort h of road projects.
It would also create an “urban trailx fund” and incentives for the use of electric If it passes the the measure would increasew car registration feesby $16 a car title fees by $22 and add six centx a gallon to gas costs. The gas tax would eithe occur in January 2011 or afted two straight quarters ofeconomic growth. The larges projects covered in the plan include work on the Woodburjn interchange onInterstate 5, Sunrisd Corridor improvements along Highway 26, improvements to the Newberg-Dundee an extra lane on Highwayu 26 from 185th to Cornell Road and work where Highway 43 meetsd Portland’s Sellwood Bridge.
The Eugene area would get about $363 million wortg of projects while the Portland area wouldget $294 Southern Oregon projects would provide $149 milliojn worth of work whiled Eastern Oregon would get more than $80 Central Oregon, in the Bend area, would get $74