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US House of Representatives passes STRRA

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World Cement,


On 5 November, the US House of Representatives passed the Surface Transportation Reauthorisation & Reform Act (STRRA), following debate on over 100 amendments. The multi-year federal highway bill moves Congress one step closer to completing work on vital infrastructure legislation that will enable economic growth across the country.

The measure sets federal surface transportation policy for the next six years and includes critical reforms that will modernise US highways and improve their efficiency. Up to US$339 billion in funding will be provided, with the first three years guaranteed, leaving Congress to find additional funds for the remaining three years. The bill also authorises roughly US$40 billion annually for the Federal-Aid Highway Program.

“As the backbone of the US economy, infrastructure should always be a top priority for our federal government,” said James G. Toscas, president and CEO of PCA. “Thanks go to House Transportation and Infrastructure Committee Chairman Bill Shuster and Ranking Member Peter DeFazio for recognising this, and for their bipartisan leadership in passing this bill.”

“America has waited a decade for Congress to pass a serious and long-term investment in our nation’s infrastructure, and we are glad this day has finally come after 35 short-term funding extensions,” said Michael W. Johnson, NSSGA president and CEO. “Our industry produces the raw materials needed to build and improve our country’s roads and bridges, and we are ready to get to work.”


Adapted from press releases by   Sources: NSSGA  PCA

Read the article online at: https://www.worldcement.com/the-americas/06112015/us-house-of-representatives-passes-strra-926/


 

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