[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6447 Introduced in House (IH)]







110th CONGRESS
  2d Session
                                H. R. 6447

To amend the Internal Revenue Code of 1986 to restore the Highway Trust 
                             Fund balance.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              July 9, 2008

 Mrs. Boyda of Kansas (for herself and Mr. Moran of Kansas) introduced 
  the following bill; which was referred to the Committee on Ways and 
                                 Means

_______________________________________________________________________

                                 A BILL


 
To amend the Internal Revenue Code of 1986 to restore the Highway Trust 
                             Fund balance.

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

SECTION 1. RESTORATION OF HIGHWAY TRUST FUND BALANCE.

    (a) In General.--Subsection (f) of section 9503 of the Internal 
Revenue Code of 1986 (relating to determination of trust fund balances 
after September 30, 1998) is amended--
            (1) by redesignating paragraphs (1) and (2) as 
        subparagraphs (A) and (B), respectively, and by moving such 
        subparagraphs 2 ems to the right,
            (2) by striking ``For purposes'' and inserting the 
        following:
            ``(1) In general.--For purposes'',
            (3) by moving the flush sentence at the end of paragraph 
        (1), as so amended, 2 ems to the right, and
            (4) by adding at the end the following new paragraph:
            ``(2) Restoration of fund balance.--Out of money in the 
        Treasury not otherwise appropriated, there is hereby 
        appropriated to the Highway Trust Fund $8,000,000,000.''.
    (b) Conforming Amendment.--The last sentence of section 9503(f)(1) 
of the Internal Revenue Code of 1986, as amended by subsection (a), is 
amended by striking ``subsection'' and inserting ``paragraph''.
    (c) Effective Date.--The amendments made by this section shall take 
effect on October 1, 2008.
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