The transportation industry will be a major player in The Moving Forward Act, a $1.5 trillion investment in the infrastructure of a number of United States economic sectors. In addition to the transportation industry, the energy, education, housing, and healthcare industries will all be impacted by this new initiative put forward by the U.S. House of Representatives. With $494 billion in surface transportation reauthorization funding, the transportation industry will see the majority of the funding.
In a recent article from The Asphalt Pro, they write that fiscal relief within the legislation for state DOTs facing challenging financial situations due to COVID-19 is welcome; in many cases, the bill also creates or increases administrative burdens for states.
Recent Comments