Fixing America's Surface Transportation (FAST) Act
Major transportation projects take many years to plan, design and build. State and local governments need predictable federal funding and policy guidance.
FAST Act at a Glance
Congress in 2015 enacted the Fixing America's Surface Transportation (FAST) Act that provided federal funding at a modest rate of annual growth, from fiscal year (FY) 2016 through 2020, including:
- $305 billion over 5 years, which included $281 billion in Highway Trust Fund programs
- Transit funding formula programs that increased by 9% in FY 2016 and about 2% thereafter
- Highway funding formula programs that boosted 5.5% in FY 2016 and about 2% thereafter
- Environmental streamlining provisions to speed project delivery
The FAST Act maintained statewide and metropolitan planning processes, as well as existing federal performance measures.
It also continued the core highway and transit funding programs that were established by its 2012 predecessor Moving Ahead for Progress in the 21st Century (MAP 21).
These two programs were established by the FAST Act:
- National Highway Freight Program: A formula program focused on goods movement that received $6.3 billion over five years
- Nationally Significant Highway and Freight Projects Program: Received $4.5 billion over five years