Directs the department of transportation to: (1) Develop and operate express toll lanes on Interstate 405 between the city of Bellevue on the south end and Interstate 5 on the north end;

(2) Conduct a traffic and revenue analysis for the development of a forty-mile continuous express toll lane system that includes state route number 167 and Interstate 405; and

(3) Develop a corridor-wide project management plan to develop a strategy for phasing the completion of improvements in the Interstate 405 and state route number 167 corridor.

Creates the eastside corridor express toll lanes operations account.