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Toll Credit Marketplace Act of 2021

USA117th CongressS-1808| Senate 
| Updated: 5/25/2021
Jeanne Shaheen

Jeanne Shaheen

Democratic Senator

New Hampshire

Cosponsors (1)
Cory A. Booker (Democratic)

Environment and Public Works Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Toll Credit Marketplace Act of 202 1 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.
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Timeline

Bill from Previous Congress

S 116-2954
Toll Credit Marketplace Act
Apr 2, 2021

Latest Companion Bill Action

HR 117-2340
Referred to the Subcommittee on Highways and Transit.
May 25, 2021
Introduced in Senate
May 25, 2021
Read twice and referred to the Committee on Environment and Public Works.
  • Bill from Previous Congress

    S 116-2954
    Toll Credit Marketplace Act


  • April 2, 2021

    Latest Companion Bill Action

    HR 117-2340
    Referred to the Subcommittee on Highways and Transit.


  • May 25, 2021
    Introduced in Senate


  • May 25, 2021
    Read twice and referred to the Committee on Environment and Public Works.

Transportation and Public Works

Related Bills

  • S 117-1953: Surface Transportation Reauthorization Act of 2021
  • S 117-1931: Surface Transportation Reauthorization Act of 2021
  • HR 117-2340: Toll Credit Marketplace Act of 2021
Congressional oversightGovernment information and archivesGovernment studies and investigationsIntergovernmental relationsPublic-private cooperationRegional and metropolitan planningRoads and highwaysState and local financeState and local government operationsTransportation programs funding

Toll Credit Marketplace Act of 2021

USA117th CongressS-1808| Senate 
| Updated: 5/25/2021
Toll Credit Marketplace Act of 202 1 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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-2954
Toll Credit Marketplace Act
Apr 2, 2021

Latest Companion Bill Action

HR 117-2340
Referred to the Subcommittee on Highways and Transit.
May 25, 2021
Introduced in Senate
May 25, 2021
Read twice and referred to the Committee on Environment and Public Works.
  • Bill from Previous Congress

    S 116-2954
    Toll Credit Marketplace Act


  • April 2, 2021

    Latest Companion Bill Action

    HR 117-2340
    Referred to the Subcommittee on Highways and Transit.


  • May 25, 2021
    Introduced in Senate


  • May 25, 2021
    Read twice and referred to the Committee on Environment and Public Works.
Jeanne Shaheen

Jeanne Shaheen

Democratic Senator

New Hampshire

Cosponsors (1)
Cory A. Booker (Democratic)

Environment and Public Works Committee

Transportation and Public Works

Related Bills

  • S 117-1953: Surface Transportation Reauthorization Act of 2021
  • S 117-1931: Surface Transportation Reauthorization Act of 2021
  • HR 117-2340: Toll Credit Marketplace Act of 2021
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Congressional oversightGovernment information and archivesGovernment studies and investigationsIntergovernmental relationsPublic-private cooperationRegional and metropolitan planningRoads and highwaysState and local financeState and local government operationsTransportation programs funding