Highway Funding Transferability Improvement Act
Highway Funding Transferability Improvement Act
Plain Language Summary
# Highway Funding Transferability Improvement Act (HR 4926) - Summary **What the Bill Would Do** This bill would modify how states can use federal highway funding. Currently, states have limited ability to redirect federal money allocated for highway projects to other transportation uses. The bill would increase this flexibility, allowing states to transfer highway funds to different projects or purposes more easily than current law permits. **Who It Affects** The primary beneficiaries would be state transportation departments and local governments, which could better match federal funding to their specific transportation needs.
Drivers and communities could potentially benefit if funds are redirected to address local transportation priorities. The changes would apply nationwide. **Current Status** The bill is currently in committee, meaning it has been introduced but not yet voted on by the full House of Representatives. It was sponsored by Representative Hageman (R-WY) and has not yet advanced further in the legislative process.
Latest Action
Referred to the Subcommittee on Highways and Transit.