[110th Congress Public Law 318]
[From the U.S. Government Printing Office]
[DOCID: f:publ318.110]
[[Page 122 STAT. 3532]]
An Act
To amend the Internal Revenue Code of 1986 to restore the Highway Trust
Fund balance. <<NOTE: Sept. 15, 2008 - [H.R. 6532]>>
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 <<NOTE: 26 USC 9503.>> (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) <<NOTE: Appropriation authorization.>> Restoration of
fund balance.--Out of money in the Treasury not otherwise
appropriated, there is hereby appropriated to the Highway Trust
Fund $8,017,000,000.''.
(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) <<NOTE: 26 USC 9503 note.>> Effective Date.--The amendments made
by this section shall take effect on the date of the enactment of this
Act.
Approved September 15, 2008.
LEGISLATIVE HISTORY--H.R. 6532:
---------------------------------------------------------------------------
CONGRESSIONAL RECORD, Vol. 154 (2008):
July 23, considered and passed House.
Sept. 10, considered and passed Senate, amended.
Sept. 11, House concurred in Senate amendment.
<all>