Transportation Infrastructure:

Estimated State Funding Under the Transportation Empowerment Act

RCED-97-234R: Published: Sep 18, 1997. Publicly Released: Sep 18, 1997.

Additional Materials:

Contact:

John H. Anderson, Jr
(202) 512-8024
contact@gao.gov

 

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

Pursuant to a congressional request, GAO provided the results of its analysis of what obligation authority the states might receive for highway programs under S. 667, the proposed Transportation Empowerment Act (TEA-2).

GAO found that: (1) there are three technical changes to TEA-2 that are necessary if the proposed legislation is to achieve its goal of a zero budget effect; (2) first, the Core Program financing rate differs from that proposed in TEA-2; (3) the estimates are based on a rate of 5 cents in fiscal year (FY) 2000; 4 cents in 2001; 3.5 cents in 2002, 2003, and 2004; and 3 cents thereafter, rather than 4 cents in FY 2000, 3 cents in 2001, and 2 cents thereafter; (4) second, the Highway Trust Fund financing rate in GAO's estimates is 3.5 cents in FY 2002, 2003, and 2004, and 3 cents thereafter; in the proposed TEA-2, the Highway Trust Fund Financing Rate is 2 cents in 2002 and remains at that level; (5) finally, the Infrastructure Special Assistance Fund Section B outlay estimates are net of transfers to the Aquatic Resources Trust Fund and the Land and Water Conservation Fund; and (6) the revenue and outlay estimates are based on the Congressional Budget Office's January 1997 baseline budget forecast.

Oct 5, 2017

Sep 20, 2017

Sep 7, 2017

Aug 28, 2017

Aug 3, 2017

Jul 27, 2017

Jul 26, 2017

Jul 20, 2017

May 31, 2017

Looking for more? Browse all our products here