Senate releases full text of two-year reauthorization bill
The Senate Environment and Public Works Committee has released the full text of a 600-page surface transportation reauthorization bill that will be marked up the morning of Nov. 9, reports the American Association of Safety and Highway Transportation Officials (AASHTO).
The organization reports that the two-year legislation — dubbed “MAP-21″ for “Moving Ahead for Progress in the 21st Century” — maintains funding at current levels; reforms the nation’s transportation programs to make them more efficient; and provides robust assistance for transportation projects under the Transportation Infrastructure Finance and Innovation Act program to leverage state, local, and private-sector funding, according to a committee summary.
“We are happy to see the process has begun to put in place a long-term surface transportation authorization,” said John Horsley, executive director of AASHTO says in a written statement,
MORE FROM Economics
- PHOTOS: Chevy unveils 2015 Colorado pickup, available fall 2014554 Views
- VIDEO: This concrete buffer is nearly unstoppable392 Views
- With lack of transportation funding, highway contractors shift to other fields275 Views
- 25 Days of RollOuts: Cat Introduces Four New D Series Skid Steers269 Views
- Construction industry avoids list of 10 worst jobs for the future267 Views