Foster Introduces Legislation to Make Transportation Funding More Fair
WASHINGTON, DC – Today, Congressman Bill Foster (D-IL) introduced the Fair Allocation of Highway Funds Act. The bipartisan measure would make sure states, including Illinois, receive a fair share of transportation funding through the Highway Trust Fund.
Under the current allocation system, transportation funds are distributed from the Highway Trust Fund without considering a state’s share of the transfer from the U.S. Treasury needed to make up the shortfall from the gas tax. As a result, some states receive as much as six times more funding than they contribute to the fund while others receive far less than they paid. This legislation would require that states receive credit for their contribution to the General Fund transfer.
“Illinois and many other states are not receiving their fair share of federal funding for transportation projects because of a flawed budgetary method,” said Foster. “Illinois residents are rightly concerned about the conditions of the roads and bridges they rely on every day. They deserve to know the federal government is properly allocating transportation funding so we can make the necessary infrastructure investments that our state needs.”
The Federal Highway Administration estimates that the Foster proposal would increase the amount of funding Illinois receives from the Highway Trust Fund by 8.86 percent, a difference of more than $408 million over two years.