'Donee States' Want Transportation Funding Formula Unchanged

Sanchez, Humberto
June 2004
Bond Buyer;6/16/2004, Vol. 348 Issue 31906, p3
Trade Publication
Reports that the Fair Alliance for Intermodal Reinvestment has asked the United States Senate and House not to tamper with the formula for federal aid to transportation under the Transportation Equity Act for the 21st Century (TEA-21). Alliance represents states that receive more in federal transportation grants than they pay in federal gas taxes; TEA-21 guarantees states a return of 90.5 percent of their contribution to the highway trust fund.


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