A bill to allow a speed limit of 65 miles per hour on highways not on the National System of Interstate and Defense Highways which meet the construction standards applicable to highways on the System.

Amends Federal law regarding speed limits to authorize the Secretary of Transportation to approve Federal funding for highway projects in States with a speed limit of 65 miles per hour on specified highways which are located: (1) outside an urbanized area with a population of at least 50,000; and (2) on the Interstate System or constructed to Interstate System standards.