Current:Home > MarketsTennessee proposes 1st express toll lanes around Nashville, Chattanooga, Knoxville -WealthMindset Learning
Tennessee proposes 1st express toll lanes around Nashville, Chattanooga, Knoxville
View
Date:2025-04-27 14:44:44
NASHVILLE, Tenn. (AP) — Tennessee transportation officials on Monday recommended that new, optional toll lanes be added to some highways around Nashville, Chattanooga and Knoxville.
At a news conference, the Tennessee Department of Transportation said the sections would include Interstate 24 between downtown Nashville and Murfreesboro; Interstate 65 between downtown Nashville and Spring Hill; Interstate 24 in Chattanooga around Moccasin Bend; and Interstate 40 west of downtown Knoxville near where it splits with Interstate 75.
The department is recommending to lawmakers and a new state transportation board that the first project be the Nashville-to-Murfreesboro corridor.
It will be years before anything can be built. Officials will first need to complete further studies, as well as a bidding process to select which private entity would win contracts. The state can contract with private entities to develop, build, finance, maintain or operate the lanes. Tennessee expects to close on its first deal for a choice lane project sometime in 2026.
In a state that currently has no tolls on roads, the goal in Tennessee is to lure drivers who are willing to pay a fee — which usually increases as traffic does — to avoid congestion. Similar express lanes can be found across the South in Texas, Florida, Georgia, North Carolina and Virginia, as well as places such as California, Colorado, Washington and Minnesota.
Tennessee’s details emerged after lawmakers passed Gov. Bill Lee’s massive roadway funding law earlier this year, which allows the new toll roads. At Monday’s news conference, state transportation officials also discussed plans to replace the Interstate 55 bridge that connects Memphis and Arkansas over the Mississippi River. The need to replace the 75-year-old bridge became glaring when a crack was discovered on the adjacent Interstate 40 bridge, temporarily shutting it down to traffic in 2021 and forcing a slew of cars and semi-trucks onto Interstate 55.
The Interstate 55 project is expected to cost some $787 million. Tennessee and Arkansas have applied for a federal grant to cover half of it, and the two states would split remaining costs.
In addition to offering toll lanes as an option, the Republican governor’s road funding bill sets aside $3 billion for projects to be split equally among four regions. It also includes $300 million in transportation grants for local governments.
The law also raises electric vehicle fees and introduces a new one on hybrids, which the governor’s team has said will better reflect what those drivers would be paying in federal and state gas taxes. Like other states, Tennessee pays for its roads through gas taxes, a revenue stream that looks less reliable as more people switch to fuel-efficient and electric cars.
The new funding law avoids a traditional tax increase. Critics say the toll lanes will mostly benefit drivers who can afford paying for a quicker ride.
The department on Monday announced a 10-year plan totaling $15 billion, which also accounts for the state’s regular road funding sources. Fifty-five percent of the $15 billion goes toward construction projects, while 45% pays for road work, bridge repairs and other needs.
veryGood! (34756)
Related
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Logging Plan on Yellowstone’s Border Shows Limits of Biden Greenhouse Gas Policy
- Environmental Advocates Protest Outside EPA Headquarters Over the Slow Pace of New Climate and Clean Air Regulations
- Supersonic Aviation Program Could Cause ‘Climate Debacle,’ Environmentalists Warn
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- At CERAWeek, Big Oil Executives Call for ‘Energy Security’ and Longevity for Fossil Fuels
- Yes, a Documentary on Gwyneth Paltrow's Ski Crash Trial Is Really Coming
- Do Solar Farms Lower Property Values? A New Study Has Some Answers
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Why Khloe Kardashian Forgives Tristan Thompson for Multiple Cheating Scandals
Ranking
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- UN Water Conference Highlights a Stubborn Shortage of Global Action
- These Best Dressed Stars at the Emmy Awards Will Leave You in Awe
- Fracking Wastewater Causes Lasting Harm to Key Freshwater Species
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Patrick Mahomes Is Throwing a Hail Mary to Fellow Parents of Toddlers
- Megan Fox Covers Up Intimate Brian Austin Green Tattoo
- Landowners Fear Injection of Fracking Waste Threatens Aquifers in West Texas
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Star player Zhang Shuai quits tennis match after her opponent rubs out ball mark in disputed call
These 28 Top-Rated Self-Care Products With Thousands of 5-Star Reviews Are Discounted for Prime Day
Environmental Advocates Protest Outside EPA Headquarters Over the Slow Pace of New Climate and Clean Air Regulations
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
New Study Reveals Arctic Ice, Tracked Both Above and Below, Is Freezing Later
Richard Simmons’ Rep Shares Rare Update About Fitness Guru on His 75th Birthday
EPA Moves Away From Permian Air Pollution Crackdown
Like
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Gov. Moore Commits Funding for 67 Hires in Maryland’s Embattled Environment Department, Hoping to Fix Wastewater Treatment Woes
- Outrage over man who desecrated Quran prompts protesters to set Swedish Embassy in Iraq on fire