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S.911: Emergency Transportation Safety Fund Act

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about taxation
You can read the bill
Sponsor Rand Paul, R-Ky.
Total Cosponsors 0
Introduced May 9, 2013
Latest Major Action May 9, 2013
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Bill Progress

  • Bill introduced in the Senate   
  • Bill passed in the Senate   
  • Bill passed in the House   
  • Bill signed into law

Bill Summary

Emergency Transportation Safety Fund Act - Amends the Internal Revenue Code to reduce the tax rate on current and accumulated foreign earnings of U.S. corporations reinvested in the United States and make such lower rate permanent.

Establishes the Emergency Transportation Safety Fund and makes appropriations to it.

Directs the Secretary of Transportation (DOT) to compile a prioritized list of emergency transportation projects, which will guide the allocation of Fund amounts to the states.

(Source: Congressional Research Service)

Bill Actions

Date Description
May 9, 2013 Read twice and referred to the Committee on Finance.