S.Amdt. 2399

SA 2399. Mr. GRASSLEY (for himself and Mr. Baucus) submitted an amendment intended to be proposed by him to the bill S. 1072, to authorize funds for Federal-aid highways, highway safety programs, and transit programs, and for other purposes; which was ordered to lie on the table; as follows:

Section 5212 is amended to read as follows:

SEC. 5212. TRANSFER OF CERTAIN AMOUNTS FROM THE AIRPORT AND AIRWAY TRUST FUND TO THE HIGHWAY TRUST FUND TO REFLECT HIGHWAY USE OF JET FUEL.

(a) In General.--Section 9502(d) is amended by adding at the end the following new paragraph:

“(7) Transfers from the trust fund to the highway trust fund.--

“(A) In general.--The Secretary shall pay annually from the Airport and Airway Trust Fund into the Highway Trust Fund an amount (as determined by him) equivalent to amounts received in the Airport and Airway Trust Fund which are attributable to fuel that is used primarily for highway transportation purposes.

“(B) Amounts transferred to mass transit account.--The Secretary shall transfer 11 percent of the amounts paid into the Highway Trust Fund under subparagraph (A) to the Mass Transit Account established under section 9503(e).”.

(b) Conforming Amendments.--

(1) Subsection (a) of section 9503 is amended--

(A) by striking “appropriated or credited” and inserting “paid, appropriated, or credited”, and

(B) by striking “or section 9602(b)” and inserting “, section 9502(d)(7), or section 9602(b)”.

(2) Subsection (e)(1) of section 9503 is amended by striking “or section 9602(b)” and inserting “, section 9502(d)(7), or section 9602(b)”.

(c) Effective Date.--The amendments made by this section shall take effect on October 1, 2004.