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1 FEDERAL TRANSPORTATION FUNDING AND INNOVATIVE FINANCING Presented by Jim Tymon Dir. of Management and Program Finance American Association of State Highway and Transportation Officials (AASHTO)
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MAP 21 In 2012 Congress passed the Moving Ahead for Progress in the 21 st Century Act (MAP 21). Provided about $51 billion a year for highway, transit, and highway safety programs through. MAP 21 expired on September 30 th 2014 11
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Highway and Transportation Funding Act of 2014 Provides $11 billion in funding for the Highway Trust Fund Keeps the Trust Fund solvent through the end of May 2015. Extends the Federal surface transportation programs through May 2015. 18
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What’s Next? 19
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Technically feasible revenue options 20
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