SB 155-FN - AS INTRODUCED

 

 

2025 SESSION

25-0949

06/05

 

SENATE BILL 155-FN

 

AN ACT relative to highway toll credits.

 

SPONSORS: Sen. Reardon, Dist 15; Sen. Watters, Dist 4; Sen. Lang, Dist 2; Sen. Innis, Dist 7; Sen. McGough, Dist 11; Sen. Pearl, Dist 17; Rep. Lane, Merr. 16; Rep. Wallner, Merr. 19; Rep. Bricchi, Merr. 15; Rep. Hicks, Merr. 24

 

COMMITTEE: Transportation

 

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ANALYSIS

 

This bill allows the use of toll credits as a match for federal highway funds for certain projects, including municipal, county, and non-profit projects, while requiring legislative approval for other uses.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

25-0949

06/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty Five

 

AN ACT relative to highway toll credits.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  Administration of Transportation Laws; Use of Toll Credits.  Amend RSA 228:12-a to read as follows:

228:12-a Use of Toll Credits. The department may use toll credits as a match for federal highway funds solely for the funding of highway and road projects, projects concerning the travel of motor vehicles on such highways and roads, and the completion of the project development phase of the project named Nashua-Manchester-Concord, project number 40818, in the 2019-2028 Ten Year Transportation Improvement Plan.  Any municipal, county, or non-profit managed project eligible for assistance under Title 23 may use toll credits as a match for any such assistance, where it is allowed by the federal government, without department or legislative approval.  Any other use of toll credits shall require approval of the joint legislative capital project overview committee, established in RSA 17-J:1, prior to moving the project forward for approval in the state 10-year transportation improvement program.

2  Effective Date.  This act shall take effect 60 days after its passage.

 

LBA

25-0949

1/10/25

 

SB 155-FN- FISCAL NOTE

AS INTRODUCED

 

AN ACT relative to highway toll credits.

 

FISCAL IMPACT:   

Estimated State Impact
		FY 2025	FY 2026		FY 2027	FY 2028
Revenue		$0	$0		$0	$0
Revenue Fund(s)		None
Expenditures*		$0	Indeterminable - See Methodology Below
Funding Source(s)		Federal Funds
Appropriations*		$0	$0		$0	$0
Funding Source(s)		None
*Expenditure = Cost of bill                *Appropriation = Authorized funding to cover cost of bill
Estimated Political Subdivision Impact
		FY 2025	FY 2026		FY 2027	FY 2028
County Revenue		$0	$0		$0	$0
County Expenditures		$0	Indeterminable - See Methodology Below
Local Revenue		$0	$0		$0	$0
Local Expenditures		$0	Indeterminable - See Methodology Below

 

METHODOLOGY:

This bill would allow municipalities, counties, and non-profits to use turnpike toll credits as their match when their transportation project is federally funded. The Department of Transportation states that typically, federally funded municipal projects are 80% federal funds and 20% municipal funds, and annually, the 20% municipal match amounts to approximately $20,000,000. The Department states that turnpike toll credit matches, in lieu of municipal matches, would utilize 100% federal funds, thereby reducing available federal funds which could be applied to additional projects. Therefore, this bill could result in a reduction in turnpike toll credit balance of $20,000,000 annually, and an increased use of federal funds by the same amount, thereby reducing available federal funds for either municipal or state federally funded projects by the same amount.  

 

AGENCIES CONTACTED:

Department of Transportation