North Carolina and Tennessee require that tolls be removed from PPP facilities upon the satisfaction of the debt that they financed. This was likely a politically popular maneuver, but one that does not serve to create a more efficient transportation network. Revenues collected from tolled transportation facilities after debt satisfaction can go towards funding other improvements and maintenance to the transportation network. Public funding shortfalls for transportation is an issue that is not likely to go away, and these tolls can be used to fund additional projects. Instead of requiring that tolls should be dropped after debt satisfaction, states should explicitly allow for continued tolling, to allow private entities to ensure their rate of return is met and to provide funding for subsequent transportation facilities.
Table 4-5: Toll Management
Code | Provisions | AL | AK | AZ | CA | CO | DE | FL | GA | IN | LA | MD | MN | MO | MS | NV | NC | OR | SC | TN | TX | UT | VA | WA |
5-a | Rate-Setting Control Set in Agreement | N | N | Y | Y | Y | Y | Y | Y | N | Y | Y | Y | Y |
| Y | N | Y | N | N | Y | N | Y | Y |
5-b | Requires Removal of Tolls After Payment of Debt |
| N | N | N | N | N |
| N | N | N | N | N | N | N |
| Y | N | N | Y | N | N | N | N |
***A cell left blank indicates state legislation does not make an explicit provision regarding that category.