November 19, 2015 – As headlines this week have indicated, the Federal Rail Administration (FRA) granted the State of Maryland $27.8 million for “preconstruction and planning costs for the potential development of a magnetic levitation (maglev) train between Washington, DC and Baltimore, MD.
Eno Transportation Weekly
July 22, 2015 – Section 80003 of the Senate DRIVE Act now provides for a clean and complete shutoff of all new HTF obligations (except for administrative overhead, safety activities, and items exempt from obligation limitation) that is predicted to take effect on October 1, 2018. The idea is that this will force Congress to provide a huge tranche of new money for the HTF halfway through the bill while continuing to fund the policies and promises made by the bill.
Such “trigger” or “re-opener” provisions are not new to surface transportation legislations.
November 20, 2014 – The following chart shows Highway Trust Fund annual new spending obligation authority granted by Congress (obligation limitations, exempt-from-obligation contract authority, and direct appropriations), net tax receipts and interest, “real” end-of-year balances (excluding the cumulative effects of general fund transfers), and bailout transfers, in billions of dollars.