IBTTA says federal toll regulation "unnecessary," liable to hamper toll financing, stifle innovationBy Peter Samuel on December 20, 2011
IBTTA, the toll industry association has said the Lautenberg/Grimm bill s2006 that would require the US transport secretary to set "just and reasonable" tolls on most of the nation's toll bridges and tunnels is unnecessary and would have serious unintended consequences.
Federal regulation of toll rates would add more uncertainty to toll revenues and reduce the ability of toll financing to improve road infrastructure.
Bill in Congress to give US Secretary of Transportation control over toll rates of bridges and tunnelsBy Peter Samuel on December 16, 2011
Misbehavior at Port Authority of New York and New Jersey (PANYNJ) has provoked moves in the US Congress to give toll setting powers over bridges and tunnels to the US secretary of transportation. Veteran New Jersey Democrat senator Frank Lautenberg has introduced a "Commuter Protection Act" s2006 which would command that tolls over any bridge or tunnel on a Federal-aid highway (virtually all toll bridges and tunnels) be: