ISTEA FEDERAL TRANSIT ACT AMENDMENTS OF 1991

These revenues are generally administered by the Federal Transit Administration through transit formula and discretionary programs to achieve such objectives as transit and highway funding flexibility and identical matching shares, rail modernization funding by formula, increased use of the trust fund, and expanded research. Revenues from these programs are authorized over a 6 year period of the Act and consist of 58 percent from the Mass Transit Fund of the Highway Trust Fund.