The Federal Highway Administration (FHWA) released its apportionment notice, which informs states how much money they are eligible for. The $52.5 billion in apportioned funding for Fiscal Year 2022 represents an increase of more than 20% as compared to Fiscal Year 2021 for Federal-aid Highway Program apportionments. This funding is distributed annually by FHWA for the Federal-aid Highway Program based on a statutory formula contained in the Bipartisan Infrastructure Law. However, because the government is operating under a continuing resolution, states will not have access to about 20 percent of the funds.
While Congress averted a government shutdown on December 2 by passing an extension of fiscal year (FY) 2021 government funding, their inability to agree on new FY 2022 spending levels will hinder new and increased funding provided for in the Infrastructure Investment and Jobs Act (IIJA) from becoming available. Here鈥檚 what you should know:
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The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in reaction to the passage in the U.S. House of Representatives of the Bipartisan Infrastructure measure:
The U.S. House of Representatives again failed to pass the 麻豆视频-supported $1.2T bipartisan (physical) infrastructure bill鈥攆ormally called the Infrastructure Investment and Jobs Act (click HERE for a construction industry overview and HERE for a 鈥淢yth vs. Fact鈥 analysis of the bill)鈥攁s the federal-aid highway and transit construction programs were set to expire on Oct. 31. As a result, Congress passed an 麻豆视频-backed extension of the highway and transit programs until December 3.
Would Eliminate Ambiguity Regarding Use for Transportation Projects
On October 20, the Federal Highway Administration released fiscal year end estimates on the Highway Trust Fund balance. Here are the fast facts:
On October 21, the 麻豆视频 co-chaired Transportation Construction Coalition (TCC) began a 13-state ad campaign targeting six House Democrats and nine House Republicans to press for passage of the $1.2 trillion bipartisan (physical) infrastructure bill, formally entitled the Infrastructure Investment and Jobs Act. The bill includes a five-year surface transportation reauthorization with record levels of investment for transportation construction, including more than $350 billion for roads and bridges. For more information on this ad campaign, click HERE.