SALEM, Ore. (BRAIN) — The Oregon Department of Revenue has collected $288,738 from bike retailers for the state's $15 bike tax, which went into effect Jan. 1. Oregon has the only state bike tax.
The figure equates to taxes collected on the sale of about 19,250 bikes. The total is not the amount of payments that are due from retailers, just the amount that has been collected. Payments are due quarterly, so only payments for the first and second quarters had been collected through August.
Lawmakers had predicted the tax would bring in $1.2 million in its first year. It initially applied only to bikes with wheels 26 inches or larger and selling for more than $200. E-bikes were exempt. As of June 2, the tax applies to all wheel sizes and e-bikes. The $200 minimum remains.
Previous articles
- Oregon legislature expands bike tax to all wheel sizes, and e-bikes — March 5, 2018
- Oregon retailers are (hopefully) collecting the new bike tax — Jan. 4, 2018
- Santa Cruz's Oregon Trail Tax riffs on state's new bike tax — Sept. 7, 2017
- Inspired by Oregon, Colorado lawmaker proposes bike tax — July 19, 2017
- Oregon legislature passes $15 bike tax — July 7, 2017
