1. HB3250 (Cap and Dividend) & HB3176 (Fee and Dividend) Proposed by Oregon Climate

2. HB3250 (Cap and Dividend) & HB3176 (Fee and Dividend) Proposed by Oregon Climate

3. Oregon Climate ●What is Oregon Climate working to achieve? ●What does it support? ●What type of policy achieves these goals? ●What bills has Oregon Climate proposed?

4. Text of HB3250 (C&D) ●Section 2 ●Section 3 ●Section 4 ●Section 5 ●Section 6 ●Section 7 https://olis.leg.state.or.us/liz/2015R1/Downloads/MeasureDocument/HB3250/Introduced

5. Text of HB3176 (F&D) ●Section 2 ●Section 3 ●Section 4 ●Section 5 ●Section 6 ●Section 7 https://olis.leg.state.or.us/liz/2015R1/Downloads/MeasureDocument/HB3176/Introduced

6. Core Principles of Policy ●Price levels must be high enough to reach carbon emission reductions to adequately address climate crisis ●Ensure that lower income households are not disproportionately affected ●Need policy that is politically durable

7. HB3250 (C&D) & HB3176 (F&D) Similarities ●Who would pay for emissions ●Where the dividend goes

8. HB3250 (C&D) & HB3176 (F&D) Differences ●What is HB3250 (Cap and Dividend)? ●What is HB 3176 (Fee and Dividend)? ●Which one is better?

9. Reasons to Support C&D 1.Gas tax - constitutional restriction a. Do we want billions of dollars to go to highways? i. A $30/ton tax = $2B in revenue! 1.3/5th majority vote threshold a. Cap and dividend: creates an asset for permit- buyers to own, rather than a tax