Transportation Industry
Pa. Bill Would Authorize Lease, But Not Sale, of State's Turnpike
Transport Topics, March, 2007 by Leone, Dan
A new bill in the Pennsylvania House of Representatives would authorize the lease, but not the sale, of the Pennsylvania Turnpike to a private investor, according to legislative documents.
H.B. 555 was referred to the House Transportation Committee Feb. 19, after Rep. Richard Geist introduced the bill Feb. 15.
Under the proposed legislation, both the Pennsylvania Department of Transportation and Pennsylvania Turnpike Commission would have to approve any lease of the turnpike, Geist s office said.
"This bill is a win-win for the state and the taxpayers," Geist said in a statement. "Private industry has access to the latest technology in design and construction, which would provide a transportation system that meets the needs of Pennsylvania and its...
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