AASHTO Warns Congress on Potential Highway Funding Lapse

March 4, 2024 – The American Association of State Highway and Transportation Officials sent a letter to Congressional leaders on Feb. 26 requesting action to prevent a “potential lapse of critical highway funds” provided by the Infrastructure Investment and Jobs Act or IIJA at the end of the current fiscal year. AASHTO said the lapse risk is driven by the unprecedented growth of the Federal Highway Administration’s “August Redistribution” of highway funds over the last several years. Caused by slower-spending non-formula Highway Trust Fund or HTF accounts such as the TIFIA loan program and INFRA discretionary grants, AASHTO warned Congress that the loss of HTF dollars at the end of this fiscal year has become a real possibility. Read more here.