,i #aaeth ,,congress #b;d ,session ,h4 ,r4 #dgci ,,in ,,the ,,house ,,of ,,representatives ,january #h1 #bjah,mr4 ,hastings introduced the following bill2 which was referred to the ,committee on ,transportation and ,infrastructure1 and in addition to the ,committee on ,ways and ,means1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to provide dedicated funding for the national infrastructure investment program and the capital investment grant program1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,build ,america ,act of #bjah4 #b4 ,national infrastructure investment program 7a7 ,establishment ,the ,secretary of ,transportation shall carry out a national infrastructure investment program 7in this section referred to as the program7 for capital investments in surface transportation infrastructure in accordance with the requirements of this section4 7b7 ,discretionary grants ,the ,secretary shall distribute funds made available to carry out the program as discretionary grants to be awarded to a ,state1 local government1 or transit agency1 or a collaboration among such entities1 on a competitive basis for projects that will have a significant impact on the ,nation1 a metropolitan area1 or a region4 7c7 ,eligible projects ,projects that are eligible for funding under the program include1 at a minimum1 the following3 7#a7 ,highway and bridge projects eligible under title #bc1 ,united ,states ,code4 7#b7 ,public transportation projects eligible under chapter #ec of title #di1 ,united ,states ,code4 7#c7 ,passenger and freight rail transportation projects4 7#d7 ,port infrastructure investments 7including inland port infrastructure and land ports of entry74 7d7 ,,tifia ,the ,secretary may use up to #bj percent of the funds made available to carry out the program for a fiscal year for the purpose of paying the subsidy and administrative costs of projects eligible for ,federal credit assistance under chapter #f of title #bc1 ,united ,states ,code1 if the ,secretary finds that such use of the funds would advance the purposes of the program4 7e7 ,distribution of funds ,in distributing funds provided under the program1 the ,secretary shall take measures to ensure-- 7#a7 an equitable geographic distribution of funds2 7#b7 an appropriate balance in addressing the needs of urban and rural areas2 and 7#c7 investment in a variety of transportation modes4 7f7 ,fair consideration ,the ,secretary shall ensure that-- 7#a7 eligible projects receive fair consideration under the program2 and 7#b7 funds made available to carry out the program are used to provide funding for eligible projects to the maximum extent practicable4 7g7 ,grant amounts ,a grant funded under the program shall be not less than #e1jjj1jjj and not greater than #de1jjj1jjj4 7h7 ,awards in single ,state ,not more than #aj percent of the funds made available under the program for a fiscal year may be awarded to projects in a single ,state4 7i7 ,federal share ,the ,federal share of the costs for which an expenditure is made under the program shall be1 at the option of the recipient1 up to #hj percent4 7j7 ,priority projects ,in carrying out the program1 the ,secretary shall give priority to projects that require a contribution of ,federal funds in order to complete an overall financing package4 7k7 ,rural areas 7#a7 ,set aside ,not less than #bj percent of the funds provided under the program for a fiscal year shall be for projects located in rural areas 7as defined in section #aja7;a7 of title #bc1 ,united ,states ,code74 7#b7 ,grant amounts2 ,federal share ,for projects located in rural areas-- 7,a7 the minimum grant size under the program shall be #a1jjj1jjj2 and 7,b7 the ,secretary may increase the ,federal share of costs above #hj percent4 7l7 ,wage rate requirements ,projects conducted using funds provided under the program must comply with the requirements of subchapter ,,iv of chapter #ca of title #dj1 ,united ,states ,code4 7m7 ,annual competitions ,for each fiscal year1 the ,secretary shall conduct a new competition to select projects for grants and credit assistance awarded under the program4 7n7 ,administrative expenses ,to fund the award and oversight of grants and credit assistance made under the program1 the ,secretary may-- 7#a7 retain up to #be1jjj1jjj of the funds provided to carry out the program for a fiscal year2 and 7#b7 transfer portions of those funds to the ,administrators of the ,federal ,highway ,administration1 the ,federal ,transit ,administration1 