Highway Trust Fund
E22390
The Highway Trust Fund is a U.S. federal transportation fund, primarily financed by fuel and related excise taxes, that supports the construction and maintenance of highways and mass transit systems.
Observed surface forms (2)
| Surface form | Occurrences |
|---|---|
| Federal Highway Trust Fund | 1 |
| Federal-Aid Highway Program | 1 |
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
United States government fund
ⓘ
federal trust fund ⓘ transportation trust fund ⓘ |
| administeredBy |
United States Department of Transportation
ⓘ
surface form:
U.S. Department of Transportation
|
| allocationMethod | formulas set in federal surface transportation law ⓘ |
| benefitPrinciple | users pay through fuel taxes for highway and transit infrastructure ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| createdDuring | Eisenhower administration ⓘ |
| establishedBy |
Federal-Aid Highway Act of 1956
ⓘ
surface form:
Highway Revenue Act of 1956
|
| establishedInYear | 1956 ⓘ |
| fiscalIssue | periodic revenue shortfalls ⓘ |
| fundsDistributedTo |
local transit agencies
ⓘ
state governments ⓘ |
| fundType | user-fee-based fund ⓘ |
| governedBy |
Title 23 of the United States Code
ⓘ
Title 26 of the United States Code ⓘ |
| hasComponent |
Highway Account
ⓘ
Mass Transit Account ⓘ |
| HighwayAccountPurpose | fund federal highway programs ⓘ |
| historicalRole | primary federal funding source for the Interstate Highway System ⓘ |
| legalNature | dedicated fund in the U.S. Treasury ⓘ |
| managedUnder | Highway Trust Fund provisions of the Internal Revenue Code ⓘ |
| MassTransitAccountPurpose | fund public transportation programs ⓘ |
| overseenBy |
Federal Highway Administration
ⓘ
Federal Transit Administration ⓘ |
| policyDebate |
fuel tax rate increases
ⓘ
long-term solvency ⓘ vehicle-miles-traveled fees ⓘ |
| primaryRevenueSource | federal motor fuel excise taxes ⓘ |
| purpose |
finance construction of highways
ⓘ
finance maintenance of highways ⓘ support mass transit systems ⓘ support surface transportation programs ⓘ |
| relatedTo |
Fixing America’s Surface Transportation Act
ⓘ
Infrastructure Investment and Jobs Act (as president) ⓘ
surface form:
Infrastructure Investment and Jobs Act
Interstate Highway System ⓘ federal-aid highway program ⓘ |
| revenueSource |
diesel fuel tax
ⓘ
gasoline tax ⓘ heavy vehicle use tax ⓘ tire excise taxes ⓘ truck and trailer excise taxes ⓘ |
| spendingAuthorizedBy | surface transportation authorization acts ⓘ |
| subjectOf |
Congressional Budget Office reports
ⓘ
congressional budget debates ⓘ |
| supportsSpendingCategory |
highway construction
ⓘ
highway maintenance ⓘ public transit capital projects ⓘ transportation safety programs ⓘ |
Referenced by (4)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Federal-Aid Highway Program
this entity surface form:
Federal Highway Trust Fund