House Passes Transportation Bill

HOUSE PASSES TEA-LU

On March 10, 2005, the U.S. House of Representatives passed H.R. 3, the Transportation Equity Act: A Legacy for Users (TEA LU), by a vote of 417-9. Included in the bill is extension of expenditure authority for The Aquatic Resources Trust Fund (also known as Wallop-Breaux) through Fiscal Year 2009. The diversion to the General Fund of 4.8 cents per gallon of taxes used in motorboats and the nonbusiness use of small-engine outdoor power equipment is not extended, which should provide substantial additional resources for the Wallop-Breaux fund.

The action now moves to the Senate where the Committee on Environment and Public Works began its consideration of the bill on March 16th.