A Quarterly
News Publication of the American Highway Users
Alliance | ||||||
America's Highways | ||||||
Third Quarter 2002
LEGISLATIVE |
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American Highway Users Alliance 1776 Massachusetts Ave., NW, Suite
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Keeping the Trust in the Highway Trust Fund | |||
On September 19, Highway Users President and CEO Bill Fay presented testimony at a House Transportation & Infrastructure subcommittee hearing on comprehensive reauthorization proposals. The Subcommittee on Highways and Transit hearing, chaired by Rep. Thomas E. Petri (R-WI), included 13 other witnesses from various stakeholders organizations. Focusing on the theme "Keeping the Trust in the Highway Trust Fund", Fay reminded members of Congress that the Highway Trust Fund is an attractive target for a variety of special interest groups. He reminded the subcommittee that it is important to be vigilant in making sure that the funds invested by motorists into the fund are used for highways and bridges. He noted that all federal, state, and local governments are presently underfunding road mprovements and would need to spend about $20 billion more than current levels just to maintain current operational conditions. Fay also endorsed Senator Max Baucus' (D-MT) bipartisan legislation, the MEGATrust Act, which would boost highway funding by $6 billion by restoring highway funding lost from ethanol subsidies, and would stop diversion of interest on the balance of the Highway Trust Fund. Fay also urged the committee to increase enforcement of fuel tax evasion laws and to tax aviation fuel at terminal racks, which would save at least $1 billion in diesel fuel tax fraud. In addition to
discussing a variety of options for increasing the size of the highway
program, Fay gave the assembled Congressmen a preliminary list of
priorities and reminded them that the Highway Users plans to issue several
briefs on various reauthorization topics over the coming months. Fay asked
Congress to:
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