I 111th CONGRESS 1st Session H. R. 3357 IN THE HOUSE OF REPRESENTATIVES July 28, 2009 Mr. Rangel (for himself, Mr. Obey, and Mr. Oberstar) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To restore sums to the Highway Trust Fund, and for other purposes.

1.

Funding of the Highway Trust Fund

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 striking paragraph (2), and (2)by adding at the end the following new paragraph: (2)

Increase in fund balance

Out of money in the Treasury not otherwise appropriated, there is hereby appropriated (without fiscal year limitation) to the Highway Trust Fund $5,000,000,000. .

2.

Advances to the unemployment trust fund and other funds

The item relating to Department of Labor—Employment and Training Administration—Advances to the Unemployment Trust Fund and Other Funds in title I of division F of the Omnibus Appropriations Act, 2009 (Public Law 111–8; 123 Stat. 754) is amended by striking to remain available through September 30, 2010 and all that follows (before the heading for the following item) and inserting such sums as may be necessary.

3.

FHA mortgage insurance commitment authority

The item relating to Federal Housing Administration—Mutual Mortgage Insurance Program Account in title II of division I of the Omnibus Appropriations Act, 2009 (Public Law 111–8; 123 Stat. 966) is amended by striking $315,000,000,000 and inserting $400,000,000,000.

4.

GNMA mortgage-backed securities guarantee commitment authority

The item relating to Government National Mortgage Association—Guarantees of Mortgage-Backed Securities Loan Guarantee Program Account in title II of division I of the Omnibus Appropriations Act, 2009 (Public Law 111–8; 123 Stat. 967) is amended by striking $300,000,000,000 and inserting $400,000,000,000.