Skip to main content

Senators urge adoption of extension of transport funding

Following the introduction of the Highway and Transportation Funding Act of 2015, Part II (H.R. 3038), legislation to fund and extend the authorisation for America’s highway and transit programs through the end of the year, Senators Bill Schuster and Paul Ryan stated: “This country needs a long-term plan to fix our roads, bridges, and other infrastructure, and this bill gives us our best shot at completing one this year. By providing resources through the end of the year, we can ensure construction cont
July 15, 2015 Read time: 2 mins
Following the introduction of the Highway and Transportation Funding Act of 2015, Part II (H.R. 3038), legislation to fund and extend the authorisation for America’s highway and transit programs through the end of the year, Senators Bill Schuster and Paul Ryan stated:

“This country needs a long-term plan to fix our roads, bridges, and other infrastructure, and this bill gives us our best shot at completing one this year.  By providing resources through the end of the year, we can ensure construction continues while we work toward a package that could close the trust fund’s shortfall for as many as six years.  We urge all members who want some long-sought stability in our highway and transit programs to support this critical extension.”

The Highway and Transportation Funding Act of 2015, Part II would provide the Highway Trust Fund with US$8 billion in new revenues. US$5 billion from tax compliance measures and $3 billion from extending an airline security fee for two additional years. 

Related Content

  • March 16, 2022
    IBTTA: road user charge is the future
    The US government’s cash injection for the nation’s bridges represents a step forward – but IBTTA’s Pat Jones suggests that states need to consider the benefits of road usage charging
  • August 5, 2013
    Oregon tests new mileage-base charging scheme
    Jack Opiola from D’Artagnan Consulting LLP explains Oregon’s latest moves which mandated a trial of mileage-based road use charging. In 1919, Oregon made the 20th century’s most significant contribution to transportation funding policy, becoming the first state in America to implement a gas tax to pay for roads. This summer Oregon’s Legislature passed, and Governor John Kitzhaber signed into law, Senate Bill 810 which requires a distance-based road usage charge for 5,000 volunteer vehicles by 1 July 2015. T
  • November 28, 2012
    ITS America maps out implications and opportunities for ITS industry
    A critical milestone was reached in July 2012, when the US Congress passed, and President Obama signed, legislation reauthorising the nation's surface transportation programs, breaking a nearly three-year log-jam which had blocked critical transportation reforms and delayed much-needed infrastructure projects. In a town where compromise is sometimes considered an endangered species, Republicans and Democrats came together during a months-long series of negotiations and hashed out a bipartisan agreement that
  • April 29, 2014
    Obama Administration urged to focus on real solutions to infrastructure funding
    US trucking industry leaders have called on the Obama administration to focus on the real challenges and real solutions to the nation's infrastructure funding woes.