On July 8, the House Appropriations Subcommittee on Transportation, Housing, and Urban Development (THUD) passed legislation to fund related programs for fiscal year (FY) 2021. If enacted, this measure would provide significantly increased funding for surface transportation programs consistent with levels offered in the recent House passed INVEST in America Act. In addition, the bill would provide funding for economic recovery from the coronavirus pandemic, including an additional $3 billion for the Better Utilizing Investments to Leverage Development (BUILD) grant program and $3 billion for grant and facility upgrade programs through the Federal Aviation Administration (FAA). This measure will now be taken up for consideration by the full Committee. With the FAST Act, legislation that currently authorizes surface transportation programs, set to expire on September 30, it is incumbent that Congress soon come to an agreement on legislation to reauthorize these programs. AGC will continue to monitor this and other FY21 funding measures as they move through the legislative process. Click here for a detailed breakdown of funding levels in this measure.
For more information, contact Cory Gattie at email@example.com or (202) 547-4685.