IBTTA Revenue Replacement Request Letter to Congress – April 7, 2020

IBTTA Revenue Replacement Request Letter to Congress – April 7, 2020

April 09, 2020  | Jeff Davis

This is a letter to Congress from the International Bridge, Tunnel and Turnpike Association dated April 7, 2020 requesting $9.245 billion in emergency federal appropriations to IBTTA members who operate toll facilities in order to replace revenues lost to coronavirus-depressed travel demand. The letter also requests changes in the TIFIA program to ease financial strain on toll operators with outstanding TIFIA loans.

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