S. 2823 · 110th Congress
Transportation Empowerment Act
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
DeMintSponsorNo cosponsors.
Transportation Empowerment Act - Authorizes appropriations out of the Highway Trust Fund (HTF) for the interstate maintenance program, emergency relief, the interstate bridge program, the federal lands highways program, highway safety programs, surface transportation research, and certain administrative expenses.
What it does: CRS summary · Introduced in Senate · Apr 7, 2008
Transportation Empowerment Act - Authorizes appropriations out of the Highway Trust Fund (HTF) for the interstate maintenance program, emergency relief, the interstate bridge program, the federal lands highways program, highway safety programs, surface transportation research, and certain administrative expenses. Authorizes a state, upon determining that excess funds have been made available, to transfer the excess funds to, and use them for, any surface transportation purpose (including mass transit and rail) in the state. Revises requirements regarding state apportionments under the interstate maintenance component for resurfacing, restoring, rehabilitating, and reconstructing the Interstate System.
Prohibits any restriction on the ability of a state, as part of any highway improvement project, to impose and collect a toll on any highway that is part of the Interstate System. Allows a state to use revenue collected from such toll only for a new highway infrastructure project in the state.
Amends the Internal Revenue Code (IRC) to: (1) extend, for five years, the availability of HTF funds for certain authorized expenditures; (2) set a core programs financing rate for gasoline, special motor fuels, kerosene, and diesel fuel; (3) establish in the HTF an Infrastructure Special Assistance Fund; and (4) provide for the return of excess tax receipts to states for transportation purposes.
Grants consent to states to enter into interstate compacts to establish infrastructure banks to invest in the construction of surface transportation projects.
Amends the IRC to reduce taxes on gasoline, diesel fuel, kerosene, and special fuels funding the HTF.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Transportation Empowerment Act
Latest action (Apr 7, 2008): Read twice and referred to the Committee on Finance.
Policy area: Transportation and Public Works · Origin: Senate · Introduced: Apr 7, 2008
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.