ACPA and other members of NACA* sent a letter yesterday urging House Speaker Nancy Pelosi (D-CA) and House Minority Leader Kevin McCarthy (R-CA) to pass bipartisan legislation that continues to support robust investment in infrastructure with a sustainable long-term funding mechanism for the Highway Trust Fund.
The organizations expressed their encouragement for the robust funding levels provided in the Moving Forward Act (H.R. 2) currently being debated in the House, including $500 billion for The INVEST in America Act. NACA is also encouraged by the bill’s focus on expanding infrastructure financing options.
The groups also expressed support for a number of provisions within the Moving Forward Act. Specific provisions of interest to the concrete pavement industry include:
- Increasing the authorization for the Airport Improvement Program to $4 billion for fiscal years 2021-2025 and expanding AIP eligibilities to include projects to improve airport resiliency to natural disasters.
- Requiring states to spend 20 percent of their NHPP and Surface Transportation Block Grant Program (STBGP) dollars on bridge repair and rehabilitation projects, amounting to $28 billion between FY 2022-2025
- Providing more than $9 billion for projects of national significance – large highway, transit, and freight projects – that cannot be funded through annual apportionments or other discretionary sources.
- Providing $10 billion to the U.S. Army Corps of Engineers Construction account to address the backlog of authorized water resources development projects and $5 billion in operation and maintenance funding for backlogged Corps projects.
- Improving resiliency by authorizing a new grant program for wastewater utilities to assess and address future risks associated with manmade and natural disasters, extreme weather events, and sea-level rise.
- Reestablishing the Build America Bond Program to provide direct financing support for infrastructure investments made by state and local governments.
- Increasing the annual state volume cap on private activity bonds and increasing the limitation on the use of qualified highway or surface transportation facility bonds.
Click here to see the letter, including the provisions noted above.
* The North American Concrete Alliance is a coalition of 12 concrete-related associations formed in 2004 for the purpose of addressing industry-wide concerns & initiatives in the areas of research, safety, education, and government affairs. The coalition is comprised of the American Concrete Pavement Association, American Concrete Pipe Association, American Concrete Pressure Pipe Association, American Concrete Pumping Association, Concrete Foundations Association, Concrete Reinforcing Steel Institute, National Concrete Masonry Association, National Precast Concrete Association, National Ready Mixed Concrete Association, Portland Cement Association, Precast/Prestressed Concrete Institute, and Tilt-Up Concrete Association.
Follow this link to see ACPA’s government affairs repository.