Transportation Asset Management Simplification Act

This bill aims to simplify and improve how states comply with federal transportation asset management plan requirements by amending title 23, United States Code. It streamlines the process by changing the frequency of compliance determinations and providing states with opportunities to address deficiencies. A key provision shifts the compliance review from an annual basis to once every four years , aligning with the state's recertification process. This change offers states a more predictable and less frequent review cycle. Furthermore, the bill introduces an important "opportunity to cure" for noncompliant states, granting them at least 90 days to rectify issues before penalties apply, with extensions possible. This mechanism allows states to proactively address identified deficiencies and avoid immediate punitive measures.