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

  • Rosa Rountree calls for clarity and consistency
    December 16, 2015
    Rosa Rountree campaigns for accurate and consistent figures for the tendering of tolling concessions. If there is one thing about which Rosa Rountree is passionate, it’s numbers. That’s not surprising for a graduate accountant, but it is not only the quarterly accounts that concern the CEO and president of Egis Projects USA.
  • Covid-19 and transportation: Maintaining critical operations in times of crisis
    September 12, 2020

     

    What were the major impacts of Covid-19 on transportation?

    At the peak of the shutdowns, passenger use of airports and mass transit was down 90 per cent. Use of roads by private vehicles was 60 per cent lower and use of commercial vehicles was down 10 per cent. Public transit was down 76 per cent and had to keep operating to get essential workers to their places of employment.

  • No in-road equipment for Queensland's free flow toll bridge
    February 1, 2012
    By May this year, the new Gateway Bridge in Brisbane, which is being built alongside an existing bridge, will be open. With it will come an end-to-end free-flow tolling system. Interview with Sue Caelers, Queensland Motorway Ltd. Queensland Motorways Ltd owns and operates 61km of roadway in the area around Brisbane, Australia. This includes the Gateway Bridge and the Gateway Extension, Logan and Port of Brisbane motorways.
  • Outlook good for transportation technology funding
    January 25, 2012
    Chris Cheever and Chris Thomas of Fontinalis Partners discuss the funding outlook for the ITS industry – where the money’s going to come from, and what needs to happen to facilitate change