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

  • Improving, integrating weather monitoring for safer roads
    February 6, 2012
    Paul Pisano, USDOT Federal Highway Administration, and Charles Harris, Noblis Inc, chart progress in the US of Maintenance Decision Support Systems for winter maintenance and weather management
    Read More
  • EU passes testing rules to avoid ‘Dieselgate’ repeat
    April 24, 2018
    The European Parliament has rubber-stamped new rules following the Volkswagen emissions scandal which seek in part to increase the quality of testing. The idea of the reforms for the type approval process is to ensure that vehicles act on the road in the way that they have been tested in laboratory conditions. The agreement, which has been two years in the making, requires national market surveillance authorities to check 1 in 40,000 vehicles registered in the country the previous year, with at least 20% o
    Read More
  • Electronic vehicle registration ensures payment
    February 2, 2012
    Like most countries, Bermuda recognised that it was losing revenue through non-compliance with vehicle registration regulations and was equally concerned about vehicles that were not properly insured or put through annual inspections. Indeed, the tiny island state, with a population of around 65,000 people and some 30,000 vehicles, estimated it was losing more than US$1.4 million per year in tax-based revenue since approximately 8 per cent of vehicle owners were cheating the system.
    Read More
  • Ukraine transport gets EBRD money
    January 3, 2023
    European Bank will fund infrastructure work following Russian invasion and bombing
    Read More

Highlighted Content