Sec. 2103. REDISTRIBUTION OF PRIOR TIFIA FUNDING
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## SEC. 2103 REDISTRIBUTION OF PRIOR TIFIA FUNDING ###
(a)In General Notwithstanding any other provision of law, the Secretary shall distribute the amount of contract authority described in subsection (b)(1) to States in accordance with this section. ###
(b)Funding ####
(1)Amount described Subject to paragraph (2), the amount of contract authority referred to in subsection
(a)is $1,800,000,000, which shall be derived from the unobligated amounts of contract authority made available for credit assistance under— #####
(A)the transportation infrastructure finance and innovation program under subchapter II of chapter 1 of title 23, United States Code (as in effect before the date of enactment of SAFETEA-LU (Public Law 109-59; 119 Stat. 1144)); and #####
(B)the TIFIA program. ####
(2)Treatment The amount distributed under subsection
(a)shall— #####
(A)be subject to the obligation limitation for Federal-aid highway and highway safety construction programs; #####
(B)remain available until September 30, 2028; and #####
(C)be in addition to any other funding apportioned to States under section 104(b) of title 23, United States Code. ###
(c)Distribution The amount distributed under subsection
(a)shall be distributed so that each State receives an amount equal to the proportion that— ####
(1)the amount apportioned to the State for fiscal year 2025 under subsection
(b)of section 104 of title 23, United States Code; bears to ####
(2)the total amount apportioned to all States for fiscal year 2025 under that subsection. ###
(d)Requirements Amounts distributed to States under subsection
(a)shall be— ####
(1)except as otherwise provided in this section, administered as if apportioned under chapter 1 of title 23, United States Code; ####
(2)available for any purpose described in section 133(b) of such title; ####
(3)subject to the set aside under section 133(h) of such title; ####
(4)suballocated in the same manner described in section 133(d) of such title; and ####
(5)subject to the requirements of section 11101(e) of the Infrastructure Investment and Jobs Act (23 U.S.C. 101 note; Public Law 117-58). ###
(e)Effective Date This section shall take effect as if enacted on October 1, 2024.
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- Pub. L. 109-59
- 119 Stat. 1144
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Sec. 2103
REDISTRIBUTION OF PRIOR TIFIA FUNDING
Pub. L.Pub. L. 109-59
Stat.119 Stat. 1144
Cites 4Cited by 0 across 0 sources