Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate approves House Bill 3940 B to create dedicated wildfire mitigation funds, with debate over new nicotine tax
Summary
The Senate passed House Bill 3940 B, which creates new dedicated funding for wildfire mitigation and community risk reduction via a combination of rainy-day interest and a new tax on oral nicotine products; the measure drew extended floor debate over revenue choices and fairness.
The Oregon Senate on June 26 passed House Bill 3940 B, a multi-part wildfire finance and policy package that dedicates new revenue to landscape resilience, community risk reduction, and forestry programs.
The bill dedicates a portion of rainy-day fund interest and establishes a tax on oral nicotine products to generate recurring revenue. Sponsors said the package also modernizes several wildfire-related fees, creates a state forestry large-wildfire fund, improves cash-flow arrangements with Treasury, and directs allocations for mitigation and community risk reduction.
Senator Pam…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
