To ensure that the aggregate amount made available for transportation projects for a fiscal year does not exceed the estimated amount available for those projects in the Highway Trust Fund for the fiscal year.
What it does: Adds SEC. ___. LIMITATION ON EXPENDITURES at the end of subtitle E of title I of division A
Sen. Bob Corker (R-TN)We couldn't read part of this amendment. That part is shown as written below.
Adds SEC. ___. LIMITATION ON EXPENDITURES at the end of subtitle E of title I of division A
Adds a sectionInserted: SEC. ___. LIMITATION ON EXPENDITURES.
Inserted: Notwithstanding any other provision of law, if the Secretary determines for any fiscal year that the estimated governmental receipts required to carry out transportation programs and projects under this Act and amendments made by this Act (as projected by the Secretary of the Treasury) does not produce a positive balance in the Highway Trust Fund available for those programs and projects for the fiscal year, each amount made available for such a program or project shall be reduced by the pro rata percentage required to reduce the aggregate amount required to carry out those programs and projects to an amount equal to that available for those programs and projects in the Highway Trust Fund for the fiscal year.
Original wording
At the end of subtitle E of title I of division A, add the following:
Shown as written
Purpose: To ensure that the aggregate amount made available for transportation projects for a fiscal year does not exceed the estimated amount available for those projects in the Highway Trust Fund for the fiscal year)
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
Purpose: To ensure that the aggregate amount made available for
transportation projects for a fiscal year does not exceed the estimated
amount available for those projects in the Highway Trust Fund for the fiscal year)
At the end of subtitle E of title I of division A, add the following:
SEC. ___. LIMITATION ON EXPENDITURES.
Notwithstanding any other provision of law, if the Secretary determines for any fiscal year that the estimated governmental receipts required to carry out transportation programs and projects under this Act and amendments made by this Act (as projected by the Secretary of the Treasury) does not produce a positive balance in the Highway Trust Fund available for those programs and projects for the fiscal year, each amount made available for such a program or project shall be reduced by the pro rata percentage required to reduce the aggregate amount required to carry out those programs and projects to an amount equal to that available for those programs and projects in the Highway Trust Fund for the fiscal year.
Legislative Activity
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Senate amendment not agreed to: Amendment SA 1810 not agreed to in Senate by Voice Vote.
March 14, 2012
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Senate amendment not agreed to: Amendment SA 1810 not agreed to in Senate by Voice Vote.
March 14, 2012
Considered by Senate. (consideration: CR S1645, S1649)
March 14, 2012
Amendment SA 1810 not agreed to in Senate by Voice Vote.
March 14, 2012
Considered by Senate. (consideration: CR S1593)
March 13, 2012
Senate amendment proposed (on the floor): Amendment SA 1810 proposed by Senator Corker.(consideration: CR S1533-1534; text: CR S1534)
March 8, 2012
Amendment SA 1810 proposed by Senator Corker. (consideration: CR S1533-1534; text: CR S1534) To ensure that the aggregate amount made available for transportation projects for a fiscal year does not exceed the estimated amount available for those projects in the Highway Trust Fund for the fiscal year.
March 8, 2012
Senate amendment submitted
March 7, 2012