Topics: asset recycling

Anti-Tolling Coalition Urges Senate Lawmakers to Reject Tolls

The Alliance for Toll-Free Interstates urged Senate lawmakers to reject tolling in any variation or form as a means of funding infrastructure as they develop legislative text for the infrastructure framework announced by the White House and a bipartisan group of Senators. More

President Agrees to Bipartisan Infrastructure Plan

President Biden and a bipartisan group of Senators announced June 24 that they had reached a tentative agreement on a $1.2 trillion infrastructure deal that would add $579 billion in new investments in roads, broadband internet, electric utilities and other projects. The White House and 21 Senators have been negotiating the infrastructure deal simultaneously as both the House and the Senate advance surface transportation reauthorization legislation. Current surface transportation law expires Sept. 30 and funds the vast majority of the nation’s infrastructure projects. More

Anti-Tolling Coalition Opposes Asset Recycling and Tolls to Pay for Infrastructure

The Alliance for Toll-Free Interstates issued a statement to media June 18 opposing asset recycling and tolls as a means of funding infrastructure after media reports contained leaked draft documents speculated to be the funding principles of the infrastructure legislation being negotiated between a bipartisan group of Senators and the White House. More

Congressman DeFazio Plans to Deliver Major Infrastructure Package

Congressman Peter DeFazio (D-Ore.), who is set to become Chairman of the House Transportation and Infrastructure Committee in the 116th Congress, said Nov. 6 that a major infrastructure package funded by real dollars would be his first order of business in January. Current surface transportation law is set to expire in 2020 and infrastructure is largely viewed as one issue where bipartisan agreement will be possible next year. Of importance to truckstops and travel plazas, Rep. DeFazio spoke about the shortcomings of the $1.5 trillion infrastructure plan put forth by the Administration in early 2018, saying it was full of “pretend stuff” such as privatization and asset recycling, which could very easily lead to tolling and rest area commercialization. More

Lawmakers Expect Infrastructure Guidelines After State of the Union

The Trump Administration is expected to delay its timetable for unveiling infrastructure guidelines until after the State of the Union, lawmakers said Jan. 11. More

DOT Secretary Chao Reaffirms Push for Private Financing for Infrastructure

Transportation Secretary Elaine Chao reaffirmed that DOT still expects private financing to play a role in the Administration’s infrastructure plan despite recent criticism of public-private partnerships by President Trump. Secretary Chao also said that work on an infrastructure package will not begin until after Congress works on tax reform, squashing suggestions that a tax code overhaul could be used to pay for an infrastructure package. More

House T&I Committee Chairman Shuster Supports Private Financing of Infrastructure at Hearing

House Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.) strongly advocated for private financing as a means of funding infrastructure projects during a Subcommittee hearing Oct. 11, demonstrating a willingness to support policies that would lead to the commercialization of Interstate rest areas and threaten the truckstop and travel plaza industry. During a House Highways and Transit Subcommittee hearing to explore solutions for boosting infrastructure investment and stabilizing the Highway Trust Fund, Rep. Shuster spoke positively about Connecticut's decision to allow a private company to lease its on-highway travel plazas to finance upgrades to the facilities as well as Australia’s asset recycling program, which funds new infrastructure and revitalizes existing infrastructure through the sale or lease of public assets. More

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