

| Legislative Watch |
Oregon |
7/10/03-Gov. Ted Kulongoski has signed into law a bill designed
to persuade Oregonians to spend less time behind the wheel by offering
commuters reduced insurance rates.
The governor signed HB2043 July 3 giving tax credits to insurance
companies that offer Oregon drivers per-mile premium rates instead
of fixed yearly rates. The five-year credit program will last from
2005 to 2010, and be limited to $1 million.
6/20/03-A bill designed
to persuade Oregonians to spend less time behind the wheel by offering
commuters reduced insurance rates is headed
to the governor’s office.
Under the proposal, Oregon would give tax credits to insurance
companies that offer drivers per-mile premium rates instead of fixed
yearly rates. The five-year credit program would last from 2005 to
2010.
The Senate voted 16-11 on June 19 to send HB2043 to Gov. Ted
Kulongoski. It earlier passed the House 41-16.






