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Expert Analysis

How Obama's Highway Toll Bill Would Affect PPP Activity

Law360, New York (May 1, 2014, 5:51 PM EDT) -- In a major policy shift with potentially large implications for U.S. infrastructure public-private partnership activity, the Obama administration has proposed to change federal law to give U.S. states broad authority to put tolls on existing interstate highways to provide funding for transportation purposes. The administration's proposal is contained in a proposed $302 billion new surface transportation bill sent to Congress. The current federal surface transportation funding bill, known as "MAP 21," expires in September....

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