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S. 1808

Referred to Committee

Toll Credit Marketplace Act of 2021

Introduced 5/25/2021•117th Congress•Senate

Latest Action

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

5/25/2021 • Senate

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.

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.

Introduced in Senate • 5/25/2021

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Topics & Subjects

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

Congressional Votes (0)

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Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

2
Democrats
0
Republicans
0
Independents

Sponsor

S[
Sen. Shaheen, Jeanne [D-NH]

Democrat • NH

Sponsored 5/25/2021

Cosponsors (1)

S[
Sen. Booker, Cory A. [D-NJ]

D-NJ

Joined 5/25/2021

Bill Journey

Originated in the Senate

Introduced

May 25, 2021

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

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate5/25/2021

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors1