Infrastructure

Pa. governor signs $2.3B transportation bill

Pennsylvania Gov. Tom Corbett (R) has signed a $2.3 billion transportation bill that is been hailed by supporters as a bipartisan victory for infrastructure in the Keystone State.

The Pittsburgh Post-Gazette reports that the revenue for the measure will be generated by a nearly 30 percent increase in wholesale gas taxes over the next five years.

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Bill would eliminate federal transportation funding

A bill filed by Sen. Mike Lee (R-Utah) and Rep. Tom Graves (R-Ga.) would gradually eliminate federal funding of transportation projects.

The measure, which has been dubbed the Transportation Empowerment Act (TEA), would lower the gas tax that currently pays for most federal transportation projects from 18.4 cents-per-gallon to 3.7 cents in five years.

During the same time period, the bill would transfer authority over federal highways and transit programs to states and replace current congressional appropriations with block grants.

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Senate bill revives infrastructure bank idea

Sens. Mark Warner (D-Va.) and Roy Blunt (R-Mo.) are reviving a push to create a national infrastructure funding bank in a new bill he unveiled on Thursday. 

Warner and Blunt's bill would create a "infrastructure financing authority" that would receive $10 billion in initial funding, his office said. 

The infrastructure funding would be used as leverage to lure private sector investments that could reap as much as $300 billion in new transportation projects, according to Warner's office.

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Transportation fans claim victory in 2013 elections

Advocates for road and transit projects are contending that their visions for increased funding were ratified by voters in last week’s elections.

The American Road and Transportation Builders Association (ARBTA) said that almost all of the referenda that were on ballots across the country last Tuesday were successful.

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