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Sen. Paul Introduces Emergency Transportation Safety Fund Act

May 10, 2013

Yesterday, Sen. Rand Paul introduced legislation to establish the Emergency Transportation Safety Fund Act, which would provide funding for new construction, repair, and replacement of crumbling bridges and roads. The bill will make funding a priority to emergency infrastructure projects by directing revenues reaped from allowing overseas capital to be repatriated back to the United States at a low 5 percent rate into a special transportation fund. By reducing the existing repatriation rate, U.S. companies will have greater incentive to bring funds back to the United States for reinvestment.

"While we are faced with a fiscal crisis, our nation also has critical infrastructure needs that demand immediate attention. The Emergency Transportation Safety Fund Act is a fiscally responsible approach by providing the necessary resources to rebuild and enhance America's infrastructure. My plan will not only save our infrastructure from collapsing, but also encourage reinvestment here at home without increasing the debt," Sen. Paul said.



Contact Senator Rand Paul at One of his Offices

Bowling Green - Main State Office
1029 State Street
Bowling Green, KY 42101
Phone: 270-782-8303

423 Federica St, Ste 305
Owensboro, KY 42301
Phone: 270-689-9085

Crescent Springs
541 Buttermilk Pk Ste 102
Crescent Springs, KY 41017
Phone: 859-426-0165

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Lexington, KY 40503
Phone: 859-219-2239

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Rm 1072B
Louisville, KY 40202
Phone: 502-582-5341

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Hopkinsville, KY 42240
Phone: 270-885-1212

Washington, DC
124 Russell Senate Office Building
Washington DC, 20510
Phone: 202-224-4343