,i #aad? ,,congress #a/ ,session ,h4 ,r4 #agbd ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #bf1 #bjae ,mr4 ,we/]man introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,transportation & ,infra/ructure ,a ,,bill ,to am5d title #bc1 ,unit$ ,/ates ,code1 to r$uce ,f$]al sp5d+ on surface transportation programs by limit+ ,/ate & local taxation on pur*ases ( con/ruction mat]ials made ) funds made available f ! ,highway ,tru/ ,fund1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,transportation ,funds ,exemption ,act ( #bjae4 #b4 ,treatm5t ( ,/ate & local taxes "u ,f$]al-aid highway program 7a7 ,9 g5]al ,*apt] #a ( title #bc1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ aft] section #aed ! foll[+3 #aee4 ,treatm5t ( ,/ate & local taxes 7a7 ,9 g5]al ,! ,secret>y %all n approve any project "u section #ajf 9 a ,/ate = a fiscal ye> if ! ,secret>y det]m9es t 9 ! previ\s fiscal ye> ,/ate or local sales taxes 7 collect$ )9 ! ,/ate on cov]$ pur*ases ( con/ruction mat]ials made1 9 :ole or 9 "p1 ) funds made available "u ?is *apt]4 7b7 ,def9itions ,9 ?is section1 ! foll[+ def9itions apply3 7#a7 ,cov]$ pur*ase ,! t]m cov]$ pur*ase-- 7,a7 means a pur*ase ( con/ruction mat]ials t are us$ & consum$ dur+ ! con/ruction ( a project or incorporat$ into ! con/ruct$1 recon/ruct$1 or improv$ product or facility2 b 7,b7 does n include a pur*ase ( equipm5t1 heavy equipm5t1 me*aniz$ vehicles1 & con/ruction mat]ials t are n fully consum$ dur+ ! con/ruction ( a project4 7c7 ,con/ruction mat]ial ,! t]m con/ruction mat]ial means any sub/ance specifi$ or necess>y to satisfactorily complete ! contract "w = a project4 4 7b7 ,cl]ical am5dm5t ,! analysis = su* *apt] is am5d$ by ins]t+ aft] ! item relat+ to section #aed ! foll[+3 #aee4 ,treatm5t ( ,/ate & local taxes4 4 7c7 ,effective date ,! am5dm5t made by subsection 7a7 %all apply to fiscal ye> #bjag & ea* fiscal ye> !reaft]4