Late last Friday on November 5th, the U.S. House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, the Infrastructure Investment and Jobs Act or IIJA, which President Biden intends to sign on Monday, November 15th. Much of the focus of the bill has been on the unprecedented increase in federal spending to rebuild the nation's roads, bridges, airports, seaports and transit systems. However, there are several provisions of the infrastructure bill that expand, and hopefully will make more transparent, the TIFIA credit assistance program. A low-cost ...
Secretary of Transportation Anthony Foxx chaired a virtual town hall meeting, entitled Moving from Uncertainty to Long-Term Transportation Investment, on August 6, 2014. The town hall was open to the general public, as well as business leaders, transportation advocates, and state and local government officials. Secretary Foxx discussed the United States Department of Transportation’s (US DOT) vision for the future of transportation, as well as answered questions from attendees about transportation policy.
In his opening remarks, and throughout the question and answer ...
Congress passed a bill (HR 5021) to provide a short-term funding patch for the Highway Trust Fund (HTF), just one day before the United States Department of Transportation was scheduled to begin slowing reimbursements to states for eligible highway, bridge, and mass transit projects. A failure to act by Congress had the potential to slow-down or stop any number of transportation construction projects across the country in the midst of the construction season.
After volleying the bill back and forth between the chambers over the course of this week, Congress passed a final bill that ...
On February 26, President Obama announced a proposal to fund a four year surface transportation bill that would increase spending by 22% for highways and 70% for transit over current levels. The White House provided a Fact Sheet that outlines to proposal. The current law, the Moving Ahead for Progress in the 21st Century Act (MAP-21) expires at the end of September. That means that a new bill or an extension must be agreed to by both Houses of Congress by that time. The President's envisions a $302 billion four year bill that builds on the substantive provisions of MAP-21. More ...
The International Bridge, Tunnel and Turnpike Association (IBTTA) is hosting a free panel on "Rebuilding America's Interstate Highway System" on June 21 from 8-10:30am ET. The program, which will be held at the Information Technology and Innovation Foundation in Washington, DC, will also be broadcast live over the Internet for those who cannot attend in person.
The event targets anyone interested in exploring real solutions to the challenge of funding improvements to interstate highways and other major road systems in America including congressional staff, transportation ...
On Monday March 14, House Transportation Committee Chairman John L. Mica (R-FL) conducted the latest of a series of field hearings, this one in his home district in Central Florida, to discuss pending major transportation legislation. It was the only scheduled field hearing in Florida on the transportation bill. The hearing was focused on improving and reforming our nation's surface transportation programs.
Among those asked to testify were:
- Geoffrey Yarema, Partner, Nossaman LLP
- The Honorable Frank Bruno, County Chair, County of Volusia
- Ananth Prasad, Assistant Secretary for ...
The fiscally conservative House majority continues to pursue reductions in federal spending, and federal transportation spending is part of the mix. Further use of the general fund to supplement the Highway Trust Fund motor fuel taxes, as well as increases in fuel taxes, are opposed by the House majority. Cuts could come in several forms, including cuts in Title 23 programs overall or cuts to specific programs.
Given the diminishing role of the Highway Trust Fund in funding future transportation investment, federal credit assistance under the TIFIA program needs to grow in ...
Nossaman’s 30-plus infrastructure attorneys offer clients, colleagues, strategic partners and industry media a wealth of practical experience, insider insight and thoughtful analysis here on Infra Insight. We blog about what we know best, from industry-leading procurements to local and national policy developments that affect the market and our clients.
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