News

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. Although this marks the third straight year Congress provided general fund dollars above authorized levels, this supplemental amount was slightly decreased in this year’s negotiations, resulting in flat funding for the highway program and a net decrease in transit formula funding. Congress also continues to favor the BUILD grant program, which funds multi-modal projects, by increasing program funding by $100 million above last fiscal year’s level to $1 billion. Additional information on funding for other transportation programs is included in the table below. As this funding is for the final fiscal year authorized by the FAST Act, AGC will continue to urge Congress to enact a surface transportation reauthorization bill prior to the end of FY 2020 avoid any future disruptions to highway and transit funding.

For more information, contact Brian Deery at brian.deery@agc.org or (703) 837-5319.

Contractor Type
Industry Priorities