Punitive damage payments would no longer be deductible from federal taxes if the version
of a highway funding bill passed by the Senate Tuesday becomes law.
Not exact matches
At the end
of October, the
Highway Trust
Fund becomes insolvent, lacking the
funding it needs to continue projects that repair and build the nation's federal, state, and local
highways, bridges, tunnels and mass transit programs.
Pennsylvania Representative Bill Shuster, the chairman
of the House Transportation and Infrastructure Committee, has encouraged his Republican colleagues to consider raising the gas tax as a way to keep the
Highway Trust
Fund — which
funds road, bridge and transit projects — solvent after 2021.
In the U.S., the federal government has announced a sweeping plan to
fund EV charging stations every 50 miles over 25,000 miles
of American
highways, spanning 35 states.
Debt obligations issued by states, cities, counties, and other public entities that use the loans to
fund public projects, such as the construction
of schools, hospitals,
highways, sewers, and universities
On this issue among others — like
funding the government, raising the federal borrowing limit and financing
highways — such business groups have found themselves at odds with traditional Republican allies who increasingly reflect a new populist strain
of conservatism in the party that is often hostile toward big business.
Trust
Fund Clock is Ticking: Four major trust
funds (Social Security retirement, Medicare Hospital, Social Security disability, and
highways) run out
of full
funding during the next 13 years, according to CBO projections.
While the building and maintaining
of our roads and
highways to ensure seamless transport across our states has had a positive impact on trucking, the lack
of stable
funding for the interstate system is threatening Eisenhower's vision.
The five - acre site at Price Road and Illinois
Highway 173 contains about 3.5 acres
of buildable land, Beatty said, and the village has about $ 35,000 in a park
fund for expenditures.
The Park District has used monies from the Recreation Park Expansion & Improvement
Fund twice: $ 100,000 towards the purchase
of 100 N. Hickory in 1993 and $ 100,000 towards the purchase
of the Northwest
Highway property in 1999.
The District purchased 1.3 acres
of land on the southeast side
of Recreation Park along Northwest
Highway (500, 506, & 510 East) for $ 840,000 in July 1999, using $ 100,000 from the Arlington Heights Park District / Frontier Days Recreation Park Expansion & Improvement
Fund.
«As the pressure on
funding for
highways and transport services has increased it has become more important to understand the impact
of safety interventions and how best to invest limited resources.
Revenue collected from a new strategic roads
fund should also be spent on the upkeep
of major routes managed by local authorities, two established
highway consultants say today.
The Chartered Institution
of Highways & Transportation (CIHT) and infrastructure specialists Parsons Brinckerhoff and Balfour Beatty today launched the results
of an initiative that provides a detailed «route map» for change and suggests new and innovative models for
funding transport infrastructure.
CIHT's director
of policy and technical affairs Andrew Hugill commented that the
highways sector is currently facing a lot
of positive change, from increased certainty
of funding to new technological innovations.
There are currently excise taxes on alcohol, tobacco, liquid vehicle fuels (for
highways), oversized tires for large trucks (presumably for
highways), airplane tickets (for the FAA and TSA), multiple aspects
of the firearms industry, bows and arrows, vaccines (for a vaccine injury
fund), and in a variety
of industries in support
of marketing boards in those industries (although those cases have had mixed results in litigation).
It published a report on progress with the strategy today that calls on
Highways England and the Department for Transport (DfT) to agree an updated delivery plan for the remainder
of the current five year
funding period which ends in 2020.
Also at 10 a.m., Deputy Senate Majority Leader and gubernatorial candidate John DeFrancisco will comment on the «misuse»
of at least $ 8 million in State DOT and Thruway Authority capital
fund resources to install 514 illegal «I Love NY» tourism signs along
highways across New York, «I Love NY» tourism signs near the Albany Airport Entrance, Rt 155 (Albany Shaker Road), Colonie.
Trump's $ 4.4 trillion budget plan would slash
funding for interstate
highways, jeopardizing New York's plan to transform a stretch
of Interstate 81 in Syracuse in the next decade, Schumer said.
I thank the Federal
Highway Administration, the New York State Department
of Transportation, and Governor Cuomo for helping secure this
funding so that residents and visitors alike can have more safe and accessible ways to enjoy New York.»
Hinchey also secured
funding for infrastructure improvements along Kings
Highway in 2006 and 2008 before the federal government purchased property there in November for the Army Reserve Center project from a group that includes John Mullen, a partner
of Hinchey's in the Partition Street Project.
Cuomo says the
funding from the Federal
Highway Administration will be administered by the state Department
of Transportation.
«As a Town
Highway Superintendent who maintains this aging infrastructure, I believe this
funding is a must in order for us to supply proper services to the taxpayers
of Ballston.
At a Staten Island press conference to announce
funding for road repairs, Mr. de Blasio said he, like any other city driver, has his list
of highways to avoid due to their shabby condition.
The report also highlights the potential slowing
of transportation aid from the federal government in the current 2014 - 15 fiscal year as Congress balks at increasing the 18.4 cent excise tax on gasoline, the primary source for replenishing the Federal
Highway Trust
Fund.
