In 1975, the Virginia Department of Transportation (VDOT) assumed the operations of former Turnpike Authority. Although the initial bonds were retired in 1975, additional tolls were collected to finance improvements along other sections of the former Turnpike. Tolls for the bridge and I-95 were finally completely removed in 1992.
The bridge is high above the river, and is not considered in danger of flooding during periods when the river periodically floods. However, in the past the southern approach has been subject to closure due to flooding of the James River, notably after Hurricane Camille in 1969, Hurricane Agnes in 1972, and Hurricane Gloria in 1985.
Richmond's Flood Wall, designed to prevent a 280 year flood, completed in 1995 at a cost of about $142 million, is hoped to prevent such future closures.