the ,federal ,railroad ,administration1 and the ,maritime ,administration4 7o7 ,period for obligation of funds 7#a7 ,in general ,funds made available for a fiscal year to carry out the program shall remain available to the ,secretary for obligation under the program for a period of #c years after the last day of the fiscal year for which the funds are authorized4 7#b7 ,transfer of unobligated funds ,any amounts made available to carry out the program that remain unobligated at the end of the #c-year period referred to in paragraph 7#a7 shall be transferred to the ,highway ,trust ,fund4 7p7 ,funding ,there shall be available1 without further appropriation1 from the ,national ,infrastructure ,investment ,trust ,fund for expenditure by the ,secretary to carry out the program #c1jjj1jjj1jjj for each fiscal year4 #c4 ,fixed guideway capital investment grants 7a7 ,funding ,there shall be available from the ,fixed ,guideway ,capital ,investment ,trust ,fund1 without further appropriation1 for expenditure by the ,secretary of ,transportation to carry out section #ecji of title #di1 ,united ,states ,code1 #i1jjj1jjj1jjj for each fiscal year4 7b7 ,administrative expenses ,of the amounts made available for a fiscal year under subsection 7a7 to carry out section #ecji of title #di1 ,united ,states ,code1 the ,secretary may retain not more than #a percent of the total funds made available to carry out such section to administer the award and oversee grants made under the program4 7c7 ,period for obligation of funds 7#a7 ,in general ,funds made available for a fiscal year under subsection 7a7 to carry out section #ecji of title #di1 ,united ,states ,code1 shall remain available to the ,secretary for obligation under that section for a period of #d years after the last day of the fiscal year for which the funds are authorized4 7#b7 ,transfer of unobligated funds ,any amounts made available under subsection 7a7 to carry out section #ecji of title #di1 ,united ,states ,code1 that remain unobligated at the end of the #d-year period referred to in paragraph 7#a7 shall be deposited in the ,highway ,trust ,fund4 #d4 ,establishment of ,trust ,funds 7a7 ,in general ,subchapter ,a of chapter #bh of the ,internal ,revenue ,code of #aihf 7relating to the trust fund code7 is amended by adding at the end thereof the following3 #ieab4 ,national ,infrastructure ,investment ,trust ,fund 7a7 ,creation of ,trust ,fund ,there is established in the ,treasury of the ,united ,states a trust fund to be known as the ,national ,infrastructure ,investment ,trust ,fund1 consisting of such amounts as may be appropriated or credited to the ,national ,infrastructure ,investment ,trust ,fund as provided in this section or section #ifjb7;b74 7b7 ,transfer to ,national ,infrastructure ,investment ,trust ,fund of amounts equivalent to certain taxes ,there are hereby appropriated to the ,national ,infrastructure ,investment ,trust ,fund amounts equivalent to the portion of the taxes received in the ,treasury under subsections 7a77#a7 and 7b7 of section #egja that are attributable to the increase in tax imposed by such subsections by reason of the amendments made by section #e of the ,build ,america ,act of #bjah4 7c7 ,expenditures from ,national ,infrastructure ,investment ,trust ,fund ,amounts in the ,national ,infrastructure ,investment ,trust ,fund shall be available1 without further appropriation1 to the ,secretary of ,transportation for making expenditures under the national infrastructure investment program authorized by section #b of the ,build ,america ,act of #bjah4 #ieac4 ,fixed ,guideway ,capital ,investment ,trust ,fund 7a7 ,creation of ,trust ,fund ,there is established in the ,treasury of the ,united ,states a trust fund to be known as the ,fixed ,guideway ,capital ,investment ,trust ,fund1 consisting of such amounts as may be appropriated or credited to the ,fixed ,guideway ,capital ,investment ,trust ,fund as provided in this section or section #ifjb7;b74 7b7 ,transfer to ,fixed ,guideway ,capital ,investment ,trust ,fund of amounts equivalent to certain taxes ,there are hereby appropriated to the ,fixed ,guideway ,capital ,investment ,trust ,fund amounts equivalent to #be percent of the portion of the taxes received in the ,treasury under the rates described in clauses 7i7 and 7iii7 of section #djha7;a77#b77;,a71 and section #djha7;a77#b77;,d71 but only to the extent such amounts are attributable to the increase in rates under such clauses1 and such section1 by