The Federal-Aid Highway Act of 1952 authorized $550 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.
Signed into law by President Harry S. Truman on June 25, 1952
Analysisedit
These were the first funds authorized specifically for Interstate construction. However, it was a token amount, reflecting the continuing disagreements within the highway community rather than the national importance of the system.[1]
federal, highway, 1952, authorized, million, interstate, highway, system, matching, basis, meaning, federal, government, paid, cost, building, maintaining, interstate, while, each, individual, state, paid, balance, interstate, roads, within, their, borders, fe. The Federal Aid Highway Act of 1952 authorized 550 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 Federal Aid Highway Act of 1952Acronyms colloquial FAHAEnacted bythe 82nd United States CongressEffectiveJune 25 1952CitationsPublic lawPub L Tooltip Public Law United States 82 413Statutes at Large66 Stat 158Legislative historyIntroduced in the House as H Con Res 56Signed into law by President Harry S Truman on June 25 1952Analysis editThese were the first funds authorized specifically for Interstate construction However it was a token amount reflecting the continuing disagreements within the highway community rather than the national importance of the system 1 See also editFederal Aid Highway Act of 1956References edit Federal Aid Highway Act of 1956 Creating the Interstate System Archived from the original on November 11 2010 Retrieved October 15 2012 nbsp nbsp This article relating to law in the United States or its constituent jurisdictions is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Federal Aid Highway Act of 1952 amp oldid 1103552544, wikipedia, wiki, book, books, library,
