Why not just build new highways and pay for them through the Transportation Trust Fund?
Maryland’s Transportation Trust Fund primarily comprises revenue from the gas tax and motor vehicle registration and titling fees. Some highway expansion projects are so big and expensive that it would take decades to accumulate enough money in the Transportation Trust Fund to pay for them. Express Toll Lanes would allow an expansion project to be built more quickly, free up traditional funding for other transportation needs, and help manage the use of the new lanes to maintain the choice of a relatively congestion-free route.
Related Questions
- Why isn the 16 cents gas tax, which goes to The Louisiana Transportation Trust Fund (TTF), enough to meet the states highway needs?
- How is Congress dealing with the trust fund’s budget and its obligations to state transportation projects?
- May I set up a small trust fund to pay the cost of gardening care of permanent planting?
