Oregon Code § 383.004·Enacted ·Last updated March 01, 2026
Statute Text
Establishment of tolls; rules.
(1) Except as provided in subsection (3) 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 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;
(k) The rate of
return that would be fair and reasonable based on equivalent market standards
for a private equity holder, if any, in the tollway; and
(L) Traffic
demand management.
(2) The Oregon
Transportation Commission shall maintain tolls at rates sufficient to meet:
(a) Obligations
to the holders of tollway project revenue bonds issued under ORS 383.200;
(b) Obligations
and covenants under any revenue declaration or indenture entered into under ORS
Plain English Explanation
This Oregon statute addresses Establishment of tolls; rules. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 383.004
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
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