TITLE

Bill Introduced in House to Allow Toll Lanes on Interstates

AUTHOR(S)
Sanchez, Humberto
PUB. DATE
April 2003
SOURCE
Bond Buyer;4/24/2003, Vol. 344 Issue 31621, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Republican Mark R. Kennedy, introduced legislation designed to relieve traffic congestion by allowing states to add toll lanes to the nation's interstate highways that could add capacity to crowded highways while raising revenue to cover construction costs. Under the law, tolls are not permitted on the nearly 43,000-mile Eisenhower Interstate System of highways, barring a few exceptions. States would likely finance the construction of the lanes with tax-exempt bonds, which would be backed by the toll revenue, an aide of Republican Mark R. Kennedy) said on April 23, 2003. States typically get federal transportation funding from the highway trust fund, which contains federal gas tax money distributed to states to finance the construction of transportation projects around the nation.
ACCESSION #
9676337

 

Related Articles

  • Report: As Traffic Congestion Grows, More Construction Needed. Sanchez, Humberio // Bond Buyer;9/8/2004, Vol. 349 Issue 31964, p5 

    Reports that construction of more highway and public transit projects are needed to help alleviate increasing traffic congestion in the U.S. in 2004. Tax-exempt bond issuance that can be spurred by an increase in the construction of roads and mass transit projects; Use of bonds by states and...

  • Texas Hopes to Merge Bonds Into Scheme to Decongest Highways. Albanese, Elizabeth // Bond Buyer;9/4/2001, Vol. 337 Issue 31216, p1 

    No abstract available.

  • Problems Predicted for Highway Trust Fund. Ichniowski, Tom // ENR: Engineering News-Record;11/14/2005, Vol. 255 Issue 19, p61 

    The article discusses some problems predicted for the Highway Trust Fund in the U.S. A report, done by Cambridge Systematics Inc., says that trust fund annual revenue between 2006 and 2015 will be $23 billion short of what it takes to maintain current road and transit conditions and $48 billion...

  • To Deal With Road Construction, Consider Riding The Shuttle At Rocky Mountain National Park.  // National Parks Traveler;5/23/2012, p1 

    The article presents information on road construction ramping up to the Rocky Mountain National Park, Colorado. It is stated that repairs to the Bear Lake Road will create some traffic congestion during the next two years as workers will rebuild, retain walls, and reroute nearly one mile-long...

  • A new year's rant. Kuhar, Mark S. // Pit & Quarry;Jan97, Vol. 89 Issue 7, p2 

    Comments on an article published in the newspaper `USA Today,' which deals with a report issued by the American Automobile Association. Listing of the ten worst bottlenecks among the nation's highways; Ineffectiveness of increased road building; Suggestion of increased use of public...

  • Transportation Projects Designed to Ease Congestion. Bell, Rick // San Diego Business Journal;6/9/2008, Vol. 29 Issue 23, p31 

    The article reports on the construction of new transportation projects to ease road congestion in the U.S. It relates the massive road widening project such as the mini-crossing bridge which extends from state route 163 of Sandiego to state route 78 in Escondido, as well as notes various road...

  • Port St. Lucie, Fla., Wins Approval for $165M of Road GOs. Sigo, Shelly // Bond Buyer;6/9/2005, Vol. 352 Issue 32150, p3 

    The article reports that nearly 90 percent of Port St. Lucie, Florida voters in Tuesday's special election approved issuing up to $165 million of general obligation bonds to build an eight-mile, six-lane road to relieve traffic congestion. Bond proceeds will be used to build the West Virginia...

  • N. Carolina Goes for Tolls. Sigo, Shelly // Bond Buyer;5/15/2008, Vol. 364 Issue 32876, p1 

    The article reports that the North Carolina Turnpike Authority is preparing its first bond issue of $635 million in September 2008 in North Carolina. The offering is conceived out of the Authority's desire to complete its proposed toll road in the Raleigh/Durham area, or the 18.8-mile Triangle...

  • North Carolina Toil Agency Sets $635M Road Issue, Plans Outer Banks Bridge P3.  // Bond Buyer;5/15/2008, Vol. 364 Issue 32876, p8 

    The article reports that the North Carolina Turnpike Authority is preparing its first bond issue of $635 million in September 2008 in North Carolina. The offering is conceived out of the Authority's desire to complete its proposed toll road in the Raleigh/Durham area, or the 18.8-mile Triangle...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics