Title: EVOLUTION OR REVOLUTION IN FEDERAL TOLL HIGHWAY POLICY? ISSUES AND STATE VIEWS FOR THE 1990S
Abstract: Federal policy on toll-financed highway improvements was fundamentally transformed by the Intermodal Surface Transportation Efficiency Act of 1991. While historic Federal policy generally prohibited Federal aid for toll projects, the Act permits states and private entities to combine Federal highway trust funds and toll financing for funding highway infrastructure improvements. This paper describes several policy issues and options regarding Federal toll road policy and presents the results of a survey of the chief administrative officers of the state Departments of Transportation (DOTs) regarding these options. The findings suggest that state DOTs strongly favor broad flexibility in Federal toll road policy. In addition, the findings suggest that certain clusters of states are more likely to experiment with alternative forms of financing innovation under a revised Federal policy than other state clusters.
Publication Year: 1992
Publication Date: 1992-01-01
Language: en
Type: article
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