Reliability of Highway Trust Fund Revenue Estimates

Reliability of Highway Trust Fund Revenue Estimates
Author: United States House of Representatives
Publisher:
Total Pages: 88
Release: 2019-12-09
Genre:
ISBN: 9781672659345

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Reliability of Highway Trust Fund revenue estimates: hearing before the Subcommittee on Highways, Transit, and Pipelines of the Committee on Transportation and Infrastructure, House of Representatives, One Hundred Ninth Congress, second session, April 4, 2006.

Reliability of Highway Trust Fund Revenue Estimates

Reliability of Highway Trust Fund Revenue Estimates
Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
Total Pages: 86
Release: 2018-03-15
Genre:
ISBN: 9781984938794

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Reliability of Highway Trust Fund revenue estimates : hearing before the Subcommittee on Highways, Transit, and Pipelines of the Committee on Transportation and Infrastructure, House of Representatives, One Hundred Ninth Congress, second session, April 4, 2006.

Reliability of Highway Trust Fund Revenue Estimates

Reliability of Highway Trust Fund Revenue Estimates
Author: United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Highways, Transit, and Pipelines
Publisher:
Total Pages: 88
Release: 2006
Genre: Business & Economics
ISBN:

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Highway Funding

Highway Funding
Author: Phyllis F. Scheinberg
Publisher: DIANE Publishing
Total Pages: 74
Release: 2000-11
Genre: Business & Economics
ISBN: 9780756703967

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The Transportation Equity Act for the 21st Century (TEA-21) authorized $217 bill. for surface transportation programs. TEA-21 continued the use of the Highway Trust Fund as the mechanism to account for Fed. highway user tax receipts that fund various surface transportation programs. This report discusses: the Treasury Dept.'s process for allocating highway user tax receipts to the Highway Account of the Fund; FHWA's process for estimating motor fuel usage & the contributions to the account that are attributable to highway users in each state; & the impact of these processes on the amount of highway program funds distributed to each state. Charts & tables.

Highway Funding

Highway Funding
Author: United States. General Accounting Office
Publisher:
Total Pages: 68
Release: 2000
Genre: Federal aid to transportation
ISBN:

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Highway Trust Fund

Highway Trust Fund
Author: United States. General Accounting Office
Publisher:
Total Pages: 16
Release: 1989
Genre: Roads
ISBN:

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The Federal Highway Trust Fund

The Federal Highway Trust Fund
Author: Road Information Program
Publisher:
Total Pages: 32
Release: 1996
Genre: Bridges
ISBN:

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Highway Trust Fund

Highway Trust Fund
Author: U S Government Accountability Office (G
Publisher: BiblioGov
Total Pages: 28
Release: 2013-06
Genre:
ISBN: 9781289037031

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Pursuant to a congressional request, GAO reviewed the Highway Trust Fund, focusing on the: (1) sources and amounts of trust fund revenues generated between fiscal year (FY) 1987 and FY 1991 and their uses; (2) estimated remaining Fund balance when federal-aid highway and mass transit programs expire at the end of FY 1991; and (3) influence that recent legislation could have on surface transportation spending during the next authorization period. GAO found that: (1) federal highway user taxes on motor fuels, tires, and trucks support the Fund; (2) during FY 1987 through FY 1991, those taxes generated about $73.46 billion, with about 64 percent of those revenues generated through gasoline taxes; (3) while the majority of highway tax revenues are credited to the Fund for highway and mass transit projects or related activities, exceptions included cleanups of petroleum-contaminated groundwater and general fund contributions for use in deficit reduction; (4) the Fund will have an estimated uncommitted balance totalling $17.7 billion dollars by the end of FY 1991 if all outstanding commitments authorized through FY 1991 for both highway and mass transit programs are liquidated using the existing cash balance plus the allowed future revenues; (5) Department of Transportation officials recommended a $3.5-billion safety cushion to guard against inaccurate revenue projections, which could reduce the estimated uncommitted available funds to $14.2 billion; (6) recent legislation setting annual discretionary spending limits in separate defense, international, and domestic categories will determine, in part, the actual spending limits for federal-aid highway and mass transit programs through FY 1995; and (7) in FY 1994 and FY 1995, there will be a single cap on all discretionary spending, and highway and mass transit programs will have to compete with all discretionary programs for available funds.