S 1474
111th Congress
Senate
Transportation and Public Works
Government trust funds
Interest, dividends, interest rates
Public transit
Roads and highways
Sales and excise taxes
Securities
Transportation programs funding
A bill to amend the Internal Revenue code of 1986 to repeal the provision prohibiting the crediting of interest to the Highway Trust Fund, to provide certain transfers to such Trust Fund, and to extend the expenditure authority for such Trust Fund, and for other purposes.
Introduced: July 20, 2009
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 22, 2009
Star Print ordered on the bill.
Jul 20, 2009
Read twice and referred to the Committee on Finance.
Jul 20, 2009
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to: (1) repeal the requirement that obligations held by the Highway Trust Fund be non interest-bearing; (2) appropriate additional amounts to such Fund and allow such amounts to remain available without fiscal year limitation; and (3) extend until March 31, 2011, the authority to make expenditures from such Fund (including the Mass Transit Account).
What's happening now
Star Print ordered on the bill.
Committees of jurisdiction
1
Cosponsors
1