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Tennessee Tollway Act

State Tollway Fund

  • The Act creates a “state tollway fund.”   This fund will include toll revenues, proceeds from the sale of bonds, any grants or loans obtained from the Federal government, and any additional funds appropriated by the General Assembly.
  • The state tollway fund may be used to pay for the construction and operation of tollway projects; to be pledged as security for, and to pay off, bonds or other indebtedness; and in any other manner in which the state highway fund may be used.