InsideNoVa.com reports, Toll Road Investors Partnership II (TRIP II, controlled by Atlas Arteria) announced it will file an application to increase tolls — its first since 2019 — with the State Corporation Commission by April 28. The announcement included an acknowledgement that a bill to remove TRIP II from Corporation Commission regulation and allow it to operate under Virginia’s public-private transportation act has died in a state senate committee. The company, VDOT officials and some business groups supported the bill based on the assertion it would open the door to distance-based rate-setting and a reduction of toll costs for many drivers. Some state lawmakers and local government officials representing residents of the Greenway corridor objected, claiming the legislation’s real purpose was to enable TRIP II to circumvent existing controls over rate-setting.
Loudoun Times-Mirror covers the story in greater depth, providing background on years-long controversies involving Greenway financing and toll rates, factors many locals blame for the facility’s relatively low volume of traffic.