SB 300-FN - AS AMENDED BY THE SENATE

03/07/2019 0882s

2019 SESSION

19-0973

11/06

SENATE BILL 300-FN

AN ACT eliminating certain ramp tolls on the Everett turnpike in the town of Merrimack.

SPONSORS: Sen. Chandley, Dist 11; Rep. Barry, Hills. 21; Rep. Hinch, Hills. 21; Rep. Rung, Hills. 21; Rep. Stack, Hills. 21; Rep. W. Thomas, Hills. 21

COMMITTEE: Transportation

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ANALYSIS

This bill eliminates certain ramp tolls on the Everett turnpike in the town of Merrimack.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03/07/2019 0882s 19-0973

11/06

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Nineteen

AN ACT eliminating certain ramp tolls on the Everett turnpike in the town of Merrimack.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Department of Transportation; Everett Tolls Eliminated. Notwithstanding any law to the contrary, the commissioner of the department of transportation shall eliminate the northbound and southbound ramp tolls for exit 11 on the Everett turnpike in the town of Merrimack upon payment of the proportion of the aggregate principal and interest on bonds issued to finance the New Hampshire turnpike system that was dedicated to improvements on the Merrimack interchanges on the Everett turnpike.

2 Effective Date. This act shall take effect 60 days after its passage.

LBAO

19-0973

1/28/19

SB 300-FN- FISCAL NOTE

AS INTRODUCED

AN ACT eliminating certain ramp tolls on the Everett turnpike in the town of Merrimack.

FISCAL IMPACT: [ X ] State [ ] County [ ] Local [ ] None


	Estimated Increase / (Decrease)
STATE:	FY 2020	FY 2021	FY 2022	FY 2023
Appropriation	$0	$0	$0	$0
Revenue	($1,375,448)	($1,400,068)	($1,423,870)	($1,448,075)
Expenditures	Indeterminable	($607,560)	($619,711)	($632,105)
Funding Source:	[ ] General [ ] Education [ ] Highway [ X ] Other - Turnpike Fund

METHODOLOGY:

This bill eliminates the northbound and southbound ramp tolls for Exit 11 on the Everett Turnpike in the Town of Merrimack. In estimating the potential impact on expenditures and revenue, the Department of Transportation assumed the following:

the ramp tolls will be removed on July 1, 2019;
besides the removal of these toll ramps, tolling efforts and operations will remain unchanged;
traffic revenue is assumed to grow approximately 1.8 percent per year on average based on a 2018 study conducted by the Jacobs Engineering Group;
costs are projected to grow at 2 percent per year between FY 2019 to FY 2023;
the cost of laying off the 9 full-time and 14 part-time toll attendants currently working at the Merrimack toll locations has not been considered (FY 2020 impact);
the toll booths are assumed to stay in place and not be removed, which would cost $500,000; and
this analysis does not consider the remaining debt service totaling $1,138,846 for the construction of Exit 11.

AGENCIES CONTACTED:

Department of Transportation