ORS 383.004
Establishment of tolls

  • rules

(1)

Except as provided in subsection (2) of this section, a toll may not be established unless the Oregon Transportation Commission has reviewed and approved the toll. The commission shall adopt rules specifying the process under which proposals to establish tolls will be reviewed. When reviewing a proposal to establish tolls, the commission shall take into consideration:

(a)

The amount and classification of the traffic using, or anticipated to use, the tollway;

(b)

The amount of the toll proposed to be established for each class or category of tollway user and, if applicable, the different amounts of the toll depending on time and day of use;

(c)

The extent of the tollway, including improvements necessary for tollway operation and improvements necessary to support the flow of traffic onto or off of the tollway;

(d)

The location of toll booths or electronic toll collection systems to collect the toll for the tollway;

(e)

The cost of constructing, reconstructing, improving, installing, maintaining, repairing and operating the tollway;

(f)

The amount of indebtedness incurred for the construction of the tollway and all expenses and obligations related to the indebtedness including, without limitation, financial covenants, debt service requirements, reserve requirements and any other funding requirements established under the terms of any indenture prepared under ORS 383.225 (Revenue declaration or indenture) and any other contracts establishing the terms of the indebtedness, if any;

(g)

The value of assets, equipment and services required for the operation of the tollway;

(h)

The period of time during which the toll will be in effect;

(i)

The process for altering the amount of the toll during the period of operation of the tollway;

(j)

The method of collecting the toll; and

(k)

The rate of return that would be fair and reasonable for a private equity holder, if any, in the tollway.

(2)

Intentionally left blank —Ed.

(a)

Nothing in ORS 383.001 (Findings) to 383.245 (Bond form, issuance and maturity) prohibits a city or county from establishing a toll on any highway, as defined in ORS 801.305 (“Highway.”), that the city or county has jurisdiction over as a road authority pursuant to ORS 810.010 (Jurisdiction over highways).

(b)

Nothing in ORS 383.001 (Findings) to 383.245 (Bond form, issuance and maturity) prohibits Multnomah County from establishing a toll on the bridges across the Willamette River that are within the boundaries of the City of Portland and that are operated and maintained by Multnomah County as required under ORS 382.305 (Operation of bridges across Willamette River by Multnomah County) and 382.310 (Powers of Multnomah County as to Willamette River bridges).

(c)

Nothing in ORS 383.001 (Findings) to 383.245 (Bond form, issuance and maturity) prohibits the Port of Hood River from establishing a toll on the bridges across the Columbia River that are operated and maintained by the port.

(d)

Nothing in ORS 383.001 (Findings) to 383.245 (Bond form, issuance and maturity) prohibits the Port of Cascade Locks from establishing a toll on the bridges across the Columbia River that are operated and maintained by the port. [2007 c.531 §2; 2009 c.385 §3; 2021 c.630 §135]

Source: Section 383.004 — Establishment of tolls; rules, https://www.­oregonlegislature.­gov/bills_laws/ors/ors383.­html.

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