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Long title: An act to amend and supplement the Federal Aid Road Act approved July 11, 1956, to authorize appropriations for continuing the construction of highways; to amend the Internal Revenue Code of 1954 to provide additional revenue from taxes on motor fuel, tires, and trucks and buses; and for other purposes.
The 1956 Act directed federal fuel tax to the Treasury’s General Fund to be used exclusively for highway construction and maintenance. The Highway Revenue Act, pre-dating the Fund, mandated a tax of three cents per gallon. This original Act, also known as Highway Revenue Act, was set to expire at the end of fiscal year 1972.
In June 1956, Eisenhower signed the Federal Aid Highway Act of 1956 into law. Under the act, the federal government would pay for 90 percent of the cost of construction of Interstate Highways. Each Interstate Highway was required to be a freeway with at least four lanes and no at-grade crossings. [22]
Federal-Aid Highway Act of 1954: May 6, 1954, 68 Stat. 70; Federal-Aid Highway Act of 1956 (National Interstate and Defense Highways Act): June 29, 1956, 70 Stat. 374; Federal-Aid Highway Act of 1958: August 7, 1958; Federal-Aid Highway Act of 1959: September 21, 1959, 73 Stat. 611; Federal Highway Act of 1960: July 14, 1960, 74 Stat. 522
The U.S. federal-aid highway program was commenced in 1916, with milestones of Federal-Aid Highway Act of 1944 and Federal Aid Highway Act of 1956. [1] The federal-aid highway system consists of three parts: The Interstate Highway System (FAI routes) The Federal-aid primary highway system (FAP system) is a system of connected main highways ...
The Federal-Aid Highway Act of 1952 authorized $550 million for the Interstate Highway System on a 50–50 matching basis, meaning the federal government paid 50% of the cost of building and maintaining the interstate while each individual state paid the balance for interstate roads within their borders.
The issue of whether to expand the Interstate Highway System was also outstanding. [14] A final Federal-Aid Highway Act of 1973 was reported out of conference committee on July 20. [10] The conference committee had met 29 times over two months, an exceptionally high number of meetings and long period of time.
The Interstate Highway System was authorized by the Federal Aid Highway Act of 1956, [78] and the state had already designed several freeways for its portion of that system. Seizing the opportunity brought by a 1957 state law, the department sold $700 million in bonds (equivalent to $5.81 billion in 2023 [ 54 ] ) in the late 1950s and early ...