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Emergency Transportation Safety Fund Act

Introduced: May 9, 2013 Introduced by: Paul, Rand Republican · Kentucky See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 9, 2013
Read twice and referred to the Committee on Finance.
May 9, 2013
Introduced in Senate
 Plain-English summary Congressional Research Service

Emergency Transportation Safety Fund Act - Amends the Internal Revenue Code to reduce the tax rate on current and accumulated foreign earnings of U.S. corporations reinvested in the United States and make such lower rate permanent.

Establishes the Emergency Transportation Safety Fund and makes appropriations to it.

Directs the Secretary of Transportation (DOT) to compile a prioritized list of emergency transportation projects, which will guide the allocation of Fund amounts to the states.

What's happening now May 9, 2013

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1