Panel: W. Va. Road Funding Gap $1.1B; Bonds Part of Fix
Special highways panel says West Virginia needs to increase transportation funding by $1.1 billion per year.
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Bills that would put in place President Obama’s six-year, $487 billion transportation proposal or set up regional clearing-houses for public-private partnerships were recently introduced and are pending before Congress. more »
States have pulled back up to $2 billion of scheduled road projects due to uncertain federal transportation funding. more »
Few options that could provide enough revenue to increase transportation spending seem politically feasible, Moody’s says in new report. more »
Congressional study says airports lack adequate infrastructure because revenues for airport expansions and improvements are limited. more »
Rep. Brian Higgins, R-N.Y. has introduced a bill that would direct the Transportation Department to establish a competitive grant program for state and local governments, as well as transit and port authorities, to help finance their infrastructure projects. more »
Congressional Democrats, White House may find it difficult to end short-term HTF extensions when latest one lapses. more »
The House voted 387 to 35 on a bill Tuesday night that would reauthorize surface transportation programs for another two months and avoid a cutoff of federal reimbursements to states for highway and transit projects during the busy construction season. more »
The House may vote Tuesday on a two-month extension of federal transportation funding that otherwise would end May 31. more »
A Senate proposal would stretch the current Highway Trust Fund extension to keep federal transportation dollars flowing. more »
Senate Environment and Public Works Committee leaders plan June vote on six-year highway bill. The Committee for a Responsible Federal Budget recommends a path for sustainable highway funding. more »
Against a backdrop of urgency and uncertainty, transportation advocates are offering alternative revenue streams for New York's MTA. more »
An issuer’s fare revenues for bus service along privately operated highway lanes would not cause bonds to be used to finance the lanes to be private-activity bonds, the Internal Revenue Service ruled. more »
Lawmakers who vote to raise state gas taxes don't face an irate electorate at the next election, according to an analysis in seven states. Rep. Deb Fischer, R-Neb., introduced a bill to create a National Infrastructure Bank. more »

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