The House Transportation and Infrastructure Committee announced a scheduled formal review and consideration of their federal surface transportation reauthorization measure for Thursday, October 22, 2015. Earlier this morning, the Committee unveiled the bill text of their transportation proposal. While the details are still forthcoming, early reports indicate the bill is a six-year reauthorization with roughly $325 billion identified to support three years worth of funding. The Senate approved a six-year reauthorization measure a number of months ago, although this effort also only contained enough financing for three of the six years. It is expected that once the House moved forward, an effort will be made to reconcile the differences between the House and Senate approach, namely the way a reauthorization measure is funded. The current spending authorization expires on October 29, 2015; however, Congress provided enough funding the previous short-term extension to fund transportation programs through the end of December.
