The Obama administration has released details of a mini-authorization proposal that would extend current federal highway and public transportation programs and funding levels for 18 months and incorporates several new administration policy priorities.
The Obama administration has released details of a mini-authorization proposal that would extend current federal highway and public transportation programs and funding levels for 18 months and incorporates several new administration policy priorities.
The plan would transfer $18 billion from the federal General Fund to the Highway Trust Fund Highway Account for FY 2009 and FY 2010 and $2 billion to the HTF Mass Transit Account for FY 2010 to address the HTF’s deteriorating fiscal situation. The transfer would be repaid over 10 years by a yet to be determined revenue source.
The administration suggested initiatives to develop guidelines for multimodal regional access plans and livable communities (land-use planning, smart growth) could be included in the extension.
The administration also proposes allocating $300 million to improve data collection for states and metropolitan planning organizations; $10 million to help states and localities improve cross-modal project evaluation; and increased transparency and reporting on the spending of federal transportation funds.
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