Where I’m from, toll bonds are NEVER retired. They are designed to be that way. They will still exist at least until the Universe achieves maximum entropy.
Yes, people still think it is the old bond mechanism, when many of them now are simply private roads with eternal government kickbacks. They’ll neever be “paid off”.
CT actually got rid of theirs. I was surprised and just a kid at the time.
My dad told me that these things, sold as temporary, never go away.
However, it sounds to me like they are seeing PA’s success with such a program. It costs about $25 to drive the PA pike from Harrisburg to Somerset and I think it’s like $32 to Pitt.
That’s one freakin’ way. And lemme tell you, the road still has traffic, still has construction.