federal-aid highways (trust fund)

federal-aid highways (trust fund) For carrying out the provisions of the Federal-Aid Road Act of July 11, 1916, as amended and supplemented, which are attributable to Federal-aid highways, to remain available until expended, not more than $2,350,000,000, to be derived from the “Highway trust fund”; which sum is composed of $327,500,000, the balance of the amount authorized for the fiscal year 1957, and $2,014,500,000, a part of the amount authorized to be appropriated for the fiscal year 1958, and $51,055.41 and $7,483,952.74, the latter sums being for reimbursement of the sums expended for the repair or reconstruction of highways and bridges which have been damaged or destroyed by floods, hurri-72 Stat. 233canes, or landslides, as provided by section 9 of the Act approved September 7, 1950, as amended (23 U. S. C. 13a and 13b), and section 7 of the Act approved June 25, 1952, as amended, and $464,991.85 for reimbursement of the sums expended for the design and construction of highway bridges upon and across dams in accordance with the Act of July 29, 1946 (60 Stat. 709): Provided, That not to exceed $600,000 of the amount made available herein may be used for the purchase, construction, or alteration of buildings and sites necessary for road construction and maintenance activities in Alaska.