Code · BILL · 113th Congress · S. 1702 (Introduced in Senate) — To empower States with authority for most taxing and spending for highway programs and mass transit programs, and for... · Sec. 3

Sec. 3. Funding limitation

113 words·~1 min read·/bill/113/s/1702/is/section-3

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Notwithstanding any other provision of law, if the Secretary of Transportation determines for any of fiscal years 2015 through 2019 that the aggregate amount required to carry out transportation programs and projects under this Act and amendments made by this Act exceeds the estimated aggregate amount in the Highway Trust Fund available for those programs and projects for the fiscal year, each amount made available for that program or project shall be reduced by the pro rata percentage required to reduce the aggregate amount required to carry out those programs and projects to an amount equal to that available for those programs and projects in the Highway Trust Fund for the fiscal year.