Green Means Go: What’s Next for a New Federal Transportation … · 2020. 9. 28. · thursday,...

Post on 04-Oct-2020

2 views 0 download

Transcript of Green Means Go: What’s Next for a New Federal Transportation … · 2020. 9. 28. · thursday,...

THURSDAY, SEPT. 24, 2020

GREEN MEANS GO: WHAT’S NEXT FOR A NEW FEDERAL TRANSPORTATION INFRASTRUCTURE PACKAGE

LAY OF THE LAND

Highway Bill Goes Through Multiple Committees

Source: Bloomberg Government

CAPITOL HILLS?

America’s Transportation Infrastructure Act (ATIA)

$287 billion over 5 years

Formula heavy

Bridge Investment Program

Climate Change Title

Investing in a New Vision for the Environment and Surface Transportation in America Act (INVEST)

$500 billion over five years

New State Requirements

Climate Change Performance Requirement

Discretionary grants

Funding is a Key Challenge to Reauthorization

18.3 cent per gallon federal gas tax hasn’t been increased since 1993• Motor fuels taxes raise majority of Highway Trust Fund revenue

Source: Congressional Budget Office January 2020 baseline

ROAD USE CHARGE

IMPACT OF COVID-19

PROJECT PERMITTING TO NOWHERE?

ROADWAY SAFETY

ON THE HORIZON IN THE 117TH

WHEN WILL THE FUTURE ARRIVE?