OOIDA reacts to Indiana Toll Road vote

| Friday, February 24, 2006

OOIDA remains strongly opposed to the sale and leasing of America’s roadways to foreign investors, as legislation involving the Indiana Toll Road moves forward.

The Indiana Senate Appropriations Committee voted Thursday, Feb. 23, along party lines 8-to-4 in favor of a bill that would lease the 157-mile northern Indiana highway for 75 years to a foreign consortium from Spain and Australia for $3.8 billion.

OOIDA believes the toll road is not the governor’s to sell and that it belongs to the people of Indiana and to the highway users who have paid for it and continue to pay for it with their tolls and taxes.

“The governor is mortgaging the future of the state of Indiana,” says OOIDA Executive Vice President Todd Spencer, who traveled to Indiana last week to testify against the bill.

“These leases sound like a lot of money on the front end, but what about when the money runs out? What do you put on the auction block next?”

In addition to highways, the legislation also gives the governor the authority to lease other transportation infrastructure including river ports and airports.

The bill passed the Republican-controlled House in a party-line vote and now goes before the full Republican-dominated Senate. The full Senate could vote as early as next week on the matter.

For the most recent OOIDA Call to Action on this issue, click here.

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