HB 626-FN – AS INTRODUCED
2007 SESSION
06/03
HOUSE BILL 626-FN
AN ACT relative to the establishment and removal of certain toll booths.
SPONSORS: Rep. L’Heureux, Hills 19; Rep. Phinizy, Sull 5; Rep. Weyler, Rock 8; Rep. Pilliod, Belk 5; Rep. Hutchinson, Rock 3; Sen. Roberge, Dist 9
COMMITTEE: Public Works and Highways
This bill establishes and removes certain toll booths along Route 93.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
07-0502
06/03
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seven
AN ACT relative to the establishment and removal of certain toll booths.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Establishment of Toll Booth. The department of transportation shall establish a main line toll booth on Interstate Route 93 between exit 1 and the New Hampshire-Massachusetts border.
2 Removal of Toll Booths. The department of transportation shall remove the southbound toll booths on exits 10, 11, and 12 on the F.E. Everett Turnpike in Merrimack.
3 Effective Date. This act shall take effect 60 days after its passage.
LBAO
07-0502
Revised 03/01/07
HB 626 FISCAL NOTE
AN ACT relative to the establishment and removal of certain toll booths.
FISCAL IMPACT:
The Department of Transportation indicates this bill will decrease state restricted turnpike fund revenue by $1,903,067 in FY 2008 and $1,922,098 in FY 2009 and increase state restricted turnpike revenue by $40,411,999 in FY 2010, and $40,816,119 in FY 2011. The Department further indicates this bill will increase state restricted turnpike fund expenditures by $30,652,890 in FY 2008, $20,626,703 in FY 2009, $3,429,927 in FY 2010, and $3,517,824 in FY 2011. There will be no fiscal impact on county and local revenue or expenditures.
METHODOLOGY:
The Department of Transportation states this bill will establish a toll facility on interstate route 93 between exit 1 and the New Hampshire-Massachusetts border and remove the southbound toll booths on exits 10, 11, and 12 on the F.E. Everett Turnpike in Merrimack. The Department assumes the costs associated with construction of the interstate route 93 toll facility will be financed through a revenue bond; construction on the interstate route 93 26-lane toll facility will begin in FY 2008 and be completed by FY 2009, with the collection of revenue and start-up operating costs beginning in FY 2010; the toll rate structure and operational costs (prorated for the number of attended lanes) will be the same as the Hampton main line toll; the removal of the southbound Merrimack exits and cessation of toll collection at these exits will begin in FY 2008; operational costs will increase three percent annually; and traffic and revenue growth at all plazas is one percent annually. The following table provides the Department’s estimated revenue and expenditures resulting from this bill.
FY 2008 |
FY 2009 |
FY 2010 |
FY 2011 | |
Revenue |
||||
Proposed I-93 toll facility |
$42,353,318 |
$42,776,851 | ||
Removal of Merrimack southbound toll facilities |
$(1,903,067) |
$(1,922,098) |
$(1,941,319) |
$(1,960,732) |
Total |
$(1,903,067) |
$(1,922,098) |
$40,411,999 |
$40,816,119 |
Expenditures |
||||
Construction of I-93 toll facility |
$20,681,818 |
$20,681,818 |
||
I-93 toll facility operational costs |
$3,501,695 |
$3,606,746 | ||
Removal of Merrimack southbound toll facilities costs |
$10,010,019 |
|||
Merrimack southbound toll facilities operational costs |
$(538,947) |
$(555,115) |
$(571,768) |
$(588,922) |
Maintenance Costs |
$500,000 |
$500,000 |
$500,000 |
$500,000 |
Total |
$30,652,890 |
$20,626,703 |
$3,429,927 |
$3,517,824 |