Transportation Modernization Act (TMA)
The Tennessee Department of Transportation (TDOT) revealed its first-ever proposed 10-year fiscally-constrained project plan today, with the goal of better communicating with citizens and communities of the long-term investment strategy for infrastructure in Tennessee. The $15 billion fiscally constrained plan includes both the annual TDOT work program budget of approximately $1.2 billion for 10 years plus the $3 billion State General Fund appropriation provided in the Transportation Modernization Act (TMA), proposed by Governor Lee, and passed by the General Assembly earlier this year. There are 93 site-specific capacity-type projects in the plan, 46 of which are funded fully or in part by the $3 billion. For the first time, TDOT has identified the funding necessary to complete all projects in the plan, ensuring “what gets started, gets finished.”
Transportation Modernization Act (TMA) - 10-Year Project Plan