National Freight Network Trust Fund Act of 2014 - Amends the Internal Revenue Code to establish the National Freight Network Trust Fund, from which expenditures shall be made to fund awards under the National Freight Network Grant Program. Appropriates to the Fund amounts equivalent to 5% of the import duties imposed under the Harmonized Tariff Schedule of the United States.
Establishes such Program in the Department of Transportation (DOT), under which the Secretary of Transportation shall make grants to states, regional or local transportation organizations, or port authorities to assist projects that improve the performance of the national freight network. Directs the Secretary to evaluate and select projects on a competitive basis by considering their potential to:
Requires the Secretary to update the national freight network every five years.
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5101 Introduced in House (IH)]
113th CONGRESS
2d Session
H. R. 5101
To establish a National Freight Network Trust Fund to improve the
performance of the national freight network, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
July 14, 2014
Ms. Hahn (for herself, Mr. Poe of Texas, Mr. Richmond, Mr. Lowenthal,
Mr. Gene Green of Texas, Mr. Nolan, Mr. Rush, and Ms. Fudge) introduced
the following bill; which was referred to the Committee on
Transportation and Infrastructure, and in addition to the Committee on
Ways and Means, for a period to be subsequently determined by the
Speaker, in each case for consideration of such provisions as fall
within the jurisdiction of the committee concerned
_______________________________________________________________________
A BILL
To establish a National Freight Network Trust Fund to improve the
performance of the national freight network, 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 ``National Freight Network Trust Fund
Act of 2014''.
SEC. 2. NATIONAL FREIGHT NETWORK TRUST FUND.
(a) In General.--Subchapter A of chapter 98 of the Internal Revenue
Code of 1986 is amended by adding at the end the following new section:
``SEC. 9512. NATIONAL FREIGHT NETWORK TRUST FUND.
``(a) Creation of Trust Fund.--There is hereby established in the
Treasury of the United States a trust fund to be known as the `National
Freight Network Trust Fund', consisting of such amounts as may be
appropriated or credited to such Trust Fund as provided in this section
and section 9602(b).
``(b) Transfers to Trust Fund.--There are hereby appropriated to
the National Freight Network Trust Fund amounts equivalent to 5 percent
of the import duties imposed under the Harmonized Tariff Schedule of
the United States.
``(c) Expenditures.--Amounts in the National Freight Network Trust
Fund shall be available as provided in appropriations Acts only for
making expenditures to fund awards under the National Freight Network
Grant Program established under section 3(a) of the National Freight
Network Trust Fund Act of 2014.''.
(b) Clerical Amendment.--The table of sections for subchapter A of
chapter 98 of such Code is amended by adding at the end the following
new item:
``Sec. 9512. National Freight Network Trust Fund.''.
SEC. 3. NATIONAL FREIGHT NETWORK GRANT PROGRAM.
(a) Establishment.--There is hereby established in the Department
of Transportation a National Freight Network Grant Program (in this
section referred to as the ``Program'') to improve the performance of
the national freight network.
(b) Grant Authority.--Under the Program, the Secretary of
Transportation, in accordance with the national freight strategic plan
developed under section 167 of title 23, United States Code, may make a
grant to assist any project that improves the performance of a segment
of the national freight network.
(c) Grant Recipients.--Under the Program, the Secretary may make a
grant to the following:
(1) A State.
(2) A regional or local transportation organization.
(3) A port authority.
(d) Applications.--To be eligible for a grant under the Program, an
entity specified in subsection (c) shall submit to the Secretary an
application regarding a proposed project at such time, in such form,
and containing such information as the Secretary determines is
appropriate.
(e) Selection Criteria.--In making grants under the Program, the
Secretary shall evaluate and select projects on a competitive basis by
considering the potential of the projects to--
(1) generate national economic benefits;
(2) improve the performance of key corridors and gateways;
(3) reduce congestion;
(4) improve transportation safety; and
(5) enhance the national freight network.
(f) Federal Share.--The Federal share of the cost of a project
assisted with a grant under the Program shall be 90 percent.
(g) Authorization of Appropriations.--There is authorized to be
appropriated each fiscal year to carry out the Program the amounts
available in the National Freight Network Trust Fund established under
section 9512 of the Internal Revenue Code of 1986.
(h) National Freight Network Defined.--In this section, the term
``national freight network'' means--
(1) the national freight network established under section
167 of title 23, United States Code;
(2) roads and rail lines that connect such network to a
port;
(3) on-dock rail;
(4) projects that appear in a State freight plan;
(5) projects that appear in a regional transportation plan;
(6) high freight volume roadway or rail corridors that
provide connectivity for--
(A) ports;
(B) intermodal connectors;
(C) multimodal freight facilities;
(D) multistate freight corridors;
(E) international borders; or
(F) airports; and
(7) railway-highway grade separations.
SEC. 4. NATIONAL FREIGHT POLICY.
Section 167(c)(1) of title 23, United States Code, is amended by
inserting ``, and update every 5 years thereafter,'' after ``shall
establish''.
<all>
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E1149-1150)
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Highways and Transit.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line