Caps federal spending for roads and public transit to match the money coming in.
Currently, federal spending for roads and public transit can sometimes be more than the money collected by the Highway Trust Fund. This bill would cap that spending each year to match only what the fund is expected to bring in. This change would mean new rules for how states get money for highway and public transit projects, starting October 1, 2027.
Currently, federal spending from the Highway Trust Fund for highway, highway safety, and public transit programs can sometimes go over the amount of money the fund collects. This can lead to the fund having less money than it needs. If this bill becomes law, starting October 1, 2027, spending for these programs would be strictly capped each year. The cap would be set by the Treasury Department's estimate of how much money the fund is expected to bring in, ensuring spending does not exceed receipts.
S 3786 · 119th Congress · AI Summary by gemini-2.5-flash · 8/10
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2 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.