FAST Act $7.6 Billion Highway Rescission: What it Means for States
Section 1438 of the Fixing America’s Surface Transportation (FAST) Act (P.L. 114-94), signed in 2015, included a $7.6 billion rescission of unobligated contract authority for the Federal-Aid Highway Program in fiscal year (FY) 2020. Efforts are underway to prevent implementation of the rescission, although the outlook is uncertain.
This Issue Brief discusses the potential effects of the rescission on state programs and future appropriations.