Federal Legislative Update
David BauerOctober 1, 2018
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1
Federal Legislative Overview
• Budget & Appropriations
• Infrastructure Packages
• Other Transportation Measures
2
FY 2018 & 2019 Appropriations
• Over $13 billion in supplemental investments– $5.2 to $6.2 billion two-year boost for highways– $1.6 billion additional transit funding– End six-years of stagnant airport investment– Largest increase since stimulus package
• BUT…..
$52.0 $53.0 $54.0 $55.0 $56.0 $57.0 $58.0 $58.0 $60.0 $61.0 $62.0
$41.0 $41.0 $41.0 $42.0 $42.0 $41.0 $41.0 $41.0 $41.0 $41.0 $40.0
$3.0
$19.0 $19.0 $22.0 $22.0 $24.0
$0
$10
$20
$30
$40
$50
$60
$70
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Billi
ons o
f dol
lars
Total HTF outlays Proj. HTF revenues Shortfall after FAST Act transfers spent
Source: Congressional Budget Office Highway Trust Fund baseline, April 2018
Total may not add up due to rounding.
Highway Trust Fund Revenue Crisis Will Return
Trump Infrastructure Package
• $200 billion direct federal investment• $1.3 billion non-federal funding– All types of infrastructure– Non-federal=state and local funds, private capital,
non-federally-backed debt– Use federal funds as last piece of project financing
plan• Regulatory Reform
Shuster Infrastructure Package
• 15 cents gas tax increase• Electric vehicle battery tax• 4.3 cents diesel tax on commuter trains• Elimination of fuel tax break for transit busses • Bicycle tire tax• VMT pilot program
Other Legislative Activity
• Aviation Programs
• Water Resources
• Tax Package
7
Outlook
• Reports of infrastructure demise greatly exaggerated
• Infrastructure one of few bipartisan issues• Consequences for inaction– Funding cuts– Uncertainty
• Revenue, revenue, revenue
Dave BauerExecutive Vice President, Advocacy
202-289-4434
