Skip to main content

US transportation funding development

US Transportation and Infrastructure Committee Chairman John L. Mica (R-FL) announced recently that House and Senate conferees are concluding a bicameral, bipartisan agreement on a major transportation bill. The measure focuses on unprecedented reforms by cutting red tape and consolidating federal transportation programmes. The tentative agreement establishes federal highway, transit and highway safety policy and keeps programmes at current funding levels through the end of fiscal year 2014. Unlike the last
June 29, 2012 Read time: 2 mins
US Transportation and Infrastructure Committee Chairman John L. Mica (R-FL) announced recently that House and Senate conferees are concluding a bicameral, bipartisan agreement on a major transportation bill. The measure focuses on unprecedented reforms by cutting red tape and consolidating federal transportation programmes.

The tentative agreement establishes federal highway, transit and highway safety policy and keeps programmes at current funding levels through the end of fiscal year 2014. Unlike the last transportation bill, which contained over 6,300 earmarks, this bill doesn’t include any earmarks, nor does it increase taxes.

“This is the jobs bill for the 112th Congress,” Mica stated. “The unprecedented reforms in this legislation – cutting red tape, truly making projects ‘shovel ready,’ shrinking the size of the federal bureaucracy, attracting more private sector participation, and giving states more flexibility to address their critical priorities – will ensure that we more effectively move forward with major highway and bridge improvements and put Americans back to work.

“The Highway Trust Fund is going bankrupt, and this paid-for measure provides necessary, real reform that focuses our limited resources on critical infrastructure needs. This legislation is specifically designed to reform and consolidate our transportation programmes, streamline the bureaucratic project process, and give states more flexibility to save taxpayers’ hard-earned money,” Mica said.

If a majority of House and Senate conferees approve the conference report, both bodies are then expected to take up the measure before the end of the week, prior to the expiration of the current extension of transportation funding on June 30th.

Related Content

  • How Florida paved the way for availability payments in the US
    November 21, 2014
    New financing models have been used to deliver key transport links in the US - * Patrick D Harder and Brandon J Davis Florida Department of Transportation’s (FDOT) public-private partnership (PPP) programme has made impressive progress, setting precedents for US transportation planning and funding. On March 26th 2014, FDOT opened 16km of new reversible express lanes as part of its US$1.8 billion I-595 Corridor Roadway Improvements Project. Just a few months later, on August 3rd 2014, FDOT opened twin tunnel
  • PPRS event highlights transport investment shortfall
    April 30, 2015
    The PPRS event in Paris highlighted the need for additional investment in road transportation – David Arminas writes. Consider the global road network. An improved road from one rural African town to another can reduce the journey time from a one-day walk to a one-hour drive. This could save lives through access to a hospital; allow small businesses to work faster by getting in supplies more quickly; allow children to attend a better equipped school. Roads affect society by allowing healthier and bett
  • UK ‘pauses’ smart motorway rollout
    January 12, 2022
    New All Lane Running smart motorway schemes halted until five years of safety data is available.
  • Coalition to address deterioration in US transportation system
    February 13, 2012
    The American Crisis in Transportation Coalition (ACT) has been formed to expand national understanding of the serious deterioration of America's transportation system, and to educate the public and Congress on the funding needed to save the system from continued decline.