Saturday, April 25, 2009
The American Trucking Associations (ATA) applauds U.S. Senators Jeff Bingaman (D-N.M.) and Chuck Grassley (R-Iowa) for their introduction of the “Transportation Access for All Americans Act,” (S. 885) and the “Transportation Equity for All Americans Act” (S. 884) on April 24.
The legislation will eliminate expensive federal subsidies that now flow to privatized highways. When a state or city leases a highway, it receives significant compensation, but taxpayers always end up paying higher tolls to the private operator.
“I would like to thank Senator Bingaman and Senator Grassley for their leadership,” says ATA President and CEO Bill Graves. “We look forward to working with both gentlemen on this critical issue,” he added.
Privatization is dismantling the nation’s interstate highway network. The United States cannot maintain a national highway network if key segments are leased to the highest bidder. More than money is at stake. Leasing roadways allows states only to postpone, not solve, their budget problems — and without understanding the long-term implications.
The American Trucking Associations is the largest national trade association for the trucking industry. Through a federation of other trucking groups, industry-related conferences, and its 50 affiliated state trucking associations, ATA represents more than 37,000 members covering every type of motor carrier in the United States.
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Library of Congress THOMAS http://thomas.loc.gov/ (General Access LINK to Congress)
Link for BILL Searches:
S.884
Title: A bill to amend title 23, United States Code, to remove privatized highway miles as a factor in apportioning highway funding.
Cosponsors: Sen Bingaman, Jeff [D-NM] & Sen Grassley, Chuck [R-IA] (introduced 4/23/2009)
Latest Major Action: 4/23/2009 Referred to Senate committee. Status: Read twice and referred to the Cmte. on Environment and Public Works
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S.885
Title: A bill to amend the Internal Revenue Code of 1986 to provide special depreciation and amortization rules for highway and related property subject to long-term leases, and for other purposes.
Cosponsors: Sen Bingaman, Jeff [NM] & Sen Grassley, Chuck [IA] (introduced 4/23/2009)
Latest Major Action: 4/23/2009 Referred to Senate committee. Status: Read twice and referred to the Cmte. on Finance
