,,ii #aai? ,,congress #b;d ,session ,s4 #cghf ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,febru>y #e1 #bjbf,mr4 ,lee introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,environm5t & ,public ,works ,a ,,bill ,to limit sp5d+ f ! ,highway ,tru/ ,fund1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,balance ! ,highway ,tru/ ,fund ,act4 #b4 ,obligation limitation 7a7 ,g5]al limitation ,subject to subsection 7d7 & not)/&+ any o!r provision ( law1 = ea* fiscal ye>1 ! obligations = ,f$]al-aid highway & highway safety con/ruction programs %all n exce$ ! net highway receipts mo/ rec5tly e/imat$ by ! ,secret>y ( ! ,treasury = t fiscal ye> "u section #iejc7;d77#a77;,b7 ( ! ,int]nal ,rev5ue ,code ( #aihf4 7b7 ,di/ribution ( obligation au?ority ,= ea* fiscal ye>1 ! ,secret>y ( ,transportation 7ref]r$ to 9 ?is section z ! ,secret>y7-- 7#a7 %all n di/ribute obligation au?ority provid$ by subsection 7a7 = ! fiscal ye> =-- 7,a7 am\nts au?oriz$ = adm9i/rative exp5ses & programs by section #ajd7;a7 ( title #bc1 ,unit$ ,/ates ,code2 & 7,b7 am\nts au?oriz$ = ! ,bureau ( ,transportation ,/ati/ics2 7#b7 %all n di/ribute an am\nt ( obligation au?ority provid$ by subsection 7a7 t is equal to ! unobligat$ balance ( am\nts-- 7,a7 made available f ! ,highway ,tru/ ,fund 7o!r ?an ! ,mass ,transit ,acc\nt7 = ,f$]al-aid highway & highway safety con/ruction programs = previ\s fiscal ye>s ! funds = :i* are allocat$ by ! ,secret>y 7or apportion$ by ! ,secret>y "u section #bjb or #bjd ( title #bc1 ,unit$ ,/ates ,code72 & 7,b7 = :i* obligation au?ority 0 provid$ 9 a previ\s fiscal ye>2 7#c7 %all det]m9e ! proportion t-- 7,a7 ! obligation au?ority provid$ by subsection 7a7 = ! fiscal ye>1 less ! aggregate ( am\nts n di/ribut$ "u p>agraphs 7#a7 & 7#b7 ( ?is subsection2 be>s to 7,b7 ! total ( ! sums au?oriz$ to be appropriat$ = ! ,f$]al-aid highway & highway safety con/ruction programs1 less ! aggregate ( ! am\nts n di/ribut$ "u p>agraphs 7#a7 & 7#b7 ( ?is subsection2 7#d7 %all di/ribute ! obligation au?ority provid$ by subsection 7a71 less ! aggregate am\nts n di/ribut$ "u p>agraphs 7#a7 & 7#b71 = ea* ( ! programs 7o!r ?an programs to :i* p>agraph 7#a7 applies7 t are allocat$ by ! ,secret>y "u ?is ,act & title #bc1 ,unit$ ,/ates ,code1 or apportion$ by ! ,secret>y "u section #bjb or #bjd ( t title1 by multiply+-- 7,a7 ! proportion det]m9$ "u p>agraph 7#c72 by 7,b7 ! am\nts au?oriz$ to be appropriat$ = ea* su* program = ! fiscal ye>2 & 7#e7 %all di/ribute ! obligation au?ority provid$ by subsection 7a71 less ! aggregate am\nts n di/ribut$ "u p>agraphs 7#a7 & 7#b7 & ! am\nts di/ribut$ "u p>agraph 7#d71 = ,f$]al-aid highway & highway safety con/ruction programs t are apportion$ by ! ,secret>y "u title #bc1 ,unit$ ,/ates ,code 7o!r ?an ! am\nts apportion$ "u sections #bjb & #bjd ( title #bc1 ,unit$ ,/ates ,code7 9 ! proportion t-- 7,a7 am\nts au?oriz$ to be appropriat$ = ! programs t are apportion$ "u