The Highway Formula Fairness Act allows the U.S. Department of Transportation to provide additional federal highway funding to states that have experienced population growth since the last decennial census, with the extra funding distributed proportionally based on each state's relative population increase. The bill also requires the Transportation Secretary to conduct a comprehensive study of how federal highway funds are currently distributed to states and submit recommendations to Congress within 90 days on whether the current distribution method is fair and equitable, considering factors like highway user tax contributions and whether funding achieves national transportation goals. These changes would apply starting with the first fiscal year after the bill becomes law. The legislation aims to ensure that rapidly growing states like Arizona and Texas, which introduced the bill, receive highway funding that better reflects their increasing populations and infrastructure needs.
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