Cap Metro Says New Highway Bill is Good for Austin Transit

Capital Metro is celebrating the recent passage of a federal highway bill. The bill authorizes $105 billion for spending on transportation projects nationwide over a two-year period

The new transportation law is called "Moving Ahead for Progress in the 21st Century" or MAP-21.

Capital Metro says the law provides much-needed stability. Capital Metro officials say MAP-21 gives a stable source of funding that's necessary for projects like bus and facility improvements.

"MAP-21 will further support Capital Metro's strategic plan to provide a high-quality, modern transportation system that meets the needs of our growing region," Capital Metro President/CEO Linda S. Watson says.

Passage of the bi-partisan bill went down to the wire. President Obama signed it on Friday.