Highway and Transit Donor-Donee Estimates Under the House’s INVEST in America Act
July 03, 2020 | Jeff Davis
This is a three-page PDF file:
- Page 1 is a table showing estimated total highway contract authority apportionments by formula to the 50 states and the District of Columbia cumulatively over fiscal years 2021-2025 under the INVEST in America Act as ordered reported from the House Transportation and Infrastructure Committee in June 2020, compared with estimated state shares of Highway Trust Fund – Highway Account excise tax payments over the same period (CBO March 2020 baseline totals times actual state FY 2018 shares of total HA tax payments), and each state’s surplus and rate of return.
- Page 2 is a table showing estimated mass transit contract apportionments by formula to transit providers in each of the 50 states and D.C. cumulatively over fiscal years 2021-2025 under INVEST, compared with estimated state shares of Highway Trust Fund – Mass Transit Account tax payments over the same period (same methodology as above), and each state’s surplus or deficit and rate of return.
- Page 3 is a table adding up the tables on the first 2 pages to show each state’s total consolidated (highway and transit) Trust Fund user tax payment surpluses and rates of return.