House passes 10-month Highway Trust Fund patch

By |  July 16, 2014

Voting 365 to 55, the U.S. House of Representatives passed the 10-month, $10.8 billion Highway Trust Fund patch, extending current highway and transit policy funding through May 31, 2015.

The $10.8 billion will be transferred from the General Fund, causing another combination of changes to pension rules, an extension of custom fees and a $1 billion transfer from the Leaking Underground Storage Tank trust fund.

The Finance Committee of the Senate also approved a $10.8 billion patch of its own on July 10 that coincides with the House version but includes some tax compliance measures. The focus now lies on Senate Majority Leader Harry Reid, D.-Nev., who must decide which version will be passed.

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About the Author:

Allison Kral is the former senior digital media manager for North Coast Media (NCM). She completed her undergraduate degree at Ohio University where she received a Bachelor of Science in magazine journalism from the E.W. Scripps School of Journalism. She works across a number of digital platforms, which include creating e-newsletters, writing articles and posting across social media sites. She also creates content for NCM's Portable Plants magazine, GPS World magazine and Geospatial Solutions. Her understanding of the ever-changing digital media world allows her to quickly grasp what a target audience desires and create content that is appealing and relevant for any client across any platform.

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