title #bc1 ,unit$ ,/ates ,code1 to ea* ,/ate = ! fiscal ye>2 be>s to 7,b7 ! total ( ! am\nts au?oriz$ to be appropriat$ = ! programs t are apportion$ "u title #bc1 ,unit$ ,/ates ,code1 to all ,/ates = ! fiscal ye>4 7c7 ,r$i/ribution ( unus$ obligation au?ority ,not)/&+ subsection 7b71 ! ,secret>y %all1 aft] ,augu/ #a ( ea* fiscal ye>-- 7#a7 revise a di/ribution ( ! obligation au?ority made available "u subsection 7b7 if an am\nt di/ribut$ _c be obligat$ dur+ t fiscal ye>2 & 7#b7 r$i/ribute suffici5t am\nts to ^? ,/ates able to obligate am\nts 9 addition to ^? previ\sly di/ribut$ dur+ t fiscal ye>1 giv+ priority to ^? ,/ates hav+ l>ge unobligat$ balances ( funds apportion$ "u sections #add 7z 9 effect on ! day be=e ! date ( enactm5t ( ,,map-#ba 7,public ,law #aab-ada77 & #ajd ( title #bc1 ,unit$ ,/ates ,code4 7d7 ,applicability ( obligation limitations to transportation rese>* programs 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 obligation limitations impos$ by subsection 7a7 %all apply to contract au?ority = transportation rese>* programs c>ri$ out "u *apt] #e ( title #bc1 ,unit$ ,/ates ,code4 7#b7 ,exception ,obligation au?ority made available "u p>agraph 7#a7 %all-- 7,a7 rema9 available = a p]iod ( #d fiscal ye>s2 & 7,b7 be 9 addition to ! am\nt ( any limitation impos$ on obligations = ,f$]al-aid highway & highway safety con/ruction programs = future fiscal ye>s4 7e7 ,r$i/ribution ( c]ta9 au?oriz$ funds 7#a7 ,9 g5]al ,n lat] ?an #cj days aft] ! date ( di/ribution ( obligation au?ority "u subsection 7b7 = ea* fiscal ye>1 ! ,secret>y %all di/ribute to ! ,/ates any funds 7exclud+ funds au?oriz$ = ! program "u section #bjb ( title #bc1 ,unit$ ,/ates ,code7 t-- 7,a7 are au?oriz$ to be appropriat$ = ! fiscal ye> = ,f$]al-aid highway programs2 & 7,b7 ! ,secret>y det]m9es w n be allocat$ to ! ,/ates 7or w n be apportion$ to ! ,/ates "u section #bjd ( title #bc1 ,unit$ ,/ates ,code71 & w n be available = obligation1 = ! fiscal ye> because ( ! imposition ( any obligation limitation = ! fiscal ye>4 7#b7 ,ratio ,funds %all be di/ribut$ "u p>agraph 7#a7 9 ! same proportion z ! di/ribution ( obligation au?ority "u subsection 7b77#e74 7#c7 ,availability ,funds di/ribut$ to ea* ,/ate "u p>agraph 7#a7 %all be available = any purpose describ$ 9 section #acc7;b7 ( title #bc1 ,unit$ ,/ates ,code4 #c4 ,obligation limitation ,section #ecch ( title #di1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 7f7 ,obligation limitation ,not)/&+ subsection 7a7 or any o!r provision ( law1 = ea* fiscal ye>1 ! total ( all obligations f am\nts made available f ! ,mass ,transit ,acc\nt ( ! ,highway ,tru/ ,fund by subsection 7a7 & any o!r provision ( law %all n exce$ ! net mass transit receipts mo/ rec5tly e/imat$ = t fiscal ye> by ! ,secret>y ( ! ,treasury "u section #iejc7;e77#d7 ( ! ,int]nal ,rev5ue ,code ( #aihf4 4 #d4 ,effective date ,?is ,act & ! am5dm5ts made by ?is ,act take effect ,octob] #a1 #bjbg4