S. 1474 · 111th Congress
A bill to amend the Internal Revenue code of 1986 to repeal the provision prohibiting the crediting of…
Full title
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.
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
BaucusSponsor3 cosponsors · 3 D
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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…
What it does: CRS summary · Introduced in Senate · Jul 20, 2009
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).
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: 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.
Latest action (Jul 22, 2009): Star Print ordered on the bill.
Policy area: Transportation and Public Works · Origin: Senate · Introduced: Jul 20, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.