[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4629 Introduced in House (IH)]







106th CONGRESS
  2d Session
                                H. R. 4629

 To amend title 23, United States Code, to require States to providing 
Federal highway funds for projects in high priority corridors, and for 
                            other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              June 9, 2000

Mr. Hutchinson introduced the following bill; which was referred to the 
             Committee on Transportation and Infrastructure

_______________________________________________________________________

                                 A BILL


 
 To amend title 23, United States Code, to require States to providing 
Federal highway funds for projects in high priority corridors, and for 
                            other purposes.

    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 ``Priority Corridor Equity Act of 
2000''.

SEC. 2. REVENUE ALIGNED BUDGET AUTHORITY.

    Subsection (c) of section 110 of title 23, United States Code, 
relating to revenue aligned budget authority, is amended--
            (1) by striking ``Of the funds'' and inserting the 
        following:
            ``(1) In general.--Of the funds'';
            (2) by adding at the end the following:
            ``(2) Special rule.--Notwithstanding paragraph (1), if, in 
        a fiscal year beginning after September 30, 1999, a State has 
        within its boundaries 1 or more high priority corridors 
        identified in section 1105(c) of the Intermodal Surface 
        Transportation Efficiency Act of 1991 and the State does not 
        obligate on projects described in section 103(b)(6)(A) an 
        aggregate amount that equals or exceeds the lesser of 1 percent 
        of the aggregate amount of funds apportioned to the State under 
        this chapter or the total amount necessary to complete 
        construction of any incomplete projects described in section 
        103(b)(6)(A) in such corridors, the State may only obligate 
        funds allocated to the State under subsection (b)(4) for the 
        succeeding fiscal year on projects described in section 
        103(b)(6)(A) in such corridors.''; and
            (3) by aligning the remainder of paragraph (1) (as 
        designated by paragraph (1) of this section) with paragraph (2) 
        of such subsection (as added by paragraph (2) of this section).
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