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S. 2302, America’s Transportation Infrastructure Act of 2019 (CBO Report for Congress)

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Congress 116th
Date Requested Aug. 1, 2019
Requested By the Senate Committee on Environment and Public Works
Date Sent Nov. 12, 2019
Description:
The bill would Provide $287 billion in contract authority for the Federal-Aid Highway Program over the 2021-2025 period Cancel an $8 billion rescission in the Federal-Aid Highway Program currently scheduled for 2020 Authorize $284 billion in obligation limitations for the Federal-Aid Highway Program over the 2021-2025 period Authorize appropriations for other transportation-related projects and activities   Estimated budgetary effects would primarily stem from Spending of amounts authorized in the bill Increases in the rate at which previously provided funds are spent within the Federal-Aid Highway Program Decreases in revenues because of states’ increased use of tax-exempt bonds   Areas of significant uncertainty include Estimating the number of states that would exchange federal funding for one transportation program to participate in another, and estimating the amounts of funding those exchanges would involve  

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