Sanford bill would require 100% of highway funds to go to roads and bridges

Sanford bill would require 100% of highway funds to go to roads and bridges
December 30 13:13 2017 Print This Article

Representative Mark Sanford (R-Mt. Pleasant) is the sponsor of the Highway Restoration Act of 2017 (HR-2391). The bill would require all Highway Trust Fund money to go to road and bridge funding and phase out the mass transit account over five years. The bill is filed in the House Ways and Means Committee, which has devoted the past year to drafting and passing the Tax Cuts and Jobs Act. Read the description here: https://sanford.house.gov/HighwayRestorationAct

The Highway Trust Fund is primarily funded by the 18.3 cents per gallon federal tax on gasoline and the 24.3 cents per gallon diesel fuel tax. Sanford reasons that the people who pay into the trust fund should realize the benefits from it. About 15% of the funds currently go to mass transit and pedestrian lane projects. The Congressional Budget Office projects a $111 Billion shortfall in the Highway Trust Fund by 2026.

Sanford’s bill has been endorsed by many of the premier conservative groups in the country, including the American Legislative Exchange Council, FreedomWorks, The American Conservative Union, Citizens Against Government Waste, and the Independent Women’s Voice. The passage of the tax cut bill before Christmas will give the Ways and Means Committee the opportunity to focus on the Highway Restoration Act and other tax-related legislation.