Relating to engine emissions; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.
Impact
The bill significantly impacts Oregon's tax structure and regulatory framework concerning diesel emissions. By increasing the cap on grants and loans from the Clean Diesel Engine Fund for repowering nonroad diesel engines to 50% of certified costs, it facilitates economic investment in cleaner technologies. Moreover, it directs the Environmental Quality Commission to prioritize grants for replacements or retrofits needed for compliance with certain registration requirements for heavy-duty trucks powered by diesel engines.
Summary
House Bill 3158 seeks to impose new taxes related to the retail sale of tires and nonroad diesel equipment in Oregon. Specifically, it introduces an excise tax on the retail sale of taxable tires and a privilege tax for engaging in the business of providing nonroad diesel equipment. Additionally, it establishes a tax on the use of out-of-state nonroad diesel equipment and on rentals of such equipment. The bill aims to generate revenue to support environmental initiatives focused on reducing diesel emissions and improving air quality.
Sentiment
There is a divide in sentiment surrounding HB 3158, with supporters highlighting the environmental benefits and the potential for improved public health and air quality as positive outcomes. Proponents argue that fostering a cleaner diesel environment aligns with broader climate goals. Conversely, opponents express concerns about the financial burden placed on businesses and consumers, viewing the new taxes as an additional regulatory hurdle that may impact economic activity negatively.
Contention
A notable contention within discussions around HB 3158 centers on the implications of the new taxes on local businesses and how they might affect pricing for consumers. Additionally, criticisms arise regarding the government's role in regulating equipment and machinery, where opponents contend that such measures could lead to decreased job opportunities in industries reliant on diesel equipment. The bill's requirement for a three-fifths majority approval further complicates its legislative journey, reflecting the uncertainty in bipartisan support for tax increases.
Relating to programs to aid low-income adults; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.