S.Amdt. 4001

SA 4001. Mr. NELSON of Nebraska submitted an amendment intended to be
proposed to amendment SA 3983 proposed by Mr. Reid to the bill H.R.
5140, to provide economic stimulus through recovery rebates to
individuals, incentives for business investment, and an increase in
conforming and FHA loan limits; which was ordered to lie on the table;
as follows:

At the end add the following:

TITLE VI--TEMPORARY INFRASTRUCTURE GRANTS TO STATES

SEC. 601. TEMPORARY INFRASTRUCTURE GRANTS TO STATES.

Section 601 of the Social Security Act (42 U.S.C. 801) is
amended to read as follows:

``SEC. 601. TEMPORARY INFRASTRUCTURE GRANTS TO STATES.

``(a) Appropriation.--There is authorized to be
appropriated and is appropriated for making payments to
States under this section, $5,000,000,000 for fiscal year
2008.
``(b) Payments.--From the amount appropriated under
subsection (a), the Secretary of the Treasury shall, not
later than the later of the date that is 45 days after the
date of enactment of this section or the date that a State
provides the certification required by subsection (e), pay
each State the amount determined for the State under
subsection (c).
``(c) Payments Based on Population.--
``(1) In general.--Subject to paragraph (2), the amount
appropriated under subsection (a) shall be used to pay each
State an amount equal to the relative population proportion
amount described in paragraph (3).
``(2) Minimum payment.--
``(A) In general.--No State shall receive a payment under
this section that is less than--
``(i) in the case of 1 of the 50 States or the District of
Columbia, \1/2\ of 1 percent of the amount appropriated under
subsection (a); and
``(ii) in the case of the Commonwealth of Puerto Rico, the
United States Virgin Islands, Guam, the Commonwealth of the
Northern Mariana Islands, or American Samoa, \1/10\ of 1
percent of the amount appropriated under subsection (a).
``(B) Pro rata adjustments.--The Secretary of the Treasury
shall adjust on a pro rata basis the amount of the payments
to States determined under this section without regard to
this subparagraph to the extent necessary to comply with the
requirements of subparagraph (A).
``(3) Relative population proportion amount.--The relative
population proportion amount described in this paragraph is
the product of--
``(A) the amount described in subsection (a); and
``(B) the relative State population proportion (as defined
in paragraph (4)).
``(4) Relative state population proportion defined.--For
purposes of paragraph (3)(B), the term `relative State
population proportion' means, with respect to a State, the
amount equal to the quotient of--
``(A) the population of the State (as reported in the most
recent decennial census); and
``(B) the total population of all States (as reported in
the most recent decennial census).
``(d) Use of Payment.--
``(1) In general.--Subject to paragraph (2), a State shall
use the funds provided under a payment made under this
section for infrastructure needs, including--
``(A) construction, maintenance, or repair of highways and
bridges;
``(B) mass transit projects;
``(C) public works projects, such as water, wastewater
treatment, sewer, or drinking water projects; or
``(D) other capital construction needs.
``(2) Limitation.--A State may only use funds provided
under a payment made under this section if such funds are
obligated for expenditure before October 1, 2008.
``(e) Certification.--In order to receive a payment under
this section, the State shall provide the Secretary of the
Treasury with a certification that the State's proposed uses
of the funds are consistent with subsection (d).
``(f) Definition of State.--In this section, the term
`State' means the 50 States, the District of Columbia, the
Commonwealth of Puerto Rico, the United States Virgin
Islands, Guam, the Commonwealth of the Northern Mariana
Islands, and American Samoa.
``(g) Repeal.--This title is repealed on October 1,
2008.''.
______