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Congress Set to Approve Five-Year Highway Bill

Posted By Administration, Tuesday, December 08, 2015

House and Senate lawmakers are expected this week to approve a long-term highway bill. The current short-term agreement expires on Friday, December 4. If passed and signed into law, the long-term agreement would provide $305 billion in surface transportation funding over the next five years, with $205 billion going to highways.

The Fixing America's Surface Transportation Act, or FAST Act, formally reauthorizes the collection of the 18.4-cents-per-gallon gas tax and 24.4-cents-per-gallon diesel tax, and also includes $70 billion in "pay-fors" to close a $16 billion deficit in annual transportation funding that has developed as vehicles have become more fuel-efficient.

NASSTRAC supports the long-term highway bill and encourages members to send a letter to your lawmakers asking them to vote for the Fixing America's Surface Transportation Act. (
The Hill)

Tags:  Highway Bill  Long-term Transportation Bill  short-term highway Fund  Transportation Bill 

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