WSR 24-08-007
PREPROPOSAL STATEMENT OF INQUIRY
TRANSPORTATION COMMISSION
[Filed March 21, 2024, 11:03 a.m.]
Subject of Possible Rule Making: State Route (SR) 520 bridge toll rates, fees, and policies.
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Per RCW
47.56.870, the Washington state transportation commission (WSTC) as the state tolling authority must consider toll rates that will help maintain travel time, speed, and reliability on the SR 520 corridor, and must set and adjust toll rates and policies to generate revenue sufficient and necessary to cover costs and obligations described in RCW
47.56.830 and
47.56.850. Toll rates must also be set to meet requirements contained in the SR 520 master bond resolution. Per RCW
47.56.795, WSTC is also authorized to assess systemwide administrative fees as appropriate for toll collection processes.
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: Other agencies that regulate this subject are the Washington state department of transportation as the operator of the tolled facilities, and the office of the state treasurer who oversees the financing of tolled facilities. WSTC works closely and coordinates with both agencies in developing toll setting proposals and carrying out the rule-making process for making toll adjustments.
Process for Developing New Rule: Agency study.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Carl See, WSTC, P.O. Box 47308, Olympia, WA 98504, phone 360-705-7070, email transc@wstc.wa.gov, website http://www.wstc.wa.gov.
March 12, 2024
Reema Griffith
Executive Director