After decades of charging only a one-time fee for undersea cables along its coast, the Oregon Department of State Lands have recently begun discussing a new opportunity for tax revenue. Now, the state is set to charge cable operators a one-time fee for cable installations within three miles of its coastline and will be using that money to benefit public schools.

Oregon's proposal is generous and undercuts at California in a bid to continue to attract investment.

After decades of charging only a one-time fee for undersea cables along its coast, the Oregon Department of State Lands have recently begun discussing a new opportunity for tax…