Posts tagged economy
House Committee Will Take Up Highway Bill

House Transportation And Infrastructure Committee Will Mark Up a Multiyear Surface Transportation Bill on Oct. 22

The House Transportation and Infrastructure Committee said it would mark up a long term bill to renew highway and transit programs on Oct. 22, according to committee Chairman Bill Shuster (R-Pa.)

“Our nation’s economy depends on a safe, efficient surface transportation system, and one of the Transportation committee’s priorities is to address the needs of the system,” the chairman said on Oct. 14.

“Next week, the committee will move forward with the policy and authorization provisions of a bill to improve America's surface transportation infrastructure, reform programs, refocus those programs and national priorities, provide more flexibility and certainty for state and local partners and welcome innovation,” Shuster stated.

The Senate passed a six-year highway bill (H.R. 22) in July that includes a $46 billion transfer of general funds to the Highway Trust Fund that would be balanced by decreasing the Federal Reserve's dividend payments to member banks and supporting the sale of crude oil.

Originally published here by Colorado Business Roundtable.