President Obama on Friday will sign the combined transportation, student loan and flood insurance bill at a White House event, according to a July 3 report by Keith Laing in The Hill.

The House and Senate on June 29 passed a new two-year $105 billion surface transportation reauthorization bill, Moving Ahead for Progress in the 21st Century (MAP-21), the AASHTO Journal reports. The measure, H.R. 4348, passed the House 373-52, just before the June 30 expiration of the ninth extension of SAFETEA-LU. The Senate passed the bill 74-19, according to the AASHTO Journal report.

The measure has just been waiting for Obama’s signature.

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