I'm amazed at the creativity. Too bad they don't put it to good use to serve the public.
AUSTIN — The Texas Department of Transportation is pushing Congress to pass a federal law allowing the state to "buy back" parts of existing interstate highways and turn them into toll roads.
The 24-page plan, outlined in a "Forward Momentum" report that escaped widespread attention when published in February, drew prompt objections Thursday from state lawmakers and activists fighting the spread of privately run toll roads.
The report not only advocates turning stretches of interstate highways into toll roads, but it also suggests tax breaks for private company "investment" in such enterprises.
It seeks changes in federal law to allow the use of equity capital as a source of transportation funding. Along with that, it calls for altering the tax code to "exempt partnership distributions or corporate dividends related to ownership of (a) toll road from income taxation."
Read the whole smelly article......
The "Forward Momentum" document can be read on TxDOTs website. These people are listed at the end of the document as contacts:
Contacts
Cindy Mueller, Manager, Federal Legislative Aff airs
Government & Business Enterprises Division
202-434-0230
202-628-1943 fax
CMueller@dot.state.tx.us
Patrick Mullane, Federal Representative
Government & Business Enterprises Division
202-434-0209
202-628-1943 fax
PMullan@dot.state.tx.us
Chris Lipp incott, Federal Representative
Government & Business Enterprises Division
512-463-9957
512-463-9389 fax
CLippin@dot.state.tx.us
Coby Chase, Director
Government & Business Enterprises Division
512-463-6086
512-463-9389 fax
CChase@dot.state.tx.us
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