The Fixing America’s Surface Transportation (FAST) Act provides funding authorization for five years at levels increasing a little more than 2 percent per year starting in FY 2016 through FY 2020. Congress did not create any new revenue sources for the Highway Trust Fund but instead continues the trend of general fund transfers off set with non transportation related revenues for the Act to be fully funded through the five year period. Highlights
Certainty of funding allocations to state DOTs and grants for projects. Federal allocations should be used for transportation projects and not deferred to other state funding uses. Stay abreast of surface transportation pipeline of projects for business opportunities/marketing.
Utilizing Federal Highway Administration (FHWA) information, associations such as ARTBA, and interaction with AASHTO and other entities to stay engaged. Promote CRSI as expert resource on design/products/members.
Remaining involved with DC coalitions such as Highway Materials Group, Transportation Construction Coalition, NACA, others is important to maintaining CRSI presence and input. Staying engaged is necessary. The TCC annual Fly-in is a productive vehicle for staying connected on the issues, and with meeting Members of Congress and the Executive branch of government.
Maintaining working relationships on Capitol Hill with staff and Members of Congress is necessary—Congress will have to address a long-term funding stream for the Highway Trust Fund in upcoming sessions. In addition, contacts established working on MAP-21 and FAST Act can provide access for possible assistance/inquires going forward on other public policy issues.
Members may benefit from Hours of Service regulation relief contained in the Act.