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TOLLS * USA -
* Texas DOT report calls for tolling interstates
TX,USA -Land Line Magazine -September 4, 2007: -- A report left out of the public spotlight for more than six months reveals that officials at the Texas Department of Transportation want to toll interstate highways and shelter private investors from paying income taxes on toll revenue... TxDOT proposes that the federal government do the following:
* Reduce federal restrictions on tolling by removing pilot-program status;
* Authorize states to toll interstates and allow toll revenue to be used for a variety of funding needs;
* Allow states to “buy back” interstates or segments of interstates;
* Allow equity capital such as pension funds to be utilized as a transportation investment source; and
* Exempt corporate dividends related to ownership of a toll road from income taxation.
Labels: tolls roads debate
posted by Unknown @ 12:02 PM
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