President to Sign MAP-21 Legislation July 6, 2012
At a White House Rose Garden ceremony on Friday, July 6, President Obama will sign the Moving Ahead for the 21st Century Act (MAP-21). Congress passed the transportation reauthorization legislation just in time to beat the June 30, 2012, expiration date. A one week extension (the tenth of its kind) was also approved to allow time for the legislation to be filed in the proper format. MAP-21 extends highway and transit program authorization for 27-months – through the end of FY 2014 – and keeps funding at current levels with a modest inflation boost (1.4 percent) in FY 2013 and 2014. Authority to collect the Federal motors fuels tax is also extended through the end of FY 2016. (Source: AGC of America) View AGC of America’s Summary.
