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HB 954 - Repeals Interstate 77 Toll Contract - North Carolina Key Vote

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Title: Repeals Interstate 77 Toll Contract

Vote Smart's Synopsis:

Vote to pass a bill that requires the termination of the Comprehensive Agreement for the !-77 HOT Lanes project, effective September 1, 2016.

Highlights:

  • Requires the Department of Transportation to terminate the Comprehensive Agreement for the I-77 HOT Lanes project (Sec. 1). 
  • Requires the State to pay for damages resulting from the termination of the Comprehensive Agreement (Sec. 1).
  • Establishes a reserve account within the Highway Trust Fund to pay any damages or monetary penalties resulting from the termination of the Comprehensive Agreement (Sec. 2).
  • Requires the suspension of certain projects, including, but not limited to the following (Sec. 3):
    • I-77/Gilead Road Interchange;
    • I-77/NC-73 Interchange; 
    • 5 projects to widen NC-73; and
    • Project widening US-21.

Full Bill Text

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