The America's Transportation Infrastructure Act (ATIA), which provides $287 billion over five years, representing a 27 percent increase over FAST act levels, was recently approved unanimously in U.S. Senate committee. Some other highlights of the bill according to the Association of Equipment Manufacturers include codifying the One Federal Decision Executive Order which will reduce regulatory project delays, increased investment in the Technology and Innovation Deployment Program, and expansion of the National Highway Freight Program all of which are among AEM's infrastructure priorities.
The association's president Dennis Slater issued the following statement regarding the latest progress of ATIA:
"We applaud the work of the U.S. Senate Committee on Environment and Public Works in introducing a bipartisan surface transportation reauthorization bill and moving that bill through Committee with unanimous approval. The America's Transportation Infrastructure Act will provide the resources necessary to maintain and improve our nation's surface transportation assets. That is good for equipment manufacturers and communities across the country. Our industry depends on the strength of our nation's infrastructure to transport the equipment we make across the country and around the world. That same equipment is also critical in the construction and maintenance of nearly all aspects of our nation's infrastructure network. While this is a step in the right direction, we will continue to work with members of Congress on both sides of the aisle to secure a comprehensive infrastructure package that provides adequate, sustainable, long-term funding to modernize and improve our nation's entire infrastructure portfolio."