Last night, the House Transportation and Infrastructure Committee advanced its portion of the reconciliation bill by a vote of 36-30. The legislation provides $12.5 billion to upgrade the air traffic control system and provides $21.2 billion for new Coast Guard facilities, ships, and programs. The bill also includes $10 billion in savings and additional revenues through measures such as new annual fees state transportation departments will be required to collect on vehicles to fund the Highway Trust Fund, including: (1) a $250/year fee for electric vehicles; and (2) a $100/year fee for hybrid vehicles.
Savings are also generated by recissions of unspent monies provided under the Inflation Reduction Act, including: (1) funds for the General Service Administration to reduce carbon emissions from federal buildings; (2) funds for procurement of low-embodied carbon construction materials for federal construction projects; and (3) funds to develop emerging and sustainable technologies and sustainability and environmental programs for buildings. Finally, the bill rescinds unobligated funds for low-carbon transportation grants and claws back funding for low-emission aviation technology and transportation equity grants.