S. 206 — Introduced in Senate

II 114th CONGRESS 1st Session S. 206 IN THE SENATE OF THE UNITED STATES January 21, 2015Ms. Ayotte introduced the following bill; which was read twice and referred to the Committee on Commerce, Science, and Transportation A BILL To amend title 23, United States Code, to reauthorize the State infrastructure bank program. 1. Short title This Act may be cited as the Local Transportation Infrastructure Act. 2. Local transportation infrastructure program Section 610 of title 23, United States Code, is amended— (1) in subsection (d)— (A) in paragraph (1), by striking subparagraph (A) and inserting the following: (A) 10 percent of the funds apportioned to the State for each of fiscal years 2015 and 2016 under each of sections 104(b)(1), 104(b)(2), and 144; and ; (B) in paragraph (2), by striking 2005 through 2009 and inserting 2015 and 2016; (C) in paragraph (3), by striking 2005 through 2009 and inserting 2015 and 2016; and (D) in paragraph (5), by striking section 133(d)(3) and inserting section 133(d)(4); (2) in subsection (h)(2)— (A) in the first sentence, by striking shall and inserting shall not; and (B) in the second sentence, by striking shall and inserting shall not; and (3) in subsection (k), by striking 2005 through 2009 and inserting 2015 and 2016.