July 30, 2015      6:12 PM
Congress remains hamstrung while Texas moves forward on long-term funding source for transportation
US Senate's 3-month extension delays real discussion until this fall
The U.S.
Senate approved a short-term extension of the Highway Trust Fund
Thursday afternon, effectively delaying future debate
on funding sources until October.
This
would be the 34th
extension of the legislation to underwrite transportation funding since
2009. Earlier this month, the Senate was able to pass its own $47 billion three-year
fix of the funding pool, the DRIVE
Act, with an approach the House neither supported nor reached. Instead,
House leaders tapped U.S. Rep. Paul Ryan,
R-Wisconsin, to lead an effort to create tax code changes
that could provide a long-term funding source.
Back in
Texas, lawmakers have put an initiative on the ballot this fall, Proposition
7, to create a predictable revenue stream for transportation
projects. The message at the Texas Transportation Commission is “accountability,”
and agency staff is geared to roll out its new governance plan, mandated by House
Bill 20, in September to assure voters TxDOT
is serious about accountability.
Any
effort by the state would be only the start of funding the estimated $5 billion
per year needed for new construction. Tryon
Lewis, chair of the Texas Transportation Commission,
estimated the bottom line on transportation at $100 billion.
By Kimberly Reeves
|