5488-S AMH YOUN MATM 614

SSB 5488 - H AMD TO H AMD (H-2981.1/22) 1373

By Representative Young

NOT ADOPTED 03/08/2022

On page 3, line 30 of the striking amendment, after "47.46.100" insert "with the requirement that two-axle toll rates be no more than 75 cents lower than the toll rates in effect as of October 1, 2021"

On page 3, line 33 of the striking amendment, after "repaid." insert "The intent in this subsection shall not be construed to mean that toll rates for vehicles with three or more axles should be reduced."

On page 4, beginning on line 13 of the striking amendment, after "maintain" strike all material through "maintaining))" on line 15 and insert "((tolls)) toll rates at no more than ((twenty-five cents higher than the toll rates effective at the fiscal year 2018 level)) the amount in effect as of October 1, 2022, while also maintaining"

On page 4, beginning on line 23 of the striking amendment, after "loans" strike all material through "level))" on line 25 and insert "while maintaining ((tolls)) toll rates at no more than ((twenty-five cents higher than the toll rates effective at the fiscal year 2018 level)) the amount in effect as of October 1, 2022"

EFFECT: Makes the following adjustments:

Requires that two-axle toll rates be maintained at no more than 75 cents lower than the toll rates in effect as of October 1, 2022, until the debt is retired and state contributions repaid.

Adds the intention that any modification to toll rates in consideration of the increased annual contributions be limited to just two-axle vehicles.

Modifies the reporting requirements for the Transportation Commission such that the information to be provided to the Legislature to determine the adequate amount of contribution includes consideration of the toll rate level as of October 1, 2022.

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