reason of the amendments made by section #f of the ,build ,america ,act of #bjah4 ,for purposes of the preceding sentence1 taxes received under section #djda and #djha shall be determined without reduction for credits under section #fdbf4 7c7 ,expenditures from ,fixed ,guideway ,capital ,investment ,trust ,fund ,amounts in the ,fixed ,guideway ,capital ,investment ,trust ,fund shall be available1 without further appropriation1 to the ,secretary of ,transportation for making expenditures after ,october #a1 #bjai1 under section #ecji of title #di1 ,united ,states ,code1 pursuant to the authorization in section #c of the ,build ,america ,act of #bjah4 4 7b7 ,clerical amendment ,the table of sections for subchapter ,a of chapter #ih of the ,internal ,revenue ,code of #aihf is amended by adding at the end thereof the following new items3 ,sec4 #ieab4 ,national ,infrastructure ,investment ,trust ,fund4 ,sec4 #ieac4 ,fixed ,guideway ,capital ,investment ,trust ,fund4 4 #e4 ,increase in tax on cigarettes and small cigars 7a7 ,small cigars ,section #egja7;a77#a7 of the ,internal ,revenue ,code of #aihf is amended by striking #ej4cc per thousand and inserting #ge4cj per thousand4 7b7 ,cigarettes ,section #egja7;b7 of such ,code is amended-- 7#a7 by striking #ej4cc per thousand in paragraph 7#a7 and inserting #ge4cj per thousand2 and 7#b7 by striking #aje4fi per thousand in paragraph 7#b7 and inserting #acj4fi per thousand4 #f4 ,increase in tax on motor fuels 7a7 ,gasoline other than aviation gasoline ,section #djha7;a77#b77;,a77i7 of the ,internal ,revenue ,code of #aihf is amended by striking #ah4c cents and inserting #ec4c cents4 7b7 ,diesel fuel or kerosene ,section #djha7;a77#b77;,a77iii7 of such ,code is amended by striking #bd4c cents and inserting #ei4c cents4 7c7 ,increase for inflation ,section #djha7;a77#b7 of such ,code is amended by adding at the end the following new subparagraph3 7,e7 ,adjustment for inflation ,in the case of any calendar year beginning after #bjah1 the rates of tax contained in clauses 7i7 and 7iii7 of subparagraph 7,a7 shall each be increased by an amount equal to-- 7i7 such rate1 multiplied by 7ii7 the cost of living adjustment determined under section #a7;f77#c7 for the calendar year1 determined by substituting calendar year #bjaf for calendar year #aiib in subparagraph 7,b7 thereof4 ,any increase under the preceding sentence shall be rounded to the nearest #j4a cents4 4 7d7 ,diesel-,water fuel emulsion ,section #djha7;a77#b77;,d7 of such ,code is amended by striking substituting #ai4g cents for #bd4c cents4 and inserting substituting a rate equal to #ha percent of the rate in effect for the calendar year under such subparagraph44 7e7 ,effective date ,the amendments made by this section shall apply to fuels removed1 entered1 or sold after ,october #a1 #bjah4 #g4 ,highway ,trust ,fund 7a7 ,coordination with ,fixed ,guideway ,capital ,investment ,trust ,fund ,section #iejc7;b77#d7 of the ,internal ,revenue ,code of #aihf is amended by striking or at the end of subparagraph 7,c71 by striking the period at the end of subparagraph 7,d7 and inserting 1 or1 and by adding at the end the following new subparagraph3 7,e7 clauses 7i7 and 7iii7 of section #djha7;a77#b77;,a71 and section #djha7;a77#b77;,d71 but only to the extent of amounts equivalent to the portion of such taxes as are appropriated to the ,fixed ,guideway ,capital ,investment ,trust ,fund under section #ieac7;b74 4 7b7 ,mass transit portion adjusted ,section #iejc7;e77#b77;,a7 of such ,code is amended by striking #b4hf cents and inserting #f4be cents4 7c7 ,transfer of unobligated national infrastructure investment and fixed guideway capital investment amounts ,section #iejc7;f7 of the ,internal ,revenue ,code of #aihf is amended by redesignating paragraph 7#aj7 as paragraph 7#aa7 and by inserting after paragraph 7#i7 the following new paragraph3 7#aj7 ,further transfers to trust fund 7,a7 ,in general ,there is hereby appropriated to the ,highway ,trust ,fund amounts to be transferred to the ,trust ,fund pursuant to sections #b7o7 and #c7;c77#b7 of the ,build ,america ,act of #bjah4 7,b7 ,transfer of portion to ,mass ,transit ,account ,from such amounts1 the ,secretary shall transfer to the ,mass ,transit ,account so much as bears the same ratio to such amount as the mass transit portion 7as defined in subsection 7e77#b77 bears to all taxes imposed with respect to fuel by sections #djda and #djha and otherwise deposited into the ,highway ,trust ,fund4 4