House Transportation and Infrastructure Committee to Move Forward with Consideration of Surface Transportation Reauthorization Bill Without Funding Identified

Posted on: October 9th, 2015 by NADO Admin

The House Transportation and Infrastructure Committee plans to mark up its version of a surface transportation reauthorization bill the week of October 26.  Initially, the committee had been holding off action until a means for funding a reauthorization bill was identified.  The most talked about revenue source has been a one-time contribution from an overhaul of international tax laws.  However, it appears that the House Ways and Means Committee is not close to finalizing a funding proposal, and so the Transportation and Infrastructure Committee is poised to move forward without the financial parameters for a surface transportation reauthorization bill firmed up.

In late July, the Senate approved a six-year surface transportation reauthorization bill, the Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act.  While the bill authorizes surface transportation programs for six years, the Senate Finance Committee was only able to identify three years of offsets to finance the bill.  Given the absence of another alternative, the House may take the approach of working off the Senate’s identified offsets in crafting their policy provisions.  The current extension of surface transportation programs expires October 29, so a short-term extension will be required to keep federal transportation dollars flowing to states.

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