In July 2007, Governor Rendell signed Act 44 into law, requiring the PTC to make payments to PennDOT for statewide transportation needs. In order to provide the payments, the PTC must increase its toll rates each year. A key part of Act 44 was the application to the Federal Highway Administration for permission to place tolls on Interstate 80 (I-80). The tolls would have funded I-80’s reconstruction and payments to PennDOT. After three years of studies (Click here for timeline), the federal government denied the application to convert I-80 to a tolled facility. The PTC, however, still must continue to make significant payments to PennDOT.
In addition to increased toll rates along the PA Turnpike, it is likely the PTC will have to cut spending on its own long-term projects and capital expenses, to maintain the mandated level of funding to PennDOT.
- The PTC has paid $4.3 Billion to PennDOT to date.
- In November 2013 House Bill 1060 was introduced, which modifies the PTC’s annual contribution to PennDOT to $450 million per year through 2022, and then $50 million annually from 2023 through 2057.
- By the end of the 50-year lease period outlined in the laws, the PTC will have provided over $10 billion in supplemental funding Non-Turnpike projects.