Bill

Bill > S2229


US S2229

US S2229
Highway Formula Modernization Act of 2021


summary

Introduced
06/24/2021
In Committee
06/24/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To require the Secretary of Transportation to carry out a highway formula modernization study, and for other purposes.

AI Summary

This bill, the Highway Formula Modernization Act of 2021, requires the Secretary of Transportation to conduct a study to assess the method and data used to apportion Federal-aid highway funds under existing law. The study will evaluate whether the current apportionment method results in an equitable distribution of funds based on estimated tax payments and achieves the goals of the federal highway program. The Secretary is required to develop recommendations for a new apportionment method, including the factors and weightings to be used, to ensure an equitable and goal-oriented distribution of highway funds.

Committee Categories

Agriculture and Natural Resources

Sponsors (4)

Last Action

Read twice and referred to the Committee on Environment and Public Works. (on 06/24/2021)

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