Government Issues

Congress to vote on 5-year transportation bill this week

Posted on December 2, 2015

Treehugger
 
Treehugger
 

WASHINGTON, D.C. — With the Dec. 4 expiration date coming up quickly, House and Senate negotiators struck an agreement on a $305 billion highway bill that would extend federal transportation funding for five years, The Hill reported.

The measure calls for spending approximately $205 billion on highways and $48 billion on transit projects over the next five years. It also reauthorizes the controversial Export-Import Bank’s expired charter until 2019.

The bill is now on its way to the House and Senate for approval. For the full story, click here.

Below is a statement of House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA), who is also chairman of the surface transportation bill Conference Committee; Senate Environment and Public Works Committee Chairman Jim Inhofe (R-OK), who is the Conference Committee’s vice chairman; House Transportation and Infrastructure Committee Ranking Member Peter DeFazio (D-OR); and Senate Environment and Public Works Committee Ranking Member Barbara Boxer (D-CA):

 “This legislation is a vital investment in our country. A safe, efficient surface transportation network is fundamentally necessary to our quality of life and our economy, and this conference report provides long-term certainty for states and local governments, and good reforms and improvements to the programs that sustain our roads, bridges, transit, and passenger rail system. We knew that reaching an agreement on this measure would be challenging, but every member of the conference committee was certainly up to the task. We appreciate their hard work in this effort, and we look forward to moving this measure forward and getting it signed into law.”

View comments or post a comment on this story. (0 Comments)

More News

FASTLANE grant applications toal more than $7B

The program was established in the FAST Act to fund critical freight and highway projects across the country.

Autonomous vehicles: threat or opportunity for urban mobility?

AVs will lead to a dystopian future of even more private car traffic on the road unless they are put to use in shared fleets and integrated with traditional public transport services.

Transportation Secretary nominee cruises through hearing, offers few solutions

Elaine Chao promised to look at creative ways to attract funding for the $1 trillion infrastructure investment that the president-elect campaigned on, but was careful to avoid mentioning any specific financial figures.

Current planning, funding won't meet future transportation demands: report

The Beyond Traffic 2045 report is a comprehensive study of the major trends that will shape our nation’s transportation system over the next thirty years.

Energy exec. Klepper to lead new Build America Bureau

The newly created entity within the U.S. DOT streamlines access to federal credit and grant opportunities while providing technical assistance to project planning, financing, delivery, and monitoring.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close