On June 3, the House Transportation and Infrastructure Committee released draft text of a five-year, $494 billion surface transportation reauthorization bill entitled the “Investing in a New Vision for the Environment and Surface Transportation in America Act” or the “INVEST in America Act.”
The bill includes $411 billion in contract authority from the Highway Trust Fund for highway, transit, safety and research programs. $319 billion is the portion allocated for the Federal-aid highway program under the Federal Highway Administration.
The Highway Users applauds the committee for moving forward with the reauthorization process. The deadline to reauthorize the FAST Act is quickly approaching. We are hopeful that a bipartisan, bicameral process will move forward to ensure a long-term bill will be signed into law before the FAST Act expires. Failure to do so could halt important road and bridge projects and further disrupt America’s economic recovery.
“The Highway Users commends Chairman DeFazio and his team for working to enact a long-term transportation authorization. The time to act is now,” stated Laura Perrotta, American Highway Users Alliance President and CEO. “This summer’s roadway construction season is being negatively impacted by COVID-19, unemployment is at record levels, but the highway reauthorization can help spur our nation’s recovery and spark needed investment in America.”
The Highway Users will work closely with State DOTs and our members as we analyze the bill, identify provisions that present opportunities and challenges, and advocate for policies and funding that increase safety and mobility for the motoring public.