H.R.6534 - Resist Offsetting with Additional Debt Act

To rescind certain earmark projects under SAFETEA-LU for the purpose of eliminating the shortfall in the Highway Trust Fund, and for other purposes. view all titles (3)

All Bill Titles

  • Official: To rescind certain earmark projects under SAFETEA-LU for the purpose of eliminating the shortfall in the Highway Trust Fund, and for other purposes. as introduced.
  • Short: Resist Offsetting with Additional Debt Act as introduced.
  • Short: ROAD Act as introduced.

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Introduced
 
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President
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07/16/08
 
 
 
 
 
 
 

Official Summary

7/17/2008--Introduced.Resist Offsetting with Additional Debt Act or the ROAD Act - Rescinds unobligated balances of certain earmarked surface transportation projects under the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU) and certain othe

Official Summary

7/17/2008--Introduced.
Resist Offsetting with Additional Debt Act or the ROAD Act - Rescinds unobligated balances of certain earmarked surface transportation projects under the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU) and certain other appropriations Acts (in order to eliminate the deficit in the Highway Trust Fund (HTF)). Prohibits:
(1) recalculation of amounts allocated for surface transportation projects under the Equity bonus program for a fiscal year to take such rescissions into account; and
(2) the transfer of funds from the General Fund of the Treasury in order to alleviate the deficit in the HTF (except amounts equivalent to certain taxes and penalties). Expresses the sense of Congress that state transportation departments should consider implementing certain projects under the highway bridge program and the surface transportation program that improve transportation safety.


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Recent Blog Coverage

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12/15/10
H.R.6534: National Baseball Hall of Fame Commemorative Coin Act ...

Supporting Bill. S.4037 S.4037. 1 · H.Con.Res.335 H.Con.Res.335. 1 · H.R.4213 Tax Extenders Act of ... 1 · S.1699 Unemployment Compensa... 1 · H.R.4851 Continuing ... Source: Open Congress : Senate Judiciary - Major. ...

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07/23/08
No Taxpayer Bailout for the Earmarked Highway Bill

has introduced H.R. 6534—a bill titled “Resisting Offsetting with Additional Debt Act” (ROAD Act)—that would require the trust fund shortfall to be financed by rescinding the authorized, but unobligated, funds that would otherwise be ..

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07/18/08
WashingtonWatch.com - H.R. 6534, The Resist Offsetting with ...

US Congress: HR 6534, The Resist Offsetting with Additional Debt Act.

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