The House and Senate are hurtling toward a deadline this weekend to extend the current surface transportation law, but bills pending in each chamber differ significantly in how funds would be allocated to the states.

The jobs bill approved by the Senate this week would allow the highway trust fund to continue to collect tax revenue and pay them out to states for construction projects, providing some assurance to state transportation departments worried about their future reimbursements from the fund. It also would extend the law through the end of this year.

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