Share
June 2, 2014 11:00 AM, EDT

AASHTO Presses Congress to Act on Highway Trust Fund Crisis

The American Association of State Highway and Transportation Officials passed a resolution that calls on Congress to address the funding crisis facing the Highway Trust Fund this summer.

The fund is expected to fall into the red by late July or early August.

AASHTO said Congress “must act to ensure the solvency of the Highway Trust Fund” prior to the Federal Highway Administration delaying reimbursements to states “for costs already incurred on federally funded highway projects.”

The resolution was approved last week at AASHTO’s annual spring meeting in Louisville, Kentucky.

Nearly 50% of the funding for highway construction projects comes from the Federal-Aid Highway Program funded by the trust fund, AASHTO said.