Oregon proposes fees of up to nearly $5 million for undersea cables using its coastal seabed, with payments benefiting public schools

Oregon is introducing new fees for undersea cable installations near its coast. These charges will generate revenue for the state's public K-12 schools. Existing fees were established about twenty-five years ago and were much lower. The new rates aim to attract tech investment while ensuring compensation. This update follows a 2020 incident involving a cable construction project.

By TOI World Desk