The attached file below is a summary the Transportation Bill the House may be voting on as early as Thursday. As I mentioned in a previous email, the bill re-authorizes the important Sport Fish Restoration and Boating Safety Act and releases the Harbor Maintenance Fund from the freeze placed on it by the President.
If the Transportation bill passes, it would allow those frozen funds to be used to dredge channels and ports. The bill is also fiscally responsible, allowing expenditures to not exceed revenues. In the past several years, Congress gasoline excise tax revenues have not been sufficient to pay for the projects authorized by Congress, so funds have been transferred from the General Revenue Account.