Highway Trust Fund Fix Heads to President
On July 31, 2014, Congress passed the Highway and Transportation Funding Act of 2014 (H.R. 5021). The bill addresses the Highway Trust Fund’s (HTF) impending shortfall by infusing $10.8 billion. H.R. 5021 also extends programs authorized under Moving Ahead for Progress in the 21st Century Act (MAP-21, P.L. 112-141) until May 31, 2015. With passage of the bill, the Department of Transportation (DOT) should not need to implement the cash management plan described in a July 1 letter to state DOTs. This Issue Brief explains how H.R. 5021 affects federal programs directed to states.