WASHINGTON—After two days of a marathon markup, the House Transportation and Infrastructure Committee last Thursday passed along a 35-25 party-line vote the Investing in a New Vision for the Environment and Surface Transportation (INVEST) in America Act. NACS, NATSO and SIGMA joined together to urge committee members to oppose the legislation because it discourages private investment in electric vehicle (EV) charging and would stifle the market’s transition to EVs.
As reported by NACS Daily, the bill would authorize $494 billion over five years for surface transportation, including $411 billion to be invested in the Highway Trust Fund. The bill, H.R. 2, also includes several climate mitigation policy initiatives, such as requiring the U.S. Department of Transportation to establish a new greenhouse gas emissions performance measure and the creation of a program to support carbon pollution reductions.
Prior to the hearing, NACS, along with NATSO and SIGMA, sent a joint industry letter to members of the House Transportation and Infrastructure Committee opposing H.R. 2. The groups shared concern over two provisions critical to the fuel retailing industry. Both issues will hamper private sector investment in electric vehicle charging infrastructure and discourage the convenience and fuel retailing community from offering electric vehicle charging to EV drivers.
The INVEST Act will be incorporated into the broader infrastructure bill, the Moving Forward Act. Other House committees of jurisdiction, such as the House Ways and Means Committee and the House Energy and Commerce Committee, will be working on their sections of the infrastructure package later this week. It is expected that the bill will be on the floor of the House next week before the Independence Day holiday weekend.