Washington State House of Representatives Office of Program Research | BILL ANALYSIS |
Transportation Committee |
ESSB 6392
This analysis was prepared by non-partisan legislative staff for the use of legislative members in their deliberations. This analysis is not a part of the legislation nor does it constitute a statement of legislative intent. |
Brief Description: Clarifying the use of revenue generated from tolling the state route number 520 corridor.
Sponsors: Senate Committee on Transportation (originally sponsored by Senators Tom, Swecker, Oemig, Holmquist, Jacobsen, Haugen and Marr).
Brief Summary of Engrossed Substitute Bill |
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Hearing Date: 2/22/10
Staff: David Munnecke (786-7315).
Background:
The State Route (SR) 520 Evergreen Point Bridge is a 1.5 mile, 47-year-old bridge crossing Lake Washington in King County. The bridge is scheduled for replacement due to its vulnerability to seismic activity and storm events. In addition to the deteriorating physical condition, the bridge lacks shoulders for disabled and emergency vehicles and experiences considerable congestion.
Since 2008 the project design for any SR 520 replacement facility has been required to have six total lanes, with four general purpose lanes and two lanes that are for high occupancy vehicle travel (HOV) and transit. The design must also accommodate effective connections for transit, including high capacity transit, to the light rail station at the University of Washington.
During the 2009 legislative session, Engrossed Substitute House Bill 2211 was enacted, authorizing the initial imposition of tolls on the SR 520 corridor (defined as the area between Interstate 5 and SR 202) to be charged only for travel on the floating bridge portion of the corridor. The use of toll-backed bond proceeds was limited to the construction of the replacement floating bridge and necessary landings.
Summary of Bill:
Bond proceeds, backed by revenue generated from tolls on the SR 520 corridor, may be used for any project within the SR 520 bridge replacement and high occupancy vehicle (HOV) program, including projects beyond just the replacement floating bridge. However, $200 million in bond proceeds must be used only to fund the floating bridge and the west side of the corridor.
The corridor program must include the following elements, consistent with the legislatively identified total project cost of $4.65 billion:
a minimum carpool occupancy of 3+ persons on the SR 520 HOV lanes;
HOV lane performance standards;
a work group to study alternative transit connections at the University of Washington light rail station;
a work group to make recommendations regarding options for financing high capacity transit through the corridor;
a mitigation plan for the Washington Park Arboretum;
a work group to make recommendations regarding design refinements to Washington State Department of Transportation's (WSDOT) preferred alternative; and
an account into which civil penalties for failing to pay tolls on the corridor are deposited, to be used for any project within the corridor, including mitigation.
Appropriation: None.
Fiscal Note: Requested on February 22, 2010.
Effective Date: The bill takes effect 90 days after adjournment of the session in which the bill is passed.