Moving Freight • National Freight Program – The FAST Act establishes a freight program, which provides dedicated funding for every state to improve the movement of goods, reducing costs and improving performance for businesses and individuals. Under this program, Oklahoma will receive dedicated funding to improving freight corridors and associated assets allowing for local businesses and farmers to transport products and materials more efficiently, cutting down costs for them and their consumers. • Nationally Significant Freight and Highway Projects (NSFHP) – In addition to the National Freight Program, Oklahoma through the NSFHP will be able to compete for funding to address major projects of high importance to a community, a region, or the country. This will provide much needed funding for projects that are difficult to deliver using only traditional funding streams. In addition, NSFHP has a rural set-aside and equitable geographic distribution of funds. This will ensure a balance of where federal dollars are directed, making sure rural projects see the light of day as well as projects located in large urban areas.
Inhofe unveiling his long-term highway reauthorization bill in June 2015.
Inhofe meeting with mayors, including OKC Mayor Mick Cornett, about the need for the federal government to partner with the states to advance infrastructure.
Tribal Transportation Program – The FAST Act grows the program and decreases program management and oversight and project-related administrative expenses related to the tribal transportation program from six percent to five percent, so more money can be used on roads and bridges. Increases the set-aside for high-priority tribal bridges from two percent to three percent. Natural Gas Vehicles – The FAST Act builds on Inhofe’s record supporting natural gas vehicle development and investment in natural gas fueling infrastructure by allowing the states to designate natural gas fueling corridors, identifying the needs and most vital locations for such fueling infrastructure. • Natural Gas Vehicles in HOV Lanes – the FAST Act provides states the flexibility to allow natural gas vehicles to use HOV lanes. • Regulatory Parity with Electric Vehicles – The FAST Act instructs EPA to modify its automobile regulations so that manufacturers of natural gas vehicles are provided with identical regulatory incentives as those manufacturers of electric vehicles. • Weight limit exemptions to incentives natural gas fueled heavy trucks – The FAST Act includes a limited truck weight exemption for natural gas commercial vehicles to put them on an even competitive level with trucks that have lighter diesel engines.
Inhofe Annual Report 2015
Inhofe holding a press conference in Owasso, Okla. in June 2015 to announce provisions in his highway bill that will benefit the state. He was joined by local business and industry leaders as well as local public officials.
“This act, which Inhofe authored, greatly improves the investment and the policies that are in current law and will allow the states to work more efficiently in administering the federal program. There are some who will find parts of the legislation that they will not agree with, but I can say without any hesitation that the DRIVE Act will certainly improve our national system.” - Oklahoma DOT Sec. Gary Ridley in the Oklahoman on Aug. 28, 2015