Highway Construction Private Investment Act of 1993 - Directs the Secretary of Transportation to permit Federal participation in initial construction of any toll highway, bridge, or tunnel on the Interstate System and in the reconstruction of a toll-free Federal-aid highway on the Interstate System and its conversion to a toll facility.
Requires each State, to avoid having specified Federal highway funds withheld from apportionment, to enter into contracts with private persons to finance construction of toll facilities which require such persons to obligate under such contracts, in the aggregate, an amount equal to or exceeding the State's aggregate apportionment amount for the fiscal year.
Sets forth provisions regarding the reapportionment of withheld funds.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR H2605, H2663)
Referred to the House Committee on Public Works + Transportation.
Referred to the Subcommittee on Surface Transportation.
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