0
0

A bill to limit spending from the Highway Trust Fund, and for other purposes.

1/2/2025, 8:51 PM

Summary of Bill S 5505

Bill 118 s 5505, also known as the Highway Trust Fund Spending Limitation Act, aims to restrict the amount of money that can be spent from the Highway Trust Fund. The Highway Trust Fund is a federal fund that is used to finance transportation projects such as road and bridge construction and maintenance.

The bill proposes to set a limit on the amount of money that can be spent from the Highway Trust Fund each year. This limit is intended to ensure that the fund is used efficiently and effectively, and to prevent wasteful spending on unnecessary projects.

In addition to limiting spending from the Highway Trust Fund, the bill also includes provisions for other purposes related to transportation funding. These provisions may include measures to improve accountability and transparency in the use of funds, as well as to ensure that projects funded by the Highway Trust Fund are completed in a timely and cost-effective manner. Overall, the Highway Trust Fund Spending Limitation Act is aimed at promoting responsible and effective use of federal transportation funding, and at ensuring that taxpayer dollars are used wisely to support critical infrastructure projects across the country.

Current Status of Bill S 5505

Bill S 5505 is currently in the status of Bill Introduced since December 12, 2024. Bill S 5505 was introduced during Congress 118 and was introduced to the Senate on December 12, 2024.  Bill S 5505's most recent activity was Read twice and referred to the Committee on Environment and Public Works. as of December 12, 2024

Bipartisan Support of Bill S 5505

Total Number of Sponsors
2
Democrat Sponsors
0
Republican Sponsors
2
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 5505

Primary Policy Focus

Alternate Title(s) of Bill S 5505

A bill to limit spending from the Highway Trust Fund, and for other purposes.
A bill to limit spending from the Highway Trust Fund, and for other purposes.

Comments

River Kahn profile image

River Kahn

653

1 year ago

I don't like it, it's gonna hurt us all.