Oregon proposes fees of up to nearly $5 million for undersea cables using its coastal seabed, with payments benefiting public schools
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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. What's Your Reaction?
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