H.R.1767 - Freeing Alternatives for Speedy Transportation (FAST) Act108th Congress (2003-2004)
|Sponsor:||Rep. Kennedy, Mark R. [R-MN-6] (Introduced 04/11/2003)|
|Committees:||House - Transportation and Infrastructure|
|Latest Action:||04/14/2003 Referred to the Subcommittee on Highways, Transit and Pipelines. (All Actions)|
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Summary: H.R.1767 — 108th Congress (2003-2004)All Bill Information (Except Text)
Introduced in House (04/11/2003)
Freeing Alternatives for Speedy Transportation (FAST) Act - Amends Federal highway law to direct the Secretary of Transportation to establish and implement an Interstate System FAST Lanes program under which the Secretary shall permit a State, or a public or private entity designated by the State, to collect fees to finance the expansion of a highway by constructing additional lanes on the Interstate System for the purpose of reducing traffic congestion.
Requires the Secretary to conduct a study for a project with an estimated total cost of $50 million or more to determine: (1) if a toll facility for such project is feasible; and (2) if privatizing the construction, operation, and maintenance of the facility is financially advisable (while retaining legal and administrative control of the portion of the Interstate route).