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H.R. 5101 · 113th Congress

National Freight Network Trust Fund Act of 2014

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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

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.

What it does: CRS summary · Introduced in House · Jul 14, 2014

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:

  • generate national economic benefits,
  • improve the performance of key corridors and gateways,
  • reduce congestion,
  • improve transportation safety, and
  • enhance the network.

Requires the Secretary to update the national freight network every five years.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: National Freight Network Trust Fund Act of 2014

Latest action (Jul 15, 2014): Referred to the Subcommittee on Highways and Transit.

Policy area: Transportation and Public Works · Origin: House · Introduced: Jul 14, 2014

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.