TIA Comments on Highway Bill Extension
The United States Senate’s recently passed continuing resolution for funding the federal government through Dec. 11 includes a one-year extension of the current surface transportation authorization with flat funding.
“The House passed the continuing resolution prior to Senate consideration, allowing the bill to head to the president for his signature and averting a government shutdown,” say Tire Industry Association (TIA) officials.
“The continuing resolution authorizes the transfer of $10.4 billion to the Highway Trust Fund (HTF) from the general fund for highways and another $3.2 billion for transit to keep the HTF solvent.
“While TIA would have preferred having a bipartisan, long-term highway bill enacted this year, a one-year extension that includes funds to keep the HTF solvent is better than multiple extensions that create uncertainty for roadway projects and planning.”
TIA officials say the association looks forward “to continuing to work with Congress on a long-term highway bill.”