Florida bill could authorize toll road lease

| 3/22/2007

A bill is on the agenda for Florida's House of Representatives this week that, if approved, could pave the way for highway privatization in that state.

The bill - HB7033 - would authorize the state's Department of Transportation to lease toll roads to private entities. The bill would apply to any existing toll facilities in the state's highway system, except the Florida Turnpike.

The bill also limits the leases to 50 years, though it does leave room for the possibility of extending those agreements to 75 years or more.

Currently, the bill is before the House and could be voted on sometime this week.

The state Senate has no similar measure on its agenda.