Interstate 11 - Funding

Funding

The proposed funding bill for the U.S. Department of Transportation, which would replace stopgaps that expired on June 30, 2012, would officially designate I-11. The bill has passed by the Senate and is passed by the House before the end of June 2012, and it was signed by President Barack Obama. This bill would speed up funding for studying, engineering, and possibly building the highway, but it could still take a decade or two to complete. The high price tag makes I-11 in Arizona a leading candidate to become Arizona's first toll road. The legislature passed a law in 2009 that opened the door for private investors to team up with the Arizona Department of Transportation. In July 2012, Nevada's Transportation Board was awarded $2.5 million in contracts to a team of consultants that would find out if I-11 is feasible, and what its environmental and economic consequences would be.

Read more about this topic:  Interstate 11