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TOLL ROADS DEBATE * USA - Corzine wants to increase tolls 50 percent in 2010, 2014, 2018 and 2022
Gov. Corzine unveils draft legislation for toll plan
Trenton,NJ,USA -The Trucker News Services, by TOM HESTER Jr -5 Feb 2008: -- Gov. Jon S. Corzine on Monday released draft legislation for his proposal to increase tolls on some of the nation’s busiest highways for decades to come to raise money to pay state debt and fund transportation... The legislation calls for creation of a new state agency to issue bonds to pay at least half of $32 billion in state debt and fund transportation projects... To support the plan, Corzine wants to increase tolls 50 percent in 2010, 2014, 2018 and 2022. Those increases would include inflation adjustments, and after 2022 tolls would increase every four years until 2085 to reflect inflation. The Atlantic City Expressway, Garden Parkway, New Jersey Turnpike and Route 440 would be affected...
Labels: toll roads debate
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