Q:

Who owns the Texas toll roads?

A:

Quick Answer

As of 2015, the state of Texas owns Texas toll roads, according to The Texas Tribune. In 2004, Texas purchased the Camino Colombia toll road from the private company that constructed it, after the company filed bankruptcy. The South Texas road was the state's last privately owned toll road.

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Who owns the Texas toll roads?
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Full Answer

Texas has a history of public-private partnerships for constructing toll roads. The state contracted with a private group to construct a portion of Highway 130, which runs through Austin with an 85-mile-per-hour speed limit. Texas retained ownership of the road and land, notes The Texas Tribune. The construction group operates the toll road under a 50-year agreement, and it receives a portion of the toll collections. The Texas Turnpike Corporation attempted to develop a private toll road project outside of Dallas in 2014, but significant public and legislative opposition led the turnpike corporation to table the project in early 2015.

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