ADMINISTRATION Legislative Update Transportation Policy Committee March 24, 2010.

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Presentation transcript:

ADMINISTRATION Legislative Update Transportation Policy Committee March 24, 2010

ADMINISTRATIONLEGISLATIVE UPDATE Copyright © 2009 Legislative Update Federal Highway Provision in the Hire Act (Jobs Bill HR 2847) Highway Provision in the Hire Act (Jobs Bill HR 2847)State Legislative activity Legislative activity

ADMINISTRATIONLEGISLATIVE UPDATE Copyright © 2009 Hire Act (HR2847) Highway Provisions Highway Provisions Extension of STP programs Extension of STP programs Restoration of the SAFETEA-LU Rescission Restoration of the SAFETEA-LU Rescission Incentives for Job Creation Incentives for Job Creation It does not… Provide additional funding for transportation infrastructure Provide additional funding for transportation infrastructure

ADMINISTRATIONLEGISLATIVE UPDATE Copyright © 2009 Highway Provisions Extension of STP Details Extension of STP Details Funding levels – FHWA funding FY2010 is at FY2009 level w/o reduction for the FY2009 rescissions. Funding levels – FHWA funding FY2010 is at FY2009 level w/o reduction for the FY2009 rescissions. Requirements, terms and conditions – Same as FY 2009 continue to apply. Requirements, terms and conditions – Same as FY 2009 continue to apply. Distribution of funds from earmark categories. Distribution of funds from earmark categories. Highway Trust Fund Provisions. Highway Trust Fund Provisions.

ADMINISTRATIONLEGISLATIVE UPDATE Highway Provisions Restoration SAFETEA-LU Rescission Restore to States and programs $8.708 billion in contract authority. Restore to States and programs $8.708 billion in contract authority. Incentives for Job Creation Extends the availability of Build America Bonds but does not provide additional funding for transportation infrastructure. Extends the availability of Build America Bonds but does not provide additional funding for transportation infrastructure. Copyright © 2009

ADMINISTRATIONLEGISLATIVE UPDATE Copyright © 2009 Any Questions? Patty Camacho (602)