GA SB 183 (Permanent Toll Roads)

To amend Part 1 of Article 2 of Chapter 10 of Title 32 of the Official Code of Georgia Annotated, relating to general provisions relative to the State Road and Tollway Authority, so as to provide for a definition; to provide for powers of the authority; to allow for the indefinite collection of tolls in certain instances; to provide for submission of an annual report on certain toll collections to the General Assembly; to provide for letting of contracts by competitive bids; to provide for related matters; to repeal conflicting laws; and for other purposes.

SUMMARY

Provisions in this bill change Georgia law to allow for permanent toll roads with no expiration on collections.

It allows the State Road and Tollway Authority (SRTA) to extend credit or make loans to any person, firm, corporation, limited liability company, or other type of entity for the planning, design, construction, acquisition, financing, refinancing, operating, maintaining, or carrying out of any project. Such credit or loans may be secured by loan agreements, deeds to secure debt, security agreements, contracts, and all other instruments, tolls, fees, or charges, upon such terms and conditions as the authority shall determine reasonable in connection with such loans, including provision for the establishment and maintenance of reserves and insurance funds. Any contract, loan agreement, deed to secure debt, security agreement, or other instrument, may include provisions for guaranty, insurance, construction, use, operation, maintenance, and financing of a project as the authority may deem necessary or desirable.

It also incorporates one or more nonprofit corporations as subsidiary corporations of the authority for the purpose of carrying out any of the powers of the authority and to accomplish any of the purposes of the authority, and more.

Get more info here:

• SB183
• Toll Road Fees: Georgia Bill Would Make Drivers Pay Indefinitely
• Permanent highway tolls draw fire in General Assembly
• Georgia highway tolls may never expire
• State teeing up toll lane network for metro Atlanta
• Georgia Readies New Toll Road Option For Atlanta’s Rush Hour Traffic

SURVEY QUESTION:

Should Georgians support passage SB183 to allow for establishment of toll roads with indefinite toll collections, to allow the State Road and Tollway Authority (SRTA) to extend credit or make loans to persons, corporations, LLCs, or other types of entities and to incorporate one or more nonprofit corporations as subsidiary corporations of the authority for the purpose of carrying out any of the powers of the authority?

YESMAYBENO

OPTIONAL:

Find your house district here.

Select your county (required): ---ApplingAtkinsonBaconBakerBaldwinBanksBarrowBartowBen HillBerrienBibbBleckleyBrantleyBrooksBryanBullochBurkeButtsCalhounCamdenCandlerCarrollCatoosaCharltonChathamChattahoocheeChattoogaCherokeeClarkeClayClaytonClinchCobbCoffeeColquittColumbiaCookCowetaCrawfordCrispDadeDawsonDe KalbDecaturDodgeDoolyDoughertyDouglasEarlyEcholsEffinghamElbertEmanuelEvansFanninFayetteFloydForsythFranklinFultonGilmerGlascockGlynnGordonGradyGreeneGwinnettHabershamHallHancockHaralsonHarrisHartHeardHenryHoustonIrwinJacksonJasperJeff DavisJeffersonJenkinsJohnsonJonesLamarLanierLaurensLeeLibertyLincolnLongLowndesLumpkinMaconMadisonMarionMcDuffieMcIntoshMeriwetherMillerMitchellMonroeMontgomeryMorganMurrayMuscogeeNewtonOconeeOglethorpePauldingPeachPickensPiercePikePolkPulaskiPutnamQuitmanRabunRandolphRichmondRockdaleSchleyScrevenSeminoleSpaldingStephensStewartSumterTalbotTaliaferroTattnallTaylorTelfairTerrellThomasTiftToombsTownsTreutlenTroupTurnerTwiggsUnionUpsonWalkerWaltonWareWarrenWashingtonWayneWebsterWheelerWhiteWhitfieldWilcoxWilkesWilkinsonWorth

The bigger picture… toll roads across America.

• 1992: Executive Order 12803—Infrastructure Privatization
• 2008:Willie Nelson: I’d Rather Have an Electric Chair Named After Me Than a Toll Road
• 2013: Texas Toll Road Scam
• 2014: White House Wants to Turn Interstates Into Toll Roads
• 2014: How Macquarie Makes Money By Losing Money on Toll Roads
• 2016: I-77 could take a toll on Gov. Pat McCrory (Charlotte)
• 2016: Road funding tops Indiana Chamber of Commerce legislative agenda
• 2016: Trump picks Chao to take on trillion-dollar transportation fix
• 2017: Chamber backs the Unified Transportation Program to support toll roads (San Antonio)
• 2017: South Bend Chamber supports toll roads (Indiana)
• From International to Interstates: Assessing the Opportunity for Chinese Participation in U.S. Infrastructure (U.S. Chamber of Commerce International Affairs)

Share this: