Assumes a HTF Fix in Fiscal Year 2015
This week, by a vote of 28-21, the House Appropriations Committee passed the FY 2015 Transportation and Housing & Urban Development (THUD) spending bill. The bill, which is the fourth of 12 spending bills to be approved by the committee, would provide $52 billion in funding for highways, transit aviation, rail and housing programs. No date has been set for consideration of the bill by the full House.
In providing funding for federal-aid highway and transit programs, the committee made clear that investment levels provided by the THUD bill were contingent upon the reauthorization of MAP-21, as well as providing additional revenue for the Highway Trust Fund prior to Oct. 1, 2014. Specific funding levels for transportation construction accounts in FY 2015 as compared to FY 2014 are:
| FY 2014 | FY 2015 | |
| Federal-Aid Highways | $40.3 B | $40.3 B |
| FTA Formula and Bus Grants | $8.6 B | $8.6 B |
| FTA New Starts | $1.7 B | $1.9 B |
| FAA Airport Improvement Program | $3.35 B | $3.35 B |
| TIGER | $100 M | $600 M |
| AMTRAK | $850 M | 1.05 B |
AGC will continue to work to ensure Congress fixes the insolvency of the Highway Trust Fund and reauthorizes MAP-21. AGC members are encouraged to contact their representative and senators through our Hardhats for Highway grassroots campaign. These issues will also be the focus of the Transportation Construction Coalition Fly-in June 10 11.
For more information, please contact Sean O’Neill at (202) 547-8892 or oneills@agc.org.