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Code · STATUTE-COMPILATIONS · Surface Transportation Extension Act of 2010 · Sec. 413

Sec. 413. RESCISSION OF UNOBLIGATED BALANCES

276 words·~1 min read·/statute-compilations/comps-9417/sec-413

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## SEC. 413 RESCISSION OF UNOBLIGATED BALANCES ###
(a)In General The Secretary of Transportation shall restore funds rescinded pursuant to section 10212 of the SAFETEA-LU (Public Law 109-59; 119 Stat. 1937) to the States and to the programs from which the funds were rescinded. ###
(b)Administration of Funds The restored amounts shall be administered in the same manner as the funds originally rescinded, except those funds may only be used with an obligation limitation provided in an Act making appropriations for Federal-aid highways and highway safety construction programs enacted after implementation of the rescission under section 10212 of the SAFETEA-LU (Public Law 109-59; 119 Stat. 1937). ###
(c)Funding ####
(1)In general There is authorized to be appropriated from the Highway Trust Fund (other than the Mass Transit Account) for fiscal year 2010 to carry out this section an amount equal to the amount of funds rescinded under section 10212 of the SAFETEA-LU (Public Law 109-59; 119 Stat. 1937). ####
(2)Availability for obligation Funds authorized to be appropriated by this section shall be— #####
(A)made available under this section and available for obligation in the same manner as if the funds were apportioned under chapter 1 of title 23, United States Code, except that the funds shall retain the characteristics of the funds originally rescinded; and #####
(B)subject to a limitation on obligations for Federal-aid highways and highway safety construction programs included in an Act making appropriations for fiscal year 2010 or a portion of the fiscal year. ###
(d)Limitation No funds authorized to be restored under this section shall be restored after the end of fiscal year 2010.
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  • Pub. L. 109-59
  • 119 Stat. 1937
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Sec. 413
RESCISSION OF UNOBLIGATED BALANCES
Pub. L.Pub. L. 109-59
Stat.119 Stat. 1937
Cites 2Cited by 0 across 0 sources
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