Report on the Elimination of Toll Roads HB 2612, 84th Texas Legislature
Provided to: Legislative Budget Board House Committee on Transportation Senate Committee on Transportation
September 1, 2016
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Contents
Section Page
Executive Summary 1
Section 1 – Debt Service on Bonds Issued for Toll Projects 6
Section 2 – Bonds Appropriate for Accelerated or Lump-Sum Payment 12 of Debt Service
Section 3 – Plan to Eliminate Toll Roads 16
Appendices
Appendix A – Index of Toll Road Bonds A
Appendix B – Assumptions Regarding Toll Road Debt Service Analysis B
Appendix C – Toll Road Project Actual vs. Projected Traffic C
Appendix D – House Bill 2612 D
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Executive Summary House Bill 2612, 84th Legislature, Regular Session, 2015, requires the Texas Department of Transportation (TxDOT) to prepare a report on the feasibility of eliminating toll roads in the State of Texas. This report is divided into three sections, which correspond to the requirements of the legislation: