Posts tagged surface transportation bill

Posted 2 years ago
The Senate and House of Representatives finished their conference on Friday, June 29, to finalize the new surface transportation bill. The bill is responsible for making it legal for the federal government to collect gas taxes and manage the Highway Trust Fund and its Mass Transit Account, disbursing revenues to road, transit, railroad, water, bicycling, and pedestrian transportation infrastructure projects. The previous bill, known as SAFETEA-LU, was extended for 1,000 days since its original expiration in 2009. The new bill is known as MAP-21 and will expire September 30, 2014, for a total duration of 27 months. President Obama was expected to sign the bill, H.R. 4348, last Friday.

The Senate and House of Representatives finished their conference on Friday, June 29, to finalize the new surface transportation bill. The bill is responsible for making it legal for the federal government to collect gas taxes and manage the Highway Trust Fund and its Mass Transit Account, disbursing revenues to road, transit, railroad, water, bicycling, and pedestrian transportation infrastructure projects. The previous bill, known as SAFETEA-LU, was extended for 1,000 days since its original expiration in 2009. The new bill is known as MAP-21 and will expire September 30, 2014, for a total duration of 27 months. President Obama was expected to sign the bill, H.R. 4348, last Friday.