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Surface Transportation Funding and Programs Under MAP-21: Moving Ahead for Progress in the 21st Century (P.L. 112-141)
Our Price:
$
20.00
By
Robert S. Kirk (au)
Year:
2012
Pages:
37
Binding
Paperback
ISBN
978-1-4578-4010-4
Product Code:
1457840103
Description
On July 6, 2012, President Barack Obama signed the Moving Ahead for Progress in the 21st Century Act (MAP-21; P.L. 112-141). The act authorized spending on federal highway and public transportation programs, surface transportation safety and research, and some rail programs and activities through Sept. 30, 2014. MAP-21 authorized roughly $105 billion for FY2013 and FY2014 combined. It also extended FY2012 surface transportation authorizations to the end of the fiscal year, raising the total authorization to approx. $118 billion. Most of the funding for surface transportation bills has been drawn from the highway trust fund (HTF) since its creation in 1956, but the HTF, which receives revenue mainly from federal motor fuel taxes, has experienced declining revenue due to a sluggish economy and improvements in vehicle fuel efficiency. As this report shows, MAP-21 made major changes in the programmatic structure for both highways and public transportation and included initiatives intended to increase program efficiency through performance-based planning and the streamlining of project development. Tables. This is a print on demand report.
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