[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1110 Introduced in House (IH)]






109th CONGRESS
  1st Session
                                H. R. 1110

  To amend title 23, United States Code, relating to the toll credit 
 toward the non-Federal share payable for certain highway and transit 
                               projects.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 3, 2005

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

_______________________________________________________________________

                                 A BILL


 
  To amend title 23, United States Code, relating to the toll credit 
 toward the non-Federal share payable for certain highway and transit 
                               projects.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. TOLL CREDITS.

    Section 120(j)(1) of title 23, United States Code, is amended--
            (1) by striking ``A State'' and inserting the following:
                    ``(A) In general.--A State''; and
            (2) by striking the last sentence and inserting the 
        following:
                    ``(B) Special rule for use of federal funds.--If 
                the public, quasi-public, or private agency has built, 
                improved, or maintained the facility using Federal 
                funds, the credit under this paragraph shall be reduced 
                by a percentage equal to the percentage of the total 
                cost of building, improving, or maintaining the 
                facility that was derived from Federal funds.
                    ``(C) Federal funds defined.-- In this paragraph, 
                the term `Federal funds' does not include loans of 
                Federal funds or other financial assistance that must 
                be repaid to the Government.''.
                                 <all>