The House Transportation and Infrastructure Committee on Oct. 22 overwhelmingly approved via voice-vote a six-year, $325 billion surface transportation bill that largely maintains baseline funding for highway and transit projects. The Surface Transportation Reauthorization and Reform Act of 2015, H.R. 3763, is a companion bill to the Senate’s DRIVE Act passed in July. With just one week remaining until the current extension expires, however, NATSO anticipates that Congress will pass another short-term extension to highway law.
10-23-2015House Ways and Means Committee Chairman Paul Ryan (R-Wisc.) last week encouraged House Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.) to move forward with a long-term highway bill without financing from international tax reform.
10-05-2015Members of Congress returned to Washington to begin a four-week work period where they will need to address a number of significant policy matters, including funding the Highway Trust Fund, before the annual August recess.
07-09-2015House Ways and Means Committee Chairman Rep. Paul Ryan (R-Wisc.) reiterated his opposition to raising the motor fuels tax to fund a long-term infrastructure program during a committee hearing in which industry groups urged Congress to quickly find a sustainable funding source for the Highway Trust Fund.
06-18-2015With the clock ticking down on the expiration of current highway law, Senators Barbara Boxer (D-Calif.) and Tom Carper (D-Del.) on May 14 proposed a two-month extension into July. The proposal also calls on Congress to finish a multi-year transportation bill.
05-15-2015House Ways and Means Committee Chairman Paul Ryan (R-Wisc.) said lawmakers are working on a $10 billion short-term extension to the Highway Trust Fund to keep it solvent through the end of this year.
05-01-2015House Ways and Means Committee Chairman Paul Ryan (R-Wisc.) said March 26 that he is working with House Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.) on a short-term patch to the Highway Trust Fund to allow more time to work on tax reform, Politico reported.
03-26-2015House Ways and Means Committee Chairman Rep. Paul Ryan (R.-Wisc.) said repatriation of corporate earnings held overseas would help to fix the Highway Trust Fund provided it was part of overall corporate tax reform, Politico reported.
02-23-2015