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Code · STATUTE-COMPILATIONS · Surface Transportation Extension Act of 1997 · Sec. 4

Sec. 4. ADMINISTRATIVE EXPENSES

247 words·~1 min read·/statute-compilations/comps-1429/sec-4

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## SEC. 4 ADMINISTRATIVE EXPENSES ###
(a)Expenses of Federal Highway Administration ####
(1)Authority to borrow #####
(A)From unobligated funds available for discretionary allocations If unobligated balances of funds deducted by the Secretary under section 104(a) of title 23, United States Code, for administrative and research expenses of the Federal-aid highway program are insufficient to pay those expenses for fiscal year 1998, the Secretary may borrow to pay those expenses not to exceed $60,000,000 from unobligated funds available to the Secretary for discretionary allocations. #####
(B)Requirement to reimburse Funds borrowed under subparagraph
(A)shall be reimbursed from amounts made available to the Secretary under section 104(a) of title 23, United States Code, as soon as practicable after the date of enactment of a law reauthorizing the Federal-aid highway program enacted after the date of enactment of this Act. ####
(2)Authorization of contract authority #####
(A)In general In addition to funds made available under paragraph (1), there shall be available from the Highway Trust Fund (other than the Mass Transit Account) for administrative and research expenses of the Federal-aid highway program $158,500,000 for fiscal year 1998. #####
(B)Contract authority Funds authorized under this paragraph shall be available for obligation in the same manner as if the funds were apportioned under chapter 1 of title 23, United States Code, and shall be subject to any limitation on obligations for Federal-aid highways and highway safety construction programs. * * * * * * *
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