Sec. 1509. TRANSFERABILITY OF FEDERAL-AID HIGHWAY FUNDS

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## SEC. 1509 TRANSFERABILITY OF FEDERAL-AID HIGHWAY FUNDS ###

(a)In General Section 126 of title 23, United States Code, is amended to read as follows: > > ## “SEC. 126 Transferability of Federal-aid highway funds > > > ### “(a) In General > > Notwithstanding any other provision of law, subject to subsection (b), a State may transfer from an apportionment under section 104(b) not to exceed 50 percent of the amount apportioned for the fiscal year to any other apportionment of the State under that section. > > > ### “(b) Application to Certain Set-asides > > > #### “(1) In general > > Funds that are subject to sections 104(d) and 133(d) shall not be transferred under this section. > > > #### “(2) Funds transferred by states > > Funds transferred by a State under this section of the funding reserved for the State under section 213 for a fiscal year may only come from the portion of those funds that are available for obligation in any area of the State under section 213(c)(1)(B).” > . ###

(b)Conforming Amendment The analysis for chapter 1 of title 23, United States Code, is amended by striking the item relating to section 126 and inserting the following:“126. Transferability of Federal-aid highway funds.”.