Highway Trust Fund Fix Heads to President

/ 14-26

Summary 

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.

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