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(2) No later than December 31, 2018, the commission shall seek approval from the Federal
Highway Administration, if required by federal law, to implement value pricing as described
in this section.
(3) After seeking and receiving approval from the Federal Highway Administration, the
commission shall implement value pricing to reduce traffic congestion. Value pricing may
include, but is not limited to, variable time-of-day pricing. The commission shall implement
value pricing in the following locations:
(a) On Interstate 205, beginning at the Washington state line and ending where it inter-
sects with Interstate 5 in this state.
(b) On Interstate 5, beginning at the Washington state line and ending where it inter-
sects with Interstate 205.
(4) In addition to areas listed in subsection (3) of this section, the commission may im-
plement value pricing in other areas of this state.
(5) Notwithstanding ORS 383.009, the revenues received from value pricing under this
section shall be deposited into the Congestion Relief Fund established under section 120a of
this 2017 Act for the implementation and administration of the congestion relief program
established pursuant to this section, including but not limited to the Value Pricing Set-Up
Project.
(6) Subject to any restrictions in an agreement with the Federal Highway Administration
or other federal law, in addition to the amounts received from value pricing under this sec-
tion, the moneys in the Congestion Relief Fund shall be used to implement and administer
the traffic congestion relief program.
(7) Before imposing value pricing, the commission shall report to the Joint Committee
on Transportation established under section 26 of this 2017 Act.
(8) The commission may enter into agreements with the State of Washington, or the
State of Washington’s designee, relating to establishing, reviewing, adjusting and collecting
tolls for the program described in this section.
SECTION 120a.
Congestion Relief Fund. (1) The Congestion Relief Fund is established in
the State Treasury, separate and distinct from the General Fund. Interest earned by the
Congestion Relief Fund shall be credited to the fund.
(2) The Congestion Relief Fund consists of:
(a) Moneys appropriated or otherwise transferred to the fund by the Legislative Assem-
bly;
(b) Notwithstanding ORS 383.009 (1)(d), net proceeds of tolls imposed under section 120
of this 2017 Act;
(c) Moneys received from federal sources or other state or local sources, other than
proceeds of Highway User Tax Bonds issued under ORS 367.615;
(d) Amounts donated to the fund;
(e) Investment earnings received on moneys in the fund; and
(f) Other amounts deposited in the fund from any source.
(3) Moneys in the fund are continuously appropriated to the Department of Transporta-
tion for distribution to the Oregon Transportation Commission for the purposes of imple-
menting and administering the congestion relief program established pursuant to section 120
of this 2017 Act.
(4) The Department of Transportation may receive gifts, grants, contributions, bequests
or other donations of any kind from any public or private source for deposit in the Con-
gestion Relief Fund.
(5) Moneys in the Congestion Relief Fund may be invested and reinvested as provided in
ORS 293.701 to 293.857.
(Task Force on Mega Transportation Projects)
Enrolled House Bill 2017 (HB 2017-A) Page 107
Cite this record
Oregon Legislative Assembly. HB 2017 (2017), enrolled text, PDF p. 107. Retrieved 2026-09-04. https://olis.oregonlegislature.gov/liz/2017R1/Downloads/MeasureDocument/HB2017/Enrolled#page=107. Preserved SHA-256: 5ab76901b63ba88f2742eab37f5e9ddd922a3ffd53e76165eec6dd08f4f9282a. Atlas edition: institutional-studies-2026-09-27-stif-v2.