PRIVATE TOLLWAYS: HOW STATES CAN LEVERAGE FEDERAL HIGHWAY FUNDS
Congress has dramatically changed the rules on highway finance in enacting the Intermodal Surface Transportation Efficiency Act of 1991 (ISTEA). Reversing 70 years of federal opposition to toll roads, the new law encourages state governments to make use of private capital and direct user payments to increase total investment in our highway system. This report outlines the possibilities for private toll projects in the United States, in the context of the expansive new ISTEA provisions. In order to make use of these provisions, state enabling legislation will usually be necessary.
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Corporate Authors:
Reason Foundation
3415 S Sepulveda Boulevard, Suite 400
Los Angeles, CA United States 90034 -
Authors:
- Poole Jr, R W
- Publication Date: 1992-2
Language
- English
Media Info
- Features: References; Tables;
- Pagination: 20 p.
Subject/Index Terms
- TRT Terms: Finance; Investments; Legislation; Privatization; States; Toll roads
- Candidate Terms: Highway economics
- Identifier Terms: Highway Trust Fund; Intermodal Surface Transportation Efficiency Act of 1991
- Old TRIS Terms: Enabling legislation
- Subject Areas: Finance; Highways; Law; I10: Economics and Administration;
Filing Info
- Accession Number: 00624839
- Record Type: Publication
- Report/Paper Numbers: Policy Insight No. 136
- Files: TRIS
- Created Date: Aug 28 1993 12:00AM