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How the New Congress Impacts the Transportation Industry

How the New Congress Impacts the Transportation Industry

Pelosi and the new House adopted Title I of its governing rules for the 116th Congress. The package includes changes important to the transportation construction industry, such as the repeal of the “Ryan Rule” on Highway Trust Fund (HTF) bailout transfers

ForConstructionPros.com
JANUARY 7, 2019

On Jan. 3, Nancy Pelosi (D-CA.) was elected speaker of the House for the 116th Congress with 220 votes, returning to a post she first held eight years ago. In a vote of 234-197, the House adopted Title I of its governing rules for the 116th Congress. The package includes dozens of changes important to the transportation construction industry, such as the repeal of the “Ryan Rule” on Highway Trust Fund (HTF) bailout transfers, the repeal of term limits for committee and subcommittee chairmen, and the formation of a rule that does not allow extra subcommittees for Transportation and Infrastructure (T&I) and the tax-writing House Ways & Means Committee. Also proposed is a budget enforcement change that will make it easier to fix the $7.6 billion highway funding recession scheduled to take effect July 2020.        

Ryan Rule Repeal

Among the provisions that will not carry over into the new Congress is section 5110 of H. Con. Res 71, so called the "Ryan Rule." This provision requires that in the House, transfers of money from the General Fund (GF) of the Treasury to the HTF "shall be counted as new budget authority and outlays equal to the amount of the transfer of the fiscal year the transfer occurs."

Jeff Davis with Eno Transportation Weekly says that under budget score keeping law, and under Senate rules, transfers from the GF to the HTF fall into a kind of loophole and don't count as "real money." FULL ARTICLE

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