A Temporary Detour For Highway Transportation Funding

Law360, New York (August 19, 2014, 10:11 AM EDT) -- Facing the imminent bankruptcy of the federal Highway Trust Fund (HTF) and the specter of delays and reductions in payments from the HTF to the states, the U.S. Congress on July 31 passed the Highway and Transportation Funding Act of 2014, which extended federal surface transportation programs and funding through May 2015. We summarize below the key elements of the act....

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