Federal-Aid Highway Act

This act coincided with moves by former railroad owners who pivoted away from railroads and toward other forms of shipping control. It expanded previous public road initiatives and authorized $25 million for the Interstate Highway System on a 50/50 matching basis, meaning the federal government paid 50% of the cost of building and maintaining the interstate while each individual state paid the balance for interstate roads within their borders. 

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *