The House and Senate return April 13 from a two week recess with the May 31 expiration of the most recent federal surface transportation program extension fast approaching.
Without enactment of a long-term authorization bill or another temporary extension by that deadline, the authority to spend funds out of the Highway Trust Fund (HTF) would lapse and the Federal Highway Administration would be forced to furlough employees. The U.S. Department of Transportation (DOT) projects the HTF will continue to be able to support existing investment levels for a few more months, but the department also anticipates the fund will suffer its sixth cash flow crisis since 2008 later this summer.
If Congress fails to enact legislation generating new trust fund revenues, the DOT will begin slowing down reimbursements to state transportation departments for federal-aid work in July and the HTF will be unable to meet its obligations in September.
ARTBA and our Transportation Construction Coalition allies are urging members of the House and Senate to use the next six weeks to develop a long-term Highway Trust Fund revenue solution to enable a multi-year reauthorization of the highway and transit programs to move forward.