Highway Innovative Financing Act of 2014 - Amends the Intermodal Surface Transportation Efficiency Act of 1991 to remove limits on the number of state or local governments or public authorities with which the Secretary of Transportation (DOT) may enter into cooperative agreements to establish value pricing pilot programs (in effect, allowing extension of the programs to all such authorities).
Amends the Transportation Equity Act for the 21st Century (TEA-21) to increase from 3 to 10 the number of IS highways, bridges, or tunnels where a state may collect tolls for the reconstruction and rehabilitation of Interstate System highway corridors.