oregon highway use tax bond

Oregon Highway Use Tax Bonds are required by the Oregon Department of Transportation Motor Carrier Transportation Division.

An Oregon Highway Use Tax Bond is a type of surety bond that promises you will pay your highway taxes.

If you operate a commercial vehicle with a gross weight of over 26,000 pounds, you will need to get this bond. If you operate a commercial vehicle that is less than 26,000 pounds but you are hauling for-hire, you will also need to get this bond.

How Does an Oregon Highway Use Tax Bond Work?

When you get an Oregon Highway Use Tax Bond, you are promising the state of Oregon that you will pay your taxes. If you fail to do this, the state of Oregon can file a claim against your bond.

The surety bond company who issued your bond will investigate the claim and determine if it is valid. If it is, they will give you the opportunity to pay your taxes and satisfy the claim. If you fail to do so, the surety company will pay the state of Oregon out of your bond amount.

The surety company will then come to you for reimbursement of that money. You are responsible for every penny of a bond claim.

You can learn more about how the surety bond claim process works.

How to get an Oregon Highway Use Tax Bond

If you need to get an Oregon Highway Use Tax Bond, you will need to contact a surety bond company and apply for your bond.
The surety company will examine your business and financial history to ensure that you are a responsible business with a history of repaying companies on-time. You may need to provide information about your payment history or credit history.

The bond amount

Bond amounts can range from $2,000 to $10,000.
  • 1 vehicle: $2,000 bond
  • 2-5 vehicles: Add $375 per vehicle to the initial $2,000 bond amount
  • 6-10 vehicles: Add $250 per vehicle to the initial $2,000 bond amount
  • More than 10 vehicles: Add $125 per vehicle to the initial $2,000 bond amount

How much will the bond cost?

You will not need to pay the full bond amount. Many people can get their Oregon Highway Use Tax Bond for a flat rate of just $100. In cases where the bond amount exceeds the flat rate, the price you pay is based off your credit score.
You can see how much you’d pay by getting a free quote below.

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