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H.R. 205 Infrastructure Protection Act of 1997
FILE h205.ih
HR 205 IH
105th CONGRESS
1st Session
To provide that receipts and disbursements of the Highway Trust
Fund, the Airport and Airway Trust Fund, the Inland Waterways Trust
Fund, and the Harbor Maintenance Trust Fund shall not be included
in the totals of the budget of the United States Government as
submitted by the President or the congressional budget.
IN THE HOUSE OF REPRESENTATIVES
January 7, 1997
Mr. KIM introduced the following bill; which was referred to the
Committee on the Budget, and in addition to the Committee on
Transportation and Infrastructure, for a period to be
subsequently determined by the Speaker, in each case for
consideration of such provisions as fall within the
jurisdiction of the committee concerned
A BILL
To provide that receipts and disbursements of the Highway Trust
Fund, the Airport and Airway Trust Fund, the Inland Waterways Trust
Fund, and the Harbor Maintenance Trust Fund shall not be included
in the totals of the budget of the United States Government as
submitted by the President or the congressional budget.
Be it enacted by the Senate and House of
Representatives of the United States of America in Congress
assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Infrastructure Protection Act of
1997'.
SEC. 2. BUDGETARY TREATMENT OF TRUST FUND OPERATIONS.
(a) IN GENERAL- The receipts and disbursements of the Highway
Trust Fund, the Airport and Airway Trust Fund, the Inland Waterways
Trust Fund, and the Harbor Maintenance Trust Fund allocable to the
transportation-related operations of each such Trust Fund--
(1) shall not be included in the totals of--
(A) the budget of the United States Government as
submitted by the President, or
(B) the congressional budget, and
(2) shall be exempt from any general budget limitation
imposed by statute on expenditures and net lending (budget
outlays) of the United States Government.
(b) TRANSPORTATION-RELATED OPERATIONS- For purposes of subsection
(a), the transportation-related operations--
(1) of the Highway Trust Fund are the disbursements, and the
receipts allocable to such disbursements, under--
(A) paragraph (1) of section 9503(c) of the Internal
Revenue Code of 1986 (relating to expenditures from the
Highway Trust Fund for the Federal-aid highway program), and
(B) paragraph (3) of section 9503(e) of such Code
(relating to expenditures from the Mass Transit Account);
(2) of the Airport and Airway Trust Fund are the
disbursements, and the receipts allocable to such
disbursements, under paragraph (1) of section 9502(d) of the
Internal Revenue Code of 1986 (relating to expenditures from
the Airport and Airway Trust Fund for the airport and airway
program);
(3) of the Inland Waterways Trust Fund are the disbursements,
and the receipts allocable to such disbursements, under section
9506(c) of the Internal Revenue Code of 1986 (relating to the
expenditures from the Inland Waterways Trust Fund for
navigation construction and rehabilitation projects on inland
waterways); and
(4) of the Harbor Maintenance Trust Fund are the
disbursements, and the receipts allocable to such
disbursements, under section 9505(c) of the Internal Revenue
Code of 1986 (relating to the expenditures from the Harbor
Maintenance Trust Fund for operation and maintenance of those
portions of the Saint Lawrence Seaway operated and maintained
by the Saint Lawrence Seaway Development Corporation and
harbors and inland harbors within the United States).
(c) EFFECTIVE DATE- This section shall apply to fiscal years
beginning after September 30, 1997.
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