Highway Trust Fund
More than 100 years ago, this group's advocacy led to the first authorizing legislation for highways, eventually leading to the establishment of the Highway Trust Fund.
Who are bicyclists?
Authorization Acts typically cover multiple years, this act covers five years from 2016-2020.
What is the FAST Act?
The Authorization Act provides the contract authority, the Appropriations Bill provides the __________ limit.
What is obligation?
The Highway Trust Fund was established in this year by the Federal-aid Highway Act to dedicate the revenue collected from the gas tax to the construction of the national interstate system.
What is 1956?
The Authorization Act provides the programs and funding for the FAHP. The amounts under these types of programs are calculated by formula.
What are apportionments?
There is an appropriations committee in both the House and the Senate. Each year they must pass this number of bills to provide funding to Federal programs for that year.
What is twelve?
In 1994 a law mandated gas and diesel taxes be taken here to prevent fraud and provide ease of administration; reducing payers to the HTF from 23K to 2K.
What is the "Rack"?
The most common Federal/State share on a highway construction project.
What is 80/20?
Without the liquidating cash amount provided in the Appropriations Bill, the treasury cannot do this.
What is reimburse the State?
Implementing this increased the HTF 75%.
What is dying non-taxed diesel fuel red?
These programs have no contract authority and must be funded separately through an Appropriations Bill.
What are allocations?
Length of time an Appropriations Bill is good for.
What is one year?
This benefit of having the HTF allows the FAHP to operate during government shutdowns.
What is contract authority?
The law that governs the majority of Federal-aid highway programs.
What is title 23 of the United States Code?
A budgetary mechanism to control Federal spending for contract authority programs.
What is obligation limitation?