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Alice Echo News Journal Congressman Filemon Vela (TX-34) released a statement on his address to the House Committee on transportation and infrastructure for South Texas at the Members’ Day Hearing on Thursday, April 15. The hearing gives state leaders the opportunity for members of the U.S. House of Representatives to highlight issues of importance to them and their constituents as Congress works to reauthorize surface transportation programs as well as participate in the Committee’s work on all future transportation and infrastructure issues within Committee jurisdiction. “Revitalizi...

For USDOT, a Scientific Approach, and TOD Funds Robert C. Hampshire, Ph.D. Resurrecting a position that was abolished more than 40 years ago, the U.S. Department of Transportation is appointing a Chief Science Officer for the entire agency, and has taken additional steps “to act on the Biden-Harris Administration’s commitment to address the climate emergency and restore scientific integrity.” And the Federal Transit Administration has made available $10 million in TOD (transit-oriented development) planning grant funds. U.S. Secretary of Transportation Pete Buttigieg has designated Robe...

Media Availability With Truck Crash Victims: Truck Safety Bill Introduced in Congress Today Seeks First Raise in Minimum Insurance for Motor Carriers in 41 Years Share Article Victims and Survivors with Truck Safety Coalition Send Letter Urging Members of Congress to Pass INSURANCE Act to Protect Families from the Financial Hardship of Shouldering the High Costs of Lifelong Medical Care Resulting from a Truck Crash. Crash victim family members volunteering with the Truck Safety Coalition are available for media interviews to discuss their personal stories of emotional and economic loss, and t...

[co-author: Kim Lee] The American Rescue Plan Act of 2021 (“ARPA”), which was signed into law on March 11, 2021, includes a number of provisions relating to health and welfare plans that will be beneficial to many Americans. In addition, ARPA provides funding relief to single-employer defined benefit plans and significant financial assistance to the most underfunded multiemployer plans. However, ARPA does not rescue everyone, and actually expands the group of employees subject to the $1 million dollar limit on certain compensation deductions contained in Section 162(m) of the Internal Rev...

Multiemployer Plan Help The new stimulus bill allows multiemployer plans that are in critical and declining status to get a lump sum of money to make benefit payments for the next 30 years, or through 2051. Michael Clark, managing director and consulting actuary with River and Mercantile, says plans must file an application for special financial assistance. The Pension Benefit Guaranty Corporation (PBGC) has 120 days from the law’s passage to issue regulations or guidance about the process and specify effective dates. The legislation says plans can use the money to make benefit payments and...