Go to the Hearings Page for additional video


Next Live Web Cast
To Be Announced


Quick Links

Contact the Committee

2165 Rayburn House Office Building
Washington, DC 20515

Phone: (202) 225-4472
Fax: (202) 226-1270

Press Release

Oberstar, DeFazio Challenge 'Fair Market Value' Rule for Toll Roads

December 16, 2008

 

By Jim Berard 202-226-5064

Chairman Oberstar and Chairman DeFazio sent the attached letter to Secretary Peters late yesterday. It questions a DOT rulemaking that requires states to use a “fair market value” standard when dealing with toll operations on federally funded highways. The letter argues that using a market-based standard greatly favors private-sector operators over public toll authorities and ignores the public good in favor of a higher rate of return.

View the letter in PDF document here.

                                                              ###