Advocacy / Infrastructure Funding
November 14, 2019
ACEC, Coalition Urge Congress to Repeal $7.6 Billion Rescission
ACEC and a coalition of transportation stakeholders have sent a letter urging Congressional leaders to repeal by the end of 2019 the impending $7.6 billion rescission of highway contract authority scheduled for July 1, 2020.
“It is especially critical to repeal this provision during the current calendar year because in the worst-case scenario, states may be forced to deobligate existing projects in order to provide the necessary amount of contract authority to be rescinded,” the letter stated. “If this happens next spring or summer at the peak of construction season, the effect would be especially devastating.”
The coalition urges the leaders to attach rescission repeal as part of any moving legislation.
Click here to view the letter.
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