U.S. Congress - H.R.5102 ON TIME Act of 2007
H.R.5102 - ON TIME Act of 2007
To direct the Secretary of Transportation to establish and collect a fee based on the fair market value of articles imported into the United States and articles exported from the United States in commerce and to use amounts collected from the fee to make grants to carry out certain transportation projects in the transportation trade corridors for which the fee is collected, and for other purposes. view all titles (3)
All Bill Titles
- Short: ON TIME Act of 2007 as introduced.
- Short: Our Nation's Trade, Infrastructure, Mobility, and Efficiency Act of 2007 as introduced.
- Official: To direct the Secretary of Transportation to establish and collect a fee based on the fair market value of articles imported into the United States and articles exported from the United States in commerce and to use amounts collected from the fee to make grants to carry out certain transportation projects in the transportation trade corridors for which the fee is collected, and for other purposes. as introduced.
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Official Summary
1/23/2008--Introduced.Our Nation's Trade, Infrastructure, Mobility, and Efficiency Act of 2007 or the ON TIME Act of 2007 - Declares that it is the purpose of this Act to: (1) address major transportation investment needs in national trade gateway corridors; (2) reduce freight congestOfficial Summary
1/23/2008--Introduced.Our Nation's Trade, Infrastructure, Mobility, and Efficiency Act of 2007 or the ON TIME Act of 2007 - Declares that it is the purpose of this Act to:
(1) address major transportation investment needs in national trade gateway corridors;
(2) reduce freight congestion along current and future trade corridors along surface transportation routes that are or will be congested as a result of current or future growth in international trade; and
(3) develop corridors that will increase freight transportation system reliability. Directs the Secretary of Transportation (Secretary) to assess and collect a national trade gateway corridor fee on each article imported into, and exported from, the United States. Requires collected fees to be deposited in the National Trade Gateway Corridor Fund for projects in the transportation trade corridors for the Customs port of unloading of imported, or loading of exported, articles. Sets forth requirements with respect to:
(1) the allocation of Fund amounts in the form of grants to state departments of transportation to carry out eligible projects in the corridors for the Customs ports of entry; and
(2) project selection and eligibility. Requires the Secretary to establish a transportation trade corridor for each Customs port of entry where fees are collected.
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Recent News Coverage
House bill proposes transportation funding for trade corridors
and Jesse Jackson Jr. (D-Ill.) introduced Our Nation's Trade Infrastructure, Mobility and Efficiency Act, or the ON TIME Act (HR 5102), which proposes to ...
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ON TIME Act of 2007: A New Tax on Imports and Exports?
On January 23, 2008, Bill HR 5102, âOur Nation's Trade, Infrastructure, Mobility, and Efficiency Act of 2007â or the âON TIME Act of 2007,â was introduced to the US House of Representatives. Although this bill has just been introduc
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