Legislation and laws
2005 proposals to lift cap on GARVEE bond use
Read
Senate Bill 75 information
on Maryland General Assembly website.
Read
House Bill 1352 information
on Maryland General Assembly website.
Read Prince George's ACT's
background information on SB75
, which also applies to HB1352.
On February 15 Prince George's ACT filed
testimony opposing SB75
.
On March 8 Prince George's ACT filed
testimony opposing HB1352
.
Read the
February 16 press release
.
Read a 2004
Baltimore Sun editorial
describing New Jersey's adverse experience with GARVEE bonds and advocating private financing.
Read a 3/21/05
Washington Post editorial
advocating less reliance on GARVEE bonds for the ICC.
Read
Today's Roads with Tomorrow's Dollars: Using GARVEE Bonds to Finance Transportation Projects
, a March 2005 Brookings Institute report advising limits on and prudence in the use of GARVEE bonds.