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- S.1474
S.1474: 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 fo
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about transportation and public works
- Introduced July 20, 2009
- Latest Major Action July 22, 2009
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill Summary
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).
(Source: Library of Congress)
Congressional Budget Office Estimate
Bill Actions
| Date | Description |
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Read twice and referred to the Committee on Finance.
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Star Print ordered on the bill.
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| July 20, 2009 |
Introduced in the Senate by Max Baucus (D-Mont.) |