Highway and Transportation Funding Act of 2015, Part II

H.R. 3038, the Highway and Transportation Funding Act of 2015, Part II, was a short-term measure designed to prevent a shutdown of federal transportation projects by extending funding for the Highway Trust Fund. It authorized approximately $8 billion to keep federal-aid highway, highway safety, and public transit programs operational through December 18, 2015.

For the average citizen, this bill ensured that road repairs, bridge construction, and public bus and rail services continued without interruption while Congress worked on a long-term infrastructure plan. To pay for this extension, the bill implemented several tax-related changes, such as updating mortgage interest reporting requirements and adjusting tax return due dates for corporations and partnerships. Additionally, it directed a portion of airline passenger security fees toward the general Treasury to help offset the costs of the transportation programs.