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3 Key Points from Texas tollroad Operator Filing for Bankruptcy

The private company used its own funds to build the $13.3 billion tollroad segment under a 50-year lease with TxDOT
The Statesman has said the tollroad is 30% below projected use
No impact to Texas drivers who use the tollroad nor to Texas taxpayers for the unpaid toll road debt

KVUE |Part operator of SH 130 Toll files for bankruptcy

Statesman | Owner of southern section of Texas 130 files for bankruptcy

Texas Tribune | SH 130 Toll Road Operator Files for Bankruptcy

Vehicle Miles Traveled Road Funding. + 1 State & its a huge state.

What state is now considering to join Oregon with a vehicle miles traveled tax?

California

What are supporter arguments?

California has athe 45th worst roads in the country
Bad roads cost Californians $44 billion/year
Gas consumption peaked in 2005, making gas taxes an unreliable funding source
USC study shows a 2.1 cents per mile traveled tax can replace all of the revenue gained from the current state excise and sales taxes on gasoline

Tax Foundation | The VMT tax: A solution to…

Texas is #42 in Gas Taxes. 3 Bits Intel to Keep You Informed.

Texas total state fees and taxes on gasoline are 20.00 cents
Texas neighboring states are similarly low on state gasoline tax rates
High state gas tax states are:
- #5 California 40.62 cents
- #4 Hawaii 42.35 cents
- #3 New York 42.64 cents
- #2 Washington 44.50 cents
- #1 Pennsylvania 50.40 cents

Tax Foundation | State Gasoline Tax Rates in 2016

Another Car Hacked. Hackers can Find your car's GPS coordinates + more. 3 Bits Informed Intel.

Which care was hacked? Nissan Leaf

How did hackers gain control of the vehicle? By exploiting a weakness in the way it communicates with its companion app, NissanConnect EV

What systems can be controlled or accessed by hackers?

Hackers can control interal heat and colling controls
Access driving records
Determine your exact location with GPS coordinates

The Guardian | Hackers can control Nissan Leaf’s heating and access driving history

Trend: Pay for Bridge Repair with Truck Tax

Which state wants to trucks to pay a bridge toll? Rhode Island

What got Rhode Island to this point where bridge repair requires a bridge toll? Rhode Islands bridges are in the worst shape in the country. 23% of its bridges need structural repair, that’s the highest in the U.S.

What justifications are lawakers offering to toll truckers?

Trucks account for 70% of the damage to roads
Trucks pay about 20% of the cost of road

What numbers will the toll produce?

$20 on large commercial…

2,800. Safety First. 94% of traffic accidents caused by humans.

National Highway Traffic Safety Administration says in 2013, if everyone wore a seat belt, 2,800 lives would have been saved.
94% of traffic accidents are caused by human error.

Governing | 2,800 lives & Why Are Traffic Deaths Rising?

Western State to Lower Gas Tax. 3 Bits Informed Intel.

California is set to reduce its gas tax by 2.2cents.
How did California get here? To keep budgeter hands off California general revenue when paying off transportation bonds, Gov. Schwarzenegger and his Legislature “swapped the state’s sales tax on transportation fuel for an equivalent “gallonage tax.”’
each 1-cent adjustment to the tax is worth about $149.2 million
Sacramento Bee | AM Alert: California set to lower gas tax by 2.2 cents

TXDOT Studying Elimination of Tolls.

Did TXDOT come up with eliminating tolls on their own? No, it is a legisltive mandate from HB 2612 by Pickett

How do tolls and the Texas A&M Transportation Institute estimate, that Texas needs of $5 Billion more per year in transportation funding, correlate? The $5 billion per year funding shortage assumed that Texas would receive toll revenue.

El Paso Times | TxDOT begins look at axing tolls