Bill Sponsor
House Bill 2340
117th Congress(2021-2022)
Toll Credit Marketplace Act of 2021
Introduced
Introduced
Introduced in House on Apr 1, 2021
Overview
Text
Introduced
Apr 1, 2021
Latest Action
Apr 2, 2021
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2340
Congress
117
Policy Area
Transportation and Public Works
Transportation and Public Works
Primary focus of measure is all aspects of transportation modes and conveyances, including funding and safety matters; Coast Guard; infrastructure development; travel and tourism. Measures concerning water resources and navigation projects may fall under Water Resources Development policy area.
Sponsorship by Party
Democrat
New Hampshire
Democrat
Illinois
Democrat
New Jersey
Democrat
New Jersey
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
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.

Text (1)
April 1, 2021
Actions (3)
04/02/2021
Referred to the Subcommittee on Highways and Transit.
04/01/2021
Referred to the House Committee on Transportation and Infrastructure.
04/01/2021
Introduced in House
Public Record
Record Updated
Mar 9, 2023 5:47:48 PM