You are here

Funding

News May 29, 2015
Transportation bill to build new Mississippi River Bridges doesn’t get past Louisiana House floor.   There will be no plan to build a new bridge over the Mississippi River for atleast another year.   After passing a House committee, the new bridge bill failed to pass the full House, with 18 votes...
News May 20, 2015
The House approved a two-month extension of funding for transportation projects. The extension, which passed 387-35 will continue funding for the Highway Trust Fund through July 31. The bill now goes to the Senate for approval.   Rep. Steny H. Hoyer of Maryland, the No. 2 Democrat in the House,...
News May 19, 2015
Connecticut may be one of the few states that won't have to enter panic mode if a sharp drop in transportation funds occurs if Congress does not pass a long-term solution to transportation funding.    Connecticut Department of Transportation spokesman Judd Everhart said, "We have all funding in...
News May 15, 2015
The Senate is planning to hold a hearing for a six-year transportation funding bill, but not until after the pending May 31 deadline for extending the current infrastructure spending measure.    However, it doesn’t look like much of that funding will go towards the nation’s transportation needs.  ...
News May 13, 2015
Ninety-five percent of all Republican state legislators who voted to increase their state gas tax to fund transportation improvements in 2013 and 2014 and ran for re-election last November won their races, according to the analysis by the American Road & Transportation Builders Association's (...
News May 11, 2015
Illinois Department of Transportation Secretary Randy Blackenhorn said state roadway tolls are not going anywhere; not exactly what Illinois commuters had in mind for transportation funding.   “The truth is unless we are willing to put significantly more state and federal money into the system,...
News May 04, 2015
Today in “well, we saw this coming” news, Congressman Paul Ryan (R-Wis.) has said that Congressional leaders are working on a short-term $10 billion proposal to fund highway repairs through the end of the year, but a gas tax hike will not be part of the deal.   The Highway Trust Fund will run dry...
News May 01, 2015
The Texas State House of Representatives on Thursday voted 138-3 in favor of shifting more than $3 billion in existing revenue to non-toll roads. This is multibillion-dollar boost to the cash-strapped Texas Department of Transportation (TxDOT) would potentially arm the agency in its battle with a...
News April 29, 2015
Transportation Secretary Anthony Foxx said he can accept a temporary infrastructure funding extension, but only if lawmakers use the extra time to come up with a long-term solution later this summer.   Foxx told reporters during a briefing at the Transportation Department's headquarters in...
News April 28, 2015
In effort to rectify its suffering state transportation trust fund, NJ Transit is looking north—to Canada—for an infusion of $300 million. The loan would bind the gap between paying for federal grant-covered projects and the actual receipt of that grant money.     “This would authorize NJ Transit...
News April 27, 2015
The Federal Highway Administration (FHWA) said Americans drove 221.1 billion miles in February, a 2.8 percent increase from February 2014. This trend is part of a rising demand and need for greater investment in transportation infrastructure.   "As traffic volume continues to grow nationwide, so...
News April 27, 2015
The Vermont Senate late last week passed a $562 million transportation budget for the coming fiscal year, aimed at delivering aggressive road and bridge improvements across the state.    While the new budget represents a $55 million cut against current-year funding, officials have characterized the...
News April 24, 2015
It has been a challenging year for the Alaskan Way Viaduct replacement project, but a new report from an expert review panel states improvements have been made.     The team of experts, brought in by Washington state lawmakers, presented its report of the tunnel replacement project to the...
News April 22, 2015
  In a time of unique and often persistent economic challenges, the state of Michigan has, of late, seen steady improvement following the Great Recession. However, according to a recent report produced and issued by TRIP, that recovery may be hamstrung by a manifold increase in road deterioration,...
News April 20, 2015
In a marked counterpoint to the recent proliferation of states, counties and municipalities that have begun openly pulling on the transportation spending reins, the Iowa Department of Transportation (IDOT) has announced its intention to corral a 10-cents-per-gallon gas tax into a $700 million spend...
News April 17, 2015
U.S. Transportation Secretary Anthony Foxx announced a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan for $162 million from the Department's Federal Highway Administration to finance the East End Crossing section of the Louisville-Southern Indiana Ohio River Bridges Project...
News April 16, 2015
The South Carolina House passed a $427 million transportation plan that includes a gas tax and vehicle sales tax hike, which would be offset by a $50 million income tax cut.   Under the new plan, drivers would eventually have to pay 10 cents more per gallon at the pump to fund the statewide...
News April 15, 2015
Alabama state officials are moving forward with a study to determine the feasibility of a toll system for the proposed $850 million Interstate 10 Mobile River Bridge.   The Alabama Department of Transportation (ALDOT) has teamed up with Illinois-bases CDM Smith Inc. to examine different tolling...
News April 14, 2015
The Mississippi Legislature recently voted to raise $200 million in bond financing to pay for transportation investments, most of which would target the state’s list of structurally deficient bridges. The House gave final approval March 30 to a House-Senate conference report on the legislation,...
News April 10, 2015
Illinois’ federal lawmakers and transit officials in have urged Congress to pass a long-term federal transportation funding bill before the May 31 deadline.   “My message to Congress is `Man up,’ ” U.S. Sen. Dick Durbin, (D-Ill.), said at a “Stand Up 4 Transportation” news conference at Chicago’s...
Overlay Init