Financing Federal-Aid Highways
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  • Corporate Creators:
    United States. Federal Highway Administration. Office of Legislation and Strategic Planning
  • Subject/TRT Terms:
  • Publication/ Report Number:
    FHWA-PL-88-033
  • Resource Type:
    Tech Report
  • Geographical Coverage:
    United States
  • Corporate Publisher:
    United States. Federal Highway Administration
  • Abstract:
    Because of the continuing demand for information concerning the financing of Federal-aid highways, the Federal Highway Administration prepared a report describing the basic process involved. This report, "Financing Federal-Aid Highways," was first published in January 1974 and was updated four times: "Financing Federal-Aid Highways -- An Amplification, July 1974," "Financing Federal-Aid Highways -- Revisited, July 1976," "Financing Federal-Aid Highways, May 1979," and "Financing Federal-Aid Highways, October 1983." Enactment of Public Law (P.L.) 100-17, the Surface Transformation and Uniform Relocation Assistance Act of 1987, the 1984 Deficit Reduction act, and other acts made it necessary to update the October 1983 version to reflect changes in the financing procedures brought about by those Acts. In a few cases, "old" rules may still apply to already authorized funds. However, all the financing provisions described in this report are applicable to new authorizations beginning with Fiscal Year (FY) 1987. As shown in the table of contents, the report follows the financial process from inception in an authorization act to payment from the Highway Trust Fund, and includes discussion of the congressional and Federal agency actions which occur throughout. A glossary of terms used in this report is contained in Appendix A.
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