Through three quarters of its first year in existence, Oregon’s $15 bicycle excise tax has added $489,000 into state coffers. That’s a lot lower than state economists expected. Overhead costs are also more than expected and are likely to climb even higher as officials beef up filing enforcement efforts.
As OPB reported last week, officials from the Department of Revenue, Oregon Department of Transportation and the Legislative Revenue Office have been updating lawmakers on receipts from the slew of new taxes and fees included in the $5.3 billion transportation package passed in 2017. Among them was the infamous $15 tax that applies to every new bicycle valued at $200 or higher sold in Oregon.