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May 12, 2014

Federal Surface Transportation Reauthorization: The Road Ahead

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With the expiry looming of the current federal authorization for U.S. surface transportation funding, the Obama Administration recently submitted a bill to Congress (the “Grow America” Act) proposing a four-year reauthorization and containing several programmatic modifications. The Senate is currently working on a proposed bill (expected to be introduced today) and a House bill is expected to follow. We summarize in the attached the key elements of Grow America, congressional activity to date relating to a new bill, and specific surface transportation financing options that are likely to be discussed among stakeholders.

View full memo, Federal Surface Transportation Reauthorization: The Road Ahead

Authors and Contributors

Cynthia Urda Kassis

Partner

Project Development & Finance

+1 212 848 7969

+1 212 848 7969

New York

Paul Epstein

Partner

Project Development & Finance

+1 212 848 5266

+1 212 848 5266

New York