OR HB3940

New tax imposed on oral nicotine products: 65 cents per package of 20 or fewer units, or 3.25 cents per unit for larger packages, with revenue split one-third to the Landscape Resiliency Fund and two-thirds to the Community Risk Reduction Fund

Forest products harvest tax increased from 62.5 cents to $1.00 per thousand board feet for wildfire suppression, with annual inflation adjustments based on Consumer Price Index starting in 2026

Oregon Rainy Day Fund interest redirected: 6.7% to Landscape Resiliency Fund, 13.3% to Community Risk Reduction Fund, and 80% remains in Rainy Day Fund

Emergency Fire Cost Committee expanded from 4 to 6 members (including one nonvoting board representative and five voting members representing large forest owners, small forest owners, grazing land owners, and one at-large member) with authority to oversee Oregon Forest Land Protection Fund distributions and review forest protection district budgets

Wildfire Prepared Structure Program established to provide grants for retrofitting existing homes to be wildfire-resistant, with priority for wildland-urban interface residents, socially vulnerable communities, low-income persons, and those whose homes were destroyed by wildfire