Congress today passed the conference agreement for H.R. 22, the “Fixing America’s Surface Transportation (FAST) Act”—a bill to extend authorization for spending from the highway trust fund and other related funds through September 30, 2020. The House passed the legislation by a vote 359-65. Later in the evening, the Senate passed the legislation by a vote of 83-16.
The current spending authorization for the affected highway and related trust funds expires tomorrow (December 4). The Senate is expected to vote on the conference agreement later today. If the Senate passes the agreement, the president is expected to sign it into law.
NOTE: The president signed the legislation on December 4, 2015.
The conference agreement would extend through September 30, 2022, a variety of highway-related taxes such as the taxes imposed upon gasoline, diesel fuel and kerosene, and certain tires. It also would extend the heavy vehicle use tax through September 30, 2023. It also contains a number of tax enforcement provisions very similar to those included in various versions of highway spending bills passed by the House and Senate earlier this year.
Provisions in the conference agreement include:
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