DRIVE Act

The DRIVE Act, also known as Bill 118 s 2671, is a piece of legislation introduced in the US Congress that focuses on transportation infrastructure and funding. The bill aims to provide long-term funding for transportation projects across the country, including highways, bridges, and public transportation systems.

One of the key provisions of the DRIVE Act is the establishment of a new formula-based program called the Transportation Infrastructure Finance and Innovation Act (TIFIA). This program would provide loans, loan guarantees, and lines of credit to help finance transportation projects, with a focus on projects that have a significant impact on economic growth and job creation.

Additionally, the DRIVE Act includes provisions to streamline the environmental review process for transportation projects, in order to expedite project delivery and reduce costs. The bill also includes measures to improve safety on the nation's roadways, such as funding for highway safety programs and initiatives to reduce traffic congestion. Overall, the DRIVE Act aims to address the growing infrastructure needs of the United States and provide long-term funding for transportation projects that will support economic growth and improve the quality of life for all Americans.