The Senate Environment and Public Works Committee has unveiled a multiyear highway bill that is being called the most extensive reauthorization since 2005, when SAFETEA-LU was passed. However, few details were announced.
Sens. Jim Inhofe (R-Okla.) and Barbara Boxer (D-Calif.) did the honors, and vowed to move the DRIVE Act bill to the House floor quickly, but how to fund the six-year measure will be left up to the Senate Finance Committee. There is about a $90 billion gap not covered by annual federal gas-tax receipts.
The latest extension of MAP-21 expires July 31.
