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Keyword: tollrevenues

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  • Senate approves moratorium on private toll roads (updated)

    04/20/2007 2:28:20 PM PDT · by Tolerance Sucks Rocks · 10 replies · 485+ views
    Houston Chronicle ^ | April 19, 2007 | Liz Austin Peterson (Associated Press)
    AUSTIN — The Texas Senate on Thursday approved a bill placing a two-year moratorium on private toll road contracts and creating a panel to review the terms of those agreements. Gov. Rick Perry had urged the Legislature to reject the freeze. He said the state's current transportation system, which involves public-private partnerships to build toll roads, needs to continue if Texas is to keep attracting big companies and jobs. But growing opposition to Perry's proposed Trans-Texas Corridor — a combined toll road and rail system that would whisk traffic from the Oklahoma line to Mexico — have made some lawmakers...