[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[S. 206 Introduced in Senate (IS)]

114th CONGRESS
  1st Session
                                 S. 206

    To amend title 23, United States Code, to reauthorize the State 
                      infrastructure bank program.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            January 21, 2015

  Ms. Ayotte introduced the following bill; which was read twice and 
   referred to the Committee on Commerce, Science, and Transportation

_______________________________________________________________________

                                 A BILL


 
    To amend title 23, United States Code, to reauthorize the State 
                      infrastructure bank program.

    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 ``Local Transportation Infrastructure 
Act''.

SEC. 2. LOCAL TRANSPORTATION INFRASTRUCTURE PROGRAM.

    Section 610 of title 23, United States Code, is amended--
            (1) in subsection (d)--
                    (A) in paragraph (1), by striking subparagraph (A) 
                and inserting the following:
                    ``(A) 10 percent of the funds apportioned to the 
                State for each of fiscal years 2015 and 2016 under each 
                of sections 104(b)(1), 104(b)(2), and 144; and'';
                    (B) in paragraph (2), by striking ``2005 through 
                2009'' and inserting ``2015 and 2016'';
                    (C) in paragraph (3), by striking ``2005 through 
                2009'' and inserting ``2015 and 2016''; and
                    (D) in paragraph (5), by striking ``section 
                133(d)(3)'' and inserting ``section 133(d)(4)'';
            (2) in subsection (h)(2)--
                    (A) in the first sentence, by striking ``shall'' 
                and inserting ``shall not''; and
                    (B) in the second sentence, by striking ``shall'' 
                and inserting ``shall not''; and
            (3) in subsection (k), by striking ``2005 through 2009'' 
        and inserting ``2015 and 2016''.
                                 <all>