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Oregon may charge tech firms for undersea cables to fund public schools

World 1 source 1 country 🔦 Under-reported 50m ago

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.

Summary from source
Read the full story at the source Times of India · IN
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