Hoeven: Senate Passes Six-Year Highway Bill, Measure Includes More than $1.6 Billion for North Dakota Roads
The Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act reauthorizes the nation’s transportation programs for six years. The six-year Senate bill provides $350 billion in contract authority for the 2015-2021 periods. The measure makes up for a lack of highway trust fund revenues by adding about $45 billion in offsets. The bill does not increase the deficit or increase taxes.
Increases Transportation Funding for North Dakota by maintaining the federal aid highway formula structure and increasing the amount each state will receive every year: North Dakota will receive an average of $270 million a year in highway formula funding over six years, an average of $30 million more than the state receives today. Makes completing transportation projects easier by making National Environmental Protection Act (NEPA) reforms, cutting red tape. Provides six years of increased funding, giving state and local governments the certainty and stability they need to improve and develop our nation’s transportation infrastructure.
The Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act reauthorizes the nation’s transportation programs for six years. The six-year Senate bill provides $350 billion in contract authority for the 2015-2021 periods. The measure makes up for a lack of highway trust fund revenues by adding about $45 billion in offsets. The bill does not increase the deficit or increase taxes.
Increases Transportation Funding for North Dakota by maintaining the federal aid highway formula structure and increasing the amount each state will receive every year: North Dakota will receive an average of $270 million a year in highway formula funding over six years, an average of $30 million more than the state receives today. Makes completing transportation projects easier by making National Environmental Protection Act (NEPA) reforms, cutting red tape. Provides six years of increased funding, giving state and local governments the certainty and stability they need to improve and develop our nation’s transportation infrastructure.