From Name:
From Email:
To Name:
To Email:

Optional Message:

Senate Bill Sends Positive Signals for FY 19 Infrastructure Funding

from Engineering News-Record

As congressional appropriators make more headway in producing spending measures for fiscal year 2019, construction industry officials see encouraging numbers so far for key infrastructure accounts, including highways and water programs. Some important accounts are benefiting from the 2019 installment of a $20-billion infrastructure infusion that congressional leaders in February agreed to provide over the 2018-19 period. The latest evidence came on Aug. 1, when the Senate passed a package of four separate 2019 spending measures, each covering one or more federal agencies. Among the infrastructure programs contained in the measure are those at the Dept. of Transportation and Environmental Protection Agency. Within DOT, the Senate bill provides a 2% boost for the highway obligation ceiling, as the 2015 Fixing America’s Surface Transportation (FAST) Act authorized from the Highway Trust Fund. The Senate also added $3.3 billion from the general fund for highway and bridges. more

Powered by MultiBriefs
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063