HR 2340
117th Congress
House
Transportation and Public Works
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Toll Credit Marketplace Act of 2021
Introduced: April 1, 2021
Introduced by:
Pappas, Chris
Democratic
· New Hampshire
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 2, 2021
Referred to the Subcommittee on Highways and Transit.
Apr 1, 2021
Referred to the House Committee on Transportation and Infrastructure.
Apr 1, 2021
Introduced in House
Plain-English summary
Toll Credit Marketplace Act of 2021
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.
What's happening now
Referred to the Subcommittee on Highways and Transit.
Committees of jurisdiction
2