[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[S. 2713 Introduced in Senate (IS)]
106th CONGRESS
2d Session
S. 2713
To amend title 23, United States Code, to require States to use Federal
highway funds for projects in high priority corridors, and for other
purposes.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
June 13, 2000
Mr. Hutchinson 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 require States to use Federal
highway funds for projects in high priority corridors, and for other
purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Priority Corridor Equity Act of
2000''.
SEC. 2. REVENUE ALIGNED BUDGET AUTHORITY.
Section 110(c) of title 23, United States Code, is amended--
(1) by striking ``Of the funds'' and inserting the
following:
``(1) In general.--Of the funds''; and
(2) by adding at the end the following:
``(2) Special rule.--
``(A) In general.--Notwithstanding paragraph (1),
if, for fiscal year 2000 or any fiscal year thereafter,
a State has within its boundaries 1 or more high
priority corridors identified in section 1105(c) of the
Intermodal Surface Transportation Efficiency Act of
1991 (105 Stat. 2032) and the State does not obligate
on projects described in section 103(b)(6)(A) an
aggregate amount that equals or exceeds the amount
described in subparagraph (B), the State may obligate
funds allocated to the State under subsection (b)(4)
for the following fiscal year only on projects
described in section 103(b)(6)(A) in such corridors.
``(B) Amount.--The amount referred to in
subparagraph (A) is the lesser of--
``(i) 10 percent of the aggregate amount of
funds apportioned to the State under this
chapter; or
``(ii) the total amount necessary to
complete construction of any incomplete
projects described in section 103(b)(6)(A) in
such corridors.''.
<all>
Introduced in Senate
Read twice and referred to the Committee on Commerce, Science, and Transportation.
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