Highway Innovative Financing Act of 2014

Bill: 113-s-2051
Sponsor: full_name: Sen. Kirk, Mark Steven [R-IL]
Introduced: 2014-02-27
Policy area: Transportation and Public Works
Subjects: Roads and highways

Transportation programs funding
Latest action: action_date: 2014-02-27
text: Read twice and referred to the Committee on Environment and Public Works.

Summaries:
action_date: 2014-02-27
action_desc: Introduced in Senate
text: <p>Highway Innovative Financing Act of 2014 - Amends the Intermodal Surface Transportation Efficiency Act of 1991 to remove limits on the number of state or local governments or public authorities with which the Secretary of Transportation (DOT) may enter into cooperative agreements to establish value pricing pilot programs (in effect, allowing extension of the programs to all such authorities). <p>Amends the Transportation Equity Act for the 21st Century (TEA-21) to increase from 3 to 10 the number of IS highways, bridges, or tunnels where a state may collect tolls for the reconstruction and rehabilitation of Interstate System highway corridors.</p>

tv_txt: II 113th CONGRESS 2d Session S. 2051 IN THE SENATE OF THE UNITED STATES February 27, 2014 Mr. Kirk (for himself and Mr. Warner ) introduced the following bill; which was read twice and referred to the Committee on Environment and Public Works A BILL To provide States with greater flexibility in innovative highway financing.

1. Short title This Act may be cited as the Highway Innovative Financing Act of 2014 . 2. Innovative surface transportation financing methods (a) Value pricing pilot program Section 1012(b)(1) of the Intermodal Surface Transportation Efficiency Act of 1991 ( 23 U.S.C. 149 note; Public Law 102–240) is amended in the second sentence by striking as many as 15 such State or local governments or public authorities and inserting States, local governments, and public authorities . (b) Interstate system reconstruction and rehabilitation pilot program Section 1216(b)(2) of the Transportation Equity Act for the 21st Century (23 U.S.C. 129 note; Public Law 105–178 ) is amended— (1) in the first sentence, by striking 3 and inserting 10 ; and (2) by striking the second sentence.