- More Money For Highway Infrastructure
The Associated General Contractors (AGC) of America has commended the actions of the U.S. House of Representatives and the U.S. Senate for overwhelming support of the American Jobs Creation Act that includes key provisions to restructure the way ethanol-based fuels are taxed — as well as important reforms that should ......
- Jobs Act Boosts Highway Construction
President George W. Bush has signed the "American Jobs Creation Act," which includes important provisions to restructure the way ethanol-based fuels are taxed — as well as important reforms that will reduce and could eliminate motor fuel tax evasion. The Joint Committee on Taxation estimated that these provisions would result ......
- Editor's Report
Congress last month passed HR 4520, the "American Jobs Creation Act," a new tax reform that will benefit the construction industry. According to the Associated General Contractors of America (AGC), which lobbied for many of the business tax incentives included in the bill, the "American Jobs Creation Act," will benefit ......
- up-to-date
ITE ENDORSES HIGHWAY TRUST FUND FINANCING MECHANISMS In October 2003, ITE's International Board of Direction endorsed five additional financing recommendations for reauthorization of the Transportation Equity Act for the 21st Century (TEA-21). ITE already has been on record in support of maintaining guaranteed funding for highway and transit programs, maintaining ......
- Precarious Shape
Steve Massie, senior vice president of the Associated General Contractors of America (AGC), testified in November at a hearing before the National Surface Transportation Policy and Revenue Study Commission that the highway trust fund is in precarious financial shape, and the buying power of trust fund dollars is significantly eroded ......
- Editor's Report
ARTBA Applauds Congressional Leaders The American Road & Transportation Builders Association (ARTBA) applauded House and Senate finance and transportation leaders recently for their efforts to reform reforming federal tax policy relating to the sale use of ethanol-relatedblended motor fuels. Legislation approved by the Congress, which President Bush was expected to ......
- Editor's Report
How do we best meet the growing needs of our deteriorating transportation system, particularly in the face of skyrocketing costs for materials? In recent testimony before the National Surface Transportation Policy and Revenue Study Commission, Associated General Contractors of America (AGC) Senior Vice President Steve Massie called for the creation ......