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S. 5505

BillFederalSenateIn Committee
A bill to limit spending from the Highway Trust Fund, and for other purposes.
About This Bill
Committee
Latest Action · December 12, 2024
Read twice and referred to the Committee on Environment and Public Works.
Congress
118th (2023–2025)
Introduced
December 12, 2024
Cosponsors (0)
None
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Summary

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The Balance the Highway Trust Fund Act would limit federal highway spending to match actual revenues collected for roads and bridges. Starting October 2025, the bill would cap annual spending from the Highway Trust Fund's highway account at the amount the Treasury estimates will be collected that year, and similarly cap transit spending at projected transit revenues. The legislation affects state transportation departments and transit agencies that receive federal funding for construction projects. The bill also includes provisions allowing states to redistribute unused funds to other states after August 1 each year if they cannot spend their full allocation. This measure essentially prevents the Highway Trust Fund from spending more money than it collects, though transportation research programs would have a four-year window to use their allocated funds.

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