Lawmakers approve plan to put the brakes on private toll roads | SummitDaily.com
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Lawmakers approve plan to put the brakes on private toll roads

DENVER – A Senate committee tried again Tuesday to put the brakes on private toll roads, approving a measure that would put teeth in a new state law that requires toll road companies to get approval from the state Department of Transportation before they can condemn land for their projects.Backers said the new law signed last month by GOP Gov. Bill Owens did not go far enough and could have allowed companies to seize their property to build railroads, hotels and housing subdivisions.The Senate State, Veterans and Military Affairs Committee approved a measure (House Bill 1003) that would require work on a toll road or toll highway to begin within three years after incorporation. It also would require that investors spend at least $500,000 or forfeit all rights.


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