After releasing the city's $ 77.7 billion preliminary budget in February, the mayor's office has been critical
of New York state, saying that it hasn't «adequately
funded road and bridge rehabilitation and
highway maintenance.»
Sean Patrick Maloney, a Democrat who sits on the House Committee on Transportation and Infrastructure, supported bipartisan legislation to prevent the bankruptcy
of the
Highway Trust
Fund.
Several states are tired
of waiting for Congress to fix the federal
highway trust
fund, so they're considering raising gas taxes themselves to address their crumbling roads.
That announcement came as O'Mara and a number
of colleagues from both sides
of the aisle made their annual ask for an increase in Consolidated
Highway Improvement Program (CHIPS)
funding.
In case you did not know the Trump plan flips the
highway funding formula around: today the federal government pays 80 %
of a project's cost, under the Trump plan after 2020 it would be 20 %.
INDIAN LAKE A last - minute decision to increase
fund balance usage for the
highway department at a budget hearing last week saw the Town
of Indian Lake's 2018 preliminary budget come in under the cap.
President Obama has put little political capital behind his transportation objectives; Congress has yet to hammer out a new transportation bill; the
Highway Trust
Fund is nearing bankruptcy; Governor Andrew Cuomo has yet to take a position on Gateway, and hasn't shown much enthusiasm for transit in general, and Christie seemed to express his position on mass transit with the cancellation
of ARC, which has been the subject
of a very damaging report by the Government Accountability Office.
The New York State County
Highway Superintendents Association (NYSCHSA) and the New York State Association
of Town Superintendents
of Highways (NYSAOTSOH) say local governments need a minimum increase in
funding for the Consolidate
Highway Improvement Program (CHIPS)
of $ 200 million to $ 638 million per year.
Those things have added up to a mayor that takes her message to Washington, to complain about delays in replenishing the
Highway Trust
Fund; to Albany, looking to get more state spending on infrastructure; and to the Clinton Global Initiative, as a member
of the infrastructure working group.
Some $ 12.1 million in road resurfacing projects that will cover about 115 miles
of state
highway are the first
of the» NY Works» transportation improvement projects that were
funded under Cuomo's signed 2012 - 2013 budget.
Rep. John Katko asked a committee
of House and Senate members Wednesday to restore $ 12 million in
funding for Centro and billions for other public transit systems that were cut in a
highway bill the House passed earlier this month.
Faced with a deadlock over transportation
funding and
highway tolls, Democratic legislative leaders last month quietly resorted to an audacious proposal that would have permitted the establishment
of highway tolls without the approval
of the General Assembly.
WASHINGTON — President Donald Trump's $ 4.4 trillion budget plan would slash
funding for interstate
highways, jeopardizing New York's plan to transform a stretch
of Interstate 81 in Syracuse in the next decade, U.S. Sen. Charles Schumer said Tuesday.
Like other proposed
funding solutions, including the tax on vehicle miles traveled,
highway tolls are controversial, especially in the parts
of the state most likely to be impacted by tolls.
•
Highway Infrastructure and Urban Transit, administered by the Department
of Transportation and the Metropolitan Transportation Authority, continued to
fund thousands
of jobs in construction projects around the State and directly
funded 2,735 jobs.
These
funds are awarded to a State after the President or the Governor issues a formal emergency declaration and the State files a request for the cost
of damages to its eligible
highways.
Totaling $ 4,445,454 in appropriations, including the General,
Highway, Water and Sewer
Funds, the proposed town budget would require an additional $ 71,296 in taxes to be raised, an increase
of 2.53 percent over 2017.
While the
Highway and Water
Funds will see significant increases under the new budget, these are partially counterbalanced by a significant drop in Sewer
Fund expenditures following the payoff
of a bond and a nearly flat General
Fund appropriation, up only.13 percent.
New York State could lose up to $ 170 million in federal
highway funding (out
of $ 1.7 billion last year) if the state doesn't remove new «I Love NY»
highway signs.
Sen. Charles Schumer (D - NY) is calling on the Federal
Highway Administration and the New York State Department
of Transportation to unlock
funds for the city
of Utica to use in a new project.
The measure was necessary because the
Highway Trust
Fund, which is used to finance bridge and road construction projects, was set to run out
of funding on May 31.
According to the USA Today Network, the money for the signs came from emergency transportation
funds, usually meant for emergency repairs to
highways and bridges, and that contractors who worked on the signs were paid overtime in order to get them in place before the July 4 holiday in the summer
of 2016.
The hundreds
of tourism signs the Cuomo administration installed along New York's
highways could wind up costing the state $ 14 million in federal
funding.
ALBANY, N.Y. — The administration
of Democratic Gov. Andrew Cuomo will remove and replace hundreds
of «I love NY» tourism signs along New York's
highways after officials in Washington said the state would lose $ 14 million in federal
funding if they weren't removed.
Democrats launch radio ad criticizing Rep. John Katko for lack
of long - term
highway funding bill