3.0.0 4945 2023-01-11T13:26:13Z 2023-01-11T13:26:13Z House H HR 2014-06-24 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BENTIVOLIO:H.R. 4945.Congress has the power to enact this legislation pursuantto the following:The Congress shall have Power To lay and collect Taxes,Duties, Imposts and Excises, to pay the Debts and provide forthe common Defence and general Welfare of the United States.. . .ARTICLE I, SECTION 8, CLAUSE 1[Page H5724]]]> hspw00 Transportation and Infrastructure Committee House Standing hspw12 Highways and Transit Subcommittee Referred to 2014-06-25T20:48:14Z Referred to 2014-06-24T14:02:00Z hsap00 Appropriations Committee House Standing Referred to 2014-06-24T14:01:50Z hswm00 Ways and Means Committee House Standing Referred to 2014-06-24T14:01:45Z 2014-06-25 hspw12 Highways and Transit Subcommittee 1 House committee actions Referred to the Subcommittee on Highways and Transit. Committee 2014-06-24 Referred to the Committee on Ways and Means, and in addition to the Committees on Appropriations, and 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. IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2014-06-24 Referred to the Committee on Ways and Means, and in addition to the Committees on Appropriations, and 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. IntroReferral H11100 2 House floor actions hsap00 Appropriations Committee 2014-06-24 Referred to the Committee on Ways and Means, and in addition to the Committees on Appropriations, and 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2014-06-24 Introduced in House IntroReferral Intro-H 9 Library of Congress 2014-06-24 Introduced in House IntroReferral 1000 9 Library of Congress B001280 Rep. Bentivolio, Kerry L. [R-MI-11] Kerry Bentivolio R MI L. 11 N Transportation and Public Works Appropriations Government trust funds Income tax exclusion Infrastructure development Interest, dividends, interest rates Securities State and local taxation Transportation programs funding Transportation and Public Works 00 2014-06-24 Introduced in House 2014-08-27T14:04:01Z Repairing Our Aging Roads Act - Authorizes the Secretary of Transportation (DOT) to issue Transportation Bonds in the aggregate of up to $2 billion to each state for transportation infrastructure projects.

Establishes in the Treasury 50 separate State Transportation Trust Funds consisting of amounts derived from the sale and issuance of Transportation Bonds to construct or improve state transportation infrastructure.

Requires an offsetting reduction, equal to the dollar amount of bonds issued, in any discretionary account in any appropriation Act.

]]> Repairing Our Aging Roads Act Display Title Repairing Our Aging Roads Act Official Title as Introduced To authorize the Secretary of the Treasury to issue Transportation Bonds to fund transportation projects in each State, and for other purposes. Introduced in House IH Short Titles as Introduced Repairing Our Aging Roads Act Introduced in House 2014-06-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4945ih/xml/BILLS-113hr4945ih.xml 2014-06-25 Referred to the Subcommittee on Highways and Transit. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.