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Transportation Included in 2020 Funding Agreement

Congress has completed action on compromise omnibus appropriations legislation to fund government operations through the remainder of fiscal 2020 and the President has said he will sign the measure before the current continuing resolution expires on December 20. US Department of Transportation (US DOT) programs are included in the deal. The legislation funds the highway and transit programs at FAST Act authorized levels and includes an additional $2.676 billion from the general fund (see chart below).

Unified Agenda Highlights What Regulatory Actions to Expect in 2020

From the final rule to replace the repealed 2015 definition of Waters of the United States and a proposal to reform the National Environmental Policy Act procedures, to addressing the take of migratory birds and issuing regulatory determinations for per- and polyfluoroalkyl substances (PFAS); the most recent Unified Agenda shows the agencies striving to complete some of the Administration’s biggest environmental policy goals.

House Passes AGC-Supported USMCA Implementation Legislation, Sends to Senate for 2020 Consideration

On Dec. 19, the House passed H.R. 5430, the United States-Mexico-Canada Agreement Implementation Act (USMCA). The passage of this legislation represents a major first step towards ratification of the newly negotiated trade pact between the U.S., Canada, and Mexico. The Senate is set to consider USMCA in the new year. AGC has long supported this measure due to the significant economic impact trade with our North American neighbors has on the construction industry.

Litany of Tax and Fiscal Priorities Included in Spending Agreement, Repeals Two Obamacare Taxes, Extends Pro-Construction Tax Provisions & More

On Dec. 19, the Senate passed many non-funding AGC-backed measures as part of the agreement reached to fund the federal government through the remainder of fiscal year (FY) 2020. This measure is expected to become law, pending the President’s signature. This legislation extends authorization for the Terrorism Risk Insurance Program (TRIA) for seven years, as well as the National Flood Insurance Program for one year.

Transportation Spending Included in 2020 Funding Agreement, AGC Helps Secure Billions of Dollars for Highway & Transit Projects

On Dec. 19, the Senate passed federal funding legislation that the House agreed to on Dec. 17. Pending President Trump’s signature, this measure will fully fund government operations through fiscal year (FY) 2020. Among the many AGC priorities in this legislation, full funding for surface transportation programs at FAST Act authorized levels and an additional $2.676 billion from the general fund for highway and transit projects were included.

2020 Sage Construction Hiring and Business Outlook Survey

 
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Despite signs the overall economy may be slowing