summary
Introduced
05/08/2020
05/08/2020
In Committee
05/11/2020
05/11/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To direct the Secretary of Transportation to establish a toll credit exchange pilot program, and for other purposes. This bill directs the Department of Transportation (DOT) to establish and implement a toll credit exchange pilot program to identify the extent of the demand to purchase toll credits, identify the cash price of toll credits through bilateral transactions between states, analyze the impact of the purchase or sale of toll credits on transportation expenditures, test the feasibility of expanding the pilot program to allow all states to participate on a permanent basis, and identify any other repercussions of the toll credit exchange. In carrying out the pilot program, DOT must provide that an originating state may transfer or sell to a recipient state a credit not previously used by the originating state. DOT must also make available a public website on which originating states must post the amount of toll credits that are available for sale or transfer to a recipient state. DOT may terminate the pilot program or the participation of any state in the pilot program if the program is not serving a public benefit or it is not cost effective.
AI Summary
This bill directs the Department of Transportation (DOT) to establish a toll credit exchange pilot program. The program aims to identify the demand for purchasing toll credits, the cash price of toll credits through state-to-state transactions, the impact on transportation expenditures, the feasibility of expanding the program to all states, and any other repercussions of the toll credit exchange. The bill allows eligible states (referred to as "originating states") to transfer or sell unused toll credits to other states (referred to as "recipient states"). It requires DOT to provide a public website for originating states to post available toll credits and facilitate bilateral transactions between states. The bill also mandates reporting requirements for DOT to assess the viability and effectiveness of the pilot program, and allows DOT to terminate the program or a state's participation if it is not serving a public benefit or is not cost-effective.
Committee Categories
Transportation and Infrastructure
Sponsors (3)
Last Action
Referred to the Subcommittee on Highways and Transit. (on 05/11/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/6780/all-info |
| BillText | https://www.congress.gov/116/bills/hr6780/BILLS-116hr6780ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr6780/BILLS-116hr6780ih.pdf.pdf |
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