2012 -- S 2793 | |
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LC02150 | |
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STATE OF RHODE ISLAND | |
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IN GENERAL ASSEMBLY | |
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JANUARY SESSION, A.D. 2012 | |
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A N A C T | |
RELATING TO HIGHWAYS - RHODE ISLAND TURNPIKE AND BRIDGE AUTHORITY - | |
TOLLS | |
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Introduced By: Senators Ciccone, and Tassoni | |
Date Introduced: March 21, 2012 | |
Referred To: Senate Finance | |
It is enacted by the General Assembly as follows: | |
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SECTION 1. Section 24-12-27 of the General Laws in Chapter 24-12 entitled "Rhode |
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Island Turnpike and Bridge Authority" is hereby amended to read as follows: |
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24-12-27. Amount of tolls. -- Tolls shall be so fixed and adjusted in respect of the |
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aggregate of tolls from the project or projects or the portion or portions thereof in connection with |
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which bonds shall have been issued under the provisions of this chapter as to provide a fund |
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sufficient with other revenues, if any, to pay (1) the cost of maintaining, repairing, and operating |
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the project or projects or portion or portions thereof and (2) the principal of and the interest on the |
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bonds as the |
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for such purposes; provided, however, that the authority shall establish commutation rates for |
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traffic over the Mount Hope Bridge by all vehicles |
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supervision or regulation by any commission, board, bureau or agency of the state or of any |
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municipality or other political subdivision of the state. |
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SECTION 2. This act shall take effect upon passage. |
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LC02150 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO HIGHWAYS - RHODE ISLAND TURNPIKE AND BRIDGE AUTHORITY - | |
TOLLS | |
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This act would eliminate the limitation of commutation rate increases for traffic over the |
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Mount Hope Bridge. |
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This act would take effect upon passage. |
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LC02150 | |
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