Transportation Asset Management Simplification Act

S 1167, the Transportation Asset Management Simplification Act, modifies federal requirements for states managing transportation assets. It changes the submission frequency for asset management plans from annually to once every four years, aligning with existing recertification cycles. The bill establishes clearer compliance rules: states deemed compliant maintain that status until the next review, while noncompliant states get a 90-day period (extendable) to fix issues without penalties. This directly affects states receiving federal transportation funding, streamlining their reporting obligations under Title 23, U.S. Code.