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Road Work Ahead Transportation Fund

Posted: Wednesday, 16 July 2014 2:30PM

Transportation Fund Bill Heads To Senate



The Transportation Trust Fund bill passed the House of Representatives on Tuesday and is headed to the Senate. Michael Pape with Ed Whitfield's office says the Senate will vote on the bill before August 1.


   
Pape says the bill controls how much money each state gets back from federal gas tax dollars based on federal formulas.


   
He says that today Kentucky receives approximately 97 cents back for every federal gas tax dollar sent to Washington.

Without the bill, the trust fund could go broke by next month. The House bill has been backed by President Obama and would extend funding through next May, giving Congress time to come up with a long-term solution. If the fund goes broke, thousands of transportation and infrastructure projects would stop, costing 800,000 jobs.

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