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It was designed to ensure long-term funding for: Road repairs and highway maintenance
Bridge safety upgrades
Public transit investments
Bicycle and pedestrian projects
The law includes annual inflation indexing to make sure revenues don’t lose value over time.—Bethany Wales, Sacbee.com, 1 July 2025 In recent days, those talks have largely centered on keeping the $40,000 deduction cap from the House bill intact but dropping the $500,000 income threshold and indexing for inflation.—Mychael Schnell, The Hill, 27 June 2025 On July 1, the Senate passed a new version of the bill that:
Increases the SALT cap to $40,000 in 2025, with 1% annual inflation indexing through 2029.—Robert Green, Forbes.com, 3 July 2025 One solution lies in two increasingly popular strategies: exchange funds and direct indexing.—Sharon Olson, Forbes, 28 Feb. 2025 See All Example Sentences for indexing
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