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Senate Leaders Reach Agreement To Consider HTF Extension
As Passenger Transport was going to press, the Senate reached a unanimous consent agreement to begin addressing the short-term insolvency of the Highway Trust Fund (HTF). The agreement permits the full Senate to consider four amendments and engage in limited debate of the House’s legislation, H.R. 5021, which passed July 15 and would provide approximately $10.8 billion to the HTF and extend authorizations through May 2015.
Because of unrelated discussions, it is likely that the Senate will take up the HTF legislation and proposed amendments the week of July 28. Congress adjourns for its summer recess in August, and DOT predicts that the HTF will become insolvent in mid-August absent congressional action.
For details, see APTA’s Legislative Alert or contact Brian Tynan.
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