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Highway Trust Fund Ticker

The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 (P.L. 114-41) authorized General Fund transfers to the Highway Account and Mass Transit Account of the Highway Trust Fund. These transfers will help maintain Highway Trust Fund solvency through the third quarter of fiscal year (FY) 2016.

However, it is important to note that many programs funded through the Highway Trust Fund are only authorized through October 29, 2015. Although sufficient balances exist in the Highway Trust Fund to maintain solvency through the third quarter of FY 2016, an October 29th lapse in authorization prevents new obligations in Highway and Transit programs and impacts reimbursements to States.

Highway Account

Based on current spending and revenue trends, the U.S. Department of Transportation estimates that the Highway Account of the Highway Trust Fund will encounter a shortfall in the fourth quarter of FY 2016.

Mass Transit Account

Based on current spending and revenue trends, the U.S. Department of Transportation estimates that the Mass Transit Account of the Highway Trust Fund will encounter a shortfall in the fourth quarter of FY 2016.

Updated: Thursday, August 20, 2015
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