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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.