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Rep. John L. Mica (R-Fla)

Congress approves 2-year transportation bill

Under the agreement, federal transportation funding will continue at roughly $54 billion a year, with public transportation funds set at $8.36 billion in FY2012, $8.47 billion in FY 2013 and $8.595 billion in FY 2014.

Mica, Boxer laud pending 2-year authorization bill

The tentative agreement establishes federal highway, transit and highway safety policy and keeps programs at current funding levels through the end of fiscal year 2014. 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.

Mica touts House authorization bill

In related news, Mica also announced that he will introduce a three-month extension of highway and transit programs. The extension will not include changes to current transportation policy.

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