HJR 38 -- TOLL ROADS

CO-SPONSORS:  Seigfreid, Klindt, Gaw, Relford, Davis (122),
Fitzwater, Kreider, Berkowitz, Summers

COMMITTEE ACTION:  Voted "do pass" by the Committee on Motor
Vehicle and Traffic Regulations by a vote of 18 to 2.

This proposed constitutional amendment gives the Highways and
Transportation Commission the authority to conduct feasibility
studies, fund, design, acquire, construct, maintain,
reconstruct, and operate toll facilities.

The amendment establishes the procedure and limitations for the
issuance, collection, and distribution of toll facility revenue
bonds or revenue refunding bonds for toll facilities.

When toll facilities have been paid for, all bonds retired, and
all transfers from the state road fund repaid with interest,
such facilities will become a part of the state highway system.

State toll facility revenue bond and refunding bond proceeds,
tolls, and other revenues derived from the establishment or
operation of toll facilities will not be considered part of
total state revenue and the expenditure of such revenues will
not be considered an expense of state government.

FISCAL NOTE:  Cost to General Revenue of $0 in FY 2000, $189,764
in FY 2001, and $0 in FY 2002.

PROPONENTS:  Supporters say that toll roads are another option
for funding needed highway projects.

Testifying for the bill were Representatives Seigfreid and
Klindt.

OPPONENTS:  There was no opposition voiced to the committee.

Robert Triplett, Legislative Analyst

HJR 38 -- Highways and Transportation Commission

Co-Sponsors:  Seigfreid, Klindt, Gaw, Relford, Davis (122),
Fitzwater, Kreider, Berkowitz, Summers

This proposed constitutional amendment gives the Highways and
Transportation Commission the authority to conduct feasibility
studies, fund, design, acquire, construct, maintain,
reconstruct, and operate toll facilities.

The amendment establishes the procedure and limitations for the
issuance, collection, and distribution of toll facility revenue
bonds or revenue refunding bonds for toll facilities.

When toll facilities have been paid for, all bonds retired, and
all transfers from the state road fund repaid with interest,
such facilities will become a part of the state highway system.

State toll facility revenue bond and refunding bond proceeds,
tolls, and other revenues derived from the establishment or
operation of toll facilities will not be considered part of
total state revenue and the expenditure of such revenues will
not be considered an expense of state government.