Revision: April 17, 2019, 10:49 a.m.
SB 300-FN - AS AMENDED BY THE SENATE
03/07/2019 0882s
03/21/2019 1010s
2019 SESSION
19-0973
11/06
SENATE BILL 300-FN
AN ACT eliminating certain ramp tolls on the Everett turnpike in the town of Merrimack.
SPONSORS: Sen. Chandley, Dist 11; Rep. Barry, Hills. 21; Rep. Hinch, Hills. 21; Rep. Rung, Hills. 21; Rep. Stack, Hills. 21; Rep. W. Thomas, Hills. 21
COMMITTEE: Transportation
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ANALYSIS
This bill eliminates certain ramp tolls on the Everett turnpike in the town of Merrimack.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
03/07/2019 0882s
03/21/2019 1010s 19-0973
11/06
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nineteen
AN ACT eliminating certain ramp tolls on the Everett turnpike in the town of Merrimack.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Department of Transportation; Everett Tolls Eliminated. Notwithstanding any law to the contrary, the commissioner of the department of transportation shall eliminate the northbound and southbound ramp tolls for exit 11 on the Everett turnpike in the town of Merrimack upon payment of the proportion of the aggregate principal and interest on bonds issued to finance the New Hampshire turnpike system that was dedicated to improvements on the Merrimack interchanges on the Everett turnpike, and upon certification by the commissioner of the department of transportation to the speaker of the house of representatives, the senate president, the fiscal committee of the general court, and the secretary of state that turnpike toll revenues for the most recently completed fiscal year have increased over the previous fiscal year by an amount at least equal to the amount of revenue generated by the exit 11 tolls for the most recently completed fiscal year plus the projected cost to remove the exit 11 toll ramps.
2 Effective Date. This act shall take effect 60 days after its passage.
19-0973
Amended 4/15/19
SB 300-FN- FISCAL NOTE
AS AMENDED BY THE SENATE (AMENDMENT #2019-1010s)
AN ACT eliminating certain ramp tolls on the Everett turnpike in the town of Merrimack.
FISCAL IMPACT: [ ] State [ ] County [ ] Local [ X ] None
METHODOLOGY:
This bill, as amended, eliminates the northbound and southbound ramp tolls for Exit 11 on the Everett Turnpike in the Town of Merrimack after the following requirements are satisfied:
The Department of Transportation estimates this bill will have no fiscal impact from FY 2020 and each year thereafter until FY 2025 when all operational expenditures and toll revenues pertaining to this toll plaza will cease. For FY 2025, the Department estimates the net loss in revenue to be $840,000 without removing the toll plaza and $1.4 million if the cost of $500,000 is expended to remove the toll plaza.
AGENCIES CONTACTED:
Department of Transportation