Conference Report on H.R. 22, Surface Transportation Reauthorization and Reform Act of 2015by Representative Bob Gibbs
Posted on 2015-12-03
GIBBS. Mr. Speaker, I rise in support of H.R. 22, Fixing
America's Surface Transportation Act.
I want to thank Chairman Shuster, Ranking Member DeFazio, Chairman Graves, Ranking Member Norton, and my colleagues on the committee for coming together to craft bipartisan legislation that provides States with the certainty they need with this 5-year bill, which will provide long-term infrastructure planning.
The FAST Act builds on the reforms that we did in MAP-21 to ensure that projects are completed in a timely manner. I was pleased to see that a number of priorities that are important to my district have been included in this legislation, including that of reforming the broken Compliance, Safety, Accountability program, which ensures that motor carrier safety ratings are fair and accurate.
As the subcommittee chairman on Water Resources and Environment, we worked to get a provision into WRRDA called WIFIA. In this bill, we put in a provision to allow WIFIA loans to be used in conjunction with tax- exempt bonds to leverage private capital. This will help our infrastructure needs and clean water projects. This is an important loan guarantee program that is similar to TIFIA, which provides municipalities with additional funding for water infrastructure projects. This will complement programs like the Clean Water SRF Project.
I urge the support of this bipartisan legislation, which provides certainty and makes a good investment to provide transportation in order to move commerce and people in the future.