Oregon Code § 367.605·Enacted ·Last updated March 01, 2026
Statute Text
Source
of funds to secure Highway User Tax Bonds.
(1) Moneys deposited in the State Highway Fund
established under ORS 366.505 are pledged to payment of Highway User Tax Bonds
issued under ORS 367.615.
(2) Except as
provided in subsection (3) of this section, moneys, once deposited in the
highway fund from the following sources are subject to the use or pledge
described in subsection (1) of this section:
(a) Moneys from
the taxes and fees on motor carriers imposed under ORS 825.474 and 825.480.
(b) Moneys from
the tax on motor vehicle fuel imposed under ORS 319.020.
(c) Moneys from
the tax on fuel used in motor vehicles imposed under ORS 319.530.
(d) Moneys from
the special use fuel license fee under ORS 319.535.
(e) Moneys
described under ORS 803.090 from the titling of vehicles.
(f) Moneys
described under ORS 803.420 from the registration of vehicles.
(g) Moneys
described under ORS 807.370 relating to the issuance of driver licenses and
driver permits.
(h) Moneys
received by the Department of Transportation from taxes, fees or charges
imposed after January 1, 2001, or other revenues received by the department
from sources not listed in paragraphs (a) to (g) of this subsection that are
available for the use or pledge described by this section.
(3) Moneys
described under subsection (2) of this section do not include:
(a) Moneys
provided for appropriations to counties under ORS 366.762 to 366.768.
(b) Moneys
provided for appropriations to cities under ORS 366.785 to 366.820.
(c) Moneys in the
account established under ORS 366.512 for parks and recreation.
(4) To the extent
affirmatively pledged, moneys from the following sources are subject to the use
or pledge described in subsection (1) of this section:
(a) Moneys
received by the Department of Transportation from the United States government.
(b) Any other
moneys legally available to the department.
(5)
Notwithstanding ORS 366.507, the lien or charge of any pledge of moneys
securing bonds issued under ORS 367.615 is superior or prior to any other lien
or charge and to any law of the state requiring the department to spend moneys
for specified highway purposes. [1985 c.551 §2; 2001 c.669 §8; 2003 c.201 §24;
2007 c.783 §169a; 2014 c.13 §10]
Plain English Explanation
This Oregon statute addresses Source
. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 367.605
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Source
. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 367.605. Use this format in legal documents and court filings.
Browse related sections using the links below, or search all Oregon statutes on FlawFinder.