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Chamber Supports Subramanyam Bill to Better Regulate Greenway Tolls

Chamber Supports Subramanyam Bill to
Better Regulate Greenway Tolls

 
Urges officials to focus on graduated tolling and operational cost analysis
 
Loudoun County, VA –Today, the Loudoun County Chamber of Commerce issued a statement of support for Delegate Suhas Subramanyam’s House Bill (HB 523), which seeks to empower the State Corporation Commission to better regulate toll increases on the Dulles Greenway. 

“The Loudoun County Chamber of Commerce is proud to support the efforts of Delegate Subramanyam to give the State Corporation Commission (SCC) the authority to set more reasonable toll rates on the Dulles Greenway,” said Chamber President and CEO Tony Howard.  

“The Greenway’s high tolls clearly discourage use of the roadway by the public.  Consequently, thousands of drivers daily crowd onto already congested local roads, worsening the intolerable level of traffic in Loudoun County, damaging our quality of life and harming the economic competitiveness of our businesses and their employees,” said Howard

HB 523 would require that toll rates “not materially discourage the public’s use of the toll road.”  It also states that tolls must be based on distance traveled and that rates can only be adjusted to cover the actual cost of operating and maintaining the roadway, and not indirect costs including: “lobbying services, excessive compensation, and entertainment expenses.” 
 
The passage of this bill would provide much needed certainty in the market as transportation costs are a major concern of business expansion and provide Loudoun County and Northern Virginia an advantage over our neighboring states competing for this economic development growth.
 
To learn more about the Loudoun Chamber’s Public Policy Initiatives, contact Grafton deButts, VP of Membership & Government Affairs, gdebutts@loudounchamber.org or visit our website, www.LoudounChamber.org.
 
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