The U.S. Senate's new transportation funding bill proposes the sale of 101 million barrels of crude oil from the government's Strategic Petroleum Reserve in the fiscal 2018-2025 period, collecting $9 billion to fund road and rail projects.

A summary of the three-year funding bill released on Tuesday by Senate Republicans also proposes to collect $16.3 billion by slashing the 6 percent dividend rate paid to large banks to 1.5 percent.