Transportation, Disaster Funding Included in Omnibus Spending Bill
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The $1.3 trillion spending bill signed by President Trump on Friday, March 23, included increased funding for both transportation and for disaster relief programs. The Transportation, Housing and Urban Development portion of the bill included an additional $21.2 billion in new funding for FY2018 to rebuild and modernize infrastructure; $8.7 billion for transportation; $2.5 billion in new funding for highway grants; $834 million in new funding for mass transit grants; $1 billion increase in the Airport Improvement Program and a $1 billion increase in TIGER grants. In addition, the Department of Homeland Security portion of the bill provided $7.8 billion in disaster relief and $3 billion in disaster grants, state Homeland Security grants, city and local preparedness grants, predisaster mitigation grants and flood hazard mapping and risk analysis.
The accounts and projects that are funded through these provisions are all concrete intensive and funding these accounts is an industry priority.
If you have any questions about these provisions, please contact Andrew Tyrrell at atyrrell@nrmca.org.
