This bill is, in essence, a re-introduction of HB05-1342, also introduced by Representative Pommer, that passed unanimously in both the House and the Senate and was then vetoed by Governor Owens.  However, with no time left on the clock, the legislature could not re-convene to attempt an override of the veto.

The highlights of the bill:

• They must specify their route within 3 miles. Currently their are several roads claiming a 12 mile width.
• Work must be started within 3 years and they must spend $500,000 or they will lose their rights.
• They must comply with all CDOT regulations for toll roads in planning, constructing and maintaining the road.
• They must do the analysis and receive the approvals that would be required for an interstate highway including
  environmental, economic and social impact statements.
• Within 45 days of incorporation they must notify all metropolitan planning organizations in the route.
• Within 45 days notify all landowners and county clerks in the route.
• File a statement with each county that their corporate filing doesn't give them any sort of property rights.
• They must obtain plan and land use approval from each county.
• They must establish that the road will be financially sound and that they have the capital to build and operate it.
• Existing corporations will have 30 days to file a statement that they will comply with these new requirements.
• After acquiring land it can only be sold to someone who will continue building or operating the road.

In short, this bill makes private toll roads as accountable as public roads.

Thanks to Rob Dougherty of StupidSlab.com for summarizing this so well.

Currently, private toll roads have virtually no regulations enforced on them except where they cross Federal highways.

More information as soon as we get it.

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