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Toll Credit Marketplace Act of 2021

Introduced: May 25, 2021 Introduced by: Shaheen, Jeanne Democratic · New Hampshire See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 25, 2021
Read twice and referred to the Committee on Environment and Public Works.
May 25, 2021
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

States may purchase toll credits on behalf of metropolitan planning organizations or local governments in such states.

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 May 25, 2021

Read twice and referred to the Committee on Environment and Public Works.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1