Rollover any line of text to comment and/or link to it.
S 1344 PCS
Calendar No. 86
111th CONGRESS
1st Session
S. 1344
To temporarily protect the solvency of the Highway Trust Fund.
IN THE SENATE OF THE UNITED STATES
June 24, 2009
Mr. VITTER (for himself, Mr. KYL, Mr. BROWNBACK, and Mr. BARRASSO) introduced the following bill; which was read the first time
June 25, 2009
Read the second time and placed on the calendar
A BILL
To temporarily protect the solvency of the Highway Trust Fund.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
SEC. 2. TEMPORARY PROTECTION OF HIGHWAY TRUST FUND SOLVENCY.
(a) In General- From the amounts appropriated and remaining unobligated under the American Recovery and Reinvestment Act of 2009 (Pub. Law 111-5), the Director of the Office of Management and Budget shall transfer to the Highway Trust Fund such sums as the Secretary of Transportation determines will be necessary to ensure that the Highway Trust Fund balance does not fall below the threshold that would require a change from monthly payments to weekly payments of expenditures from the Highway Trust Fund through September 30, 2010. The Director of the Office of Management and Budget shall report to each congressional committee the amounts so transferred within the jurisdiction of such committee.
(b) Conforming Extension of Expenditure Authority- Subsections (b)(6), (c)(1), and (e)(3) of section 9503 of the Internal Revenue Code of 1986 are each amended by striking ‘2009’ each place it appears and inserting ‘2010’.
Calendar No. 86
111th CONGRESS
1st Session
S. 1344
A BILL
To temporarily protect the solvency of the Highway Trust Fund.
June 25, 2009
Read the second time and placed on the calendar
U.S. Congress - Text of S.1344 as Placed on Calendar Senate Highway Investment Protection Act
