Constructor - September/October 2014 - (Page 61)
LEGISLATIVE AND REGULATORY NEWS
President Signs Highway Bill
ON FRIDAY, AUG. 8, 2014, President Obama signed H.R.
5021, the Highway and Transportation Funding Act of 2014,
which will extend the authorization for federal highway and
transit programs until May 31, 2015, and provide a nearly
$11 billion general fund transfer to the Highway Trust Fund.
This transfer is necessary to ensure that the trust fund can
meet its funding obligations for the duration of the extension.
H.R. 5021 originally passed the House with an overwhelmingly bipartisan majority on June 15. The Senate
voted to amend the House-passed bill to shorten the length
of the extension from May 31, 2015, to Dec. 20, 2014, and
cut the general fund transfer to the Highway Trust Fund
from $11 billion to $8 billion. The passage of the Senate
amendment started a game of legislative ping-pong where
the House voted to disagree to the Senate amendment by
a vote of 271-149 with 226 Republicans and 45 Democrats
voting for and 147 Democrats and two Republicans voting against. Following House action, on July 15, the Senate
passed the original House bill and sent it to the president.
Even with the funding in place and the authorization
extended through May of next year, AGC remains committed
to addressing a long-term funding solution for the Highway
Trust Fund this year. We encourage our members to continue
working through Hardhats for Highways to pressure their
Representative and Senators to act on fixing the Highway Trust
Fund this year.
For more information, please contact Sean O'Neill at
(202) 547-8892 firstname.lastname@example.org.
System Into Law
ON JULY 22, 2014, the president signed the Workforce
Innovation and Opportunity Act into law. The bill easily
passed both the House and Senate in recent weeks. The
legislation will reform the workforce development system,
giving states greater flexibility and strengthening employer
engagement. To read more about the law, please visit
The legislation was a component of AGC's Workforce
Development Plan for the 21st Century (http://bit.
ly/1znOIGq) which was released earlier this year. AGC will
continue to work on the plan's other priorities.
For more information, please contact Jim Young at
(202) 547-0133 or email@example.com.
@Constr uctor Ma g
S E P T E MB E R / O C T O B E R 2 0 1 4 | www.constructormagazine.com 61
Table of Contents for the Digital Edition of Constructor - September/October 2014
All for One and One for All
The Construction Advocacy Fund: Funding the Fight
New Revenue Recognition Standard Developed With Construction Industry Input
Enhancing the Design and Impact of Company Websites
Construction’s Crystal Ball
AGC in Action
Squeaky Clean Construction
Spray Polyurethane Foam: A Candid Look
Legislative and Regulatory News
Member and Chapter News
2014 Insurance Directory
Index to Advertisers
Constructor - September/October 2014