A bipartisan push is under way in Congress to extend through this year certain tax credits that promote the adoption of alternatively powered vehicles.
President Trump has upped the ante by requesting Congress to craft a bipartisan bill that “generates” at least $1.5 trillion to invest in infrastructure.
The House-Senate conference committee charged with writing a compromise highway bill announced completion today of the FAST Act, a "fully funded five-year plan for surface transportation reauthorization.”
A bipartisan bill to extend the authorization for federal highway and transit programs through Dec. 4 was introduced in the House Nov. 16.
The highway bill passed by the House on Nov. 5 and the highway bill passed by the Senate in July are headed to a conference committee charged with working out any differences between the two measures.
Sen. Tom Carper contends all that’s needed to restore the Highway Trust Fund is to raise federal fuel taxes by four cents a year for four years and then index the rates to inflation from then on.
A bipartisan effort by four key Senators led the Senate Environment & Public Works Committee on June 24 to recommend that the full Senate consider a six-year bill that calls for spending $350 billion on surface-transportation infrastructure.
Bipartisan legislation introduced in the U.S. House Thursday would index the current federal gasoline and diesel fuel taxes to inflation, raising $27.5 billion to ensure highway-infrastructure spending is funded for exactly 1.7 years.
While Capitol Hill may yet again slap an eleventh-hour cold patch on the highway-funding gap, state governments are moving ever more quickly and innovatively to put their infrastructure spending in order.
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!