Pub. L. 110-140, tit. XI, subtit. D, sec. 1132

DISTRIBUTION OF RESCISSIONS.

EnactedYear: 2007Length: 269 wordsOfficial source
SEC. 1132. DISTRIBUTION OF RESCISSIONS.(a) In General.—Any unobligated balances of amounts that are appropriated from the Highway Trust Fund for a fiscal year, and apportioned under chapter 1 of title 23, United States Code, before, on, or after the date of enactment of this Act and that are rescinded in fiscal year 2008 or fiscal year 2009 shall be distributed by the Secretary of Transportation within each State (as defined in section 101 of such title) among all programs for which funds are apportioned under such chapter for such fiscal year, to the extent sufficient funds remain available for obligation, in the ratio that the amount of funds apportioned for each program under such chapter for such fiscal year, bears to the amount of funds apportioned for all such programs under such chapter for such fiscal year.(b) Adjustments.—A State may make adjustments to the distribution of a rescission within the State for a fiscal year under subsection (a) by transferring the amounts to be rescinded among the programs for which funds are apportioned under chapter 1 of title 23, United States Code, for such fiscal year, except that in making such adjustments the State may not rescind from any such program more than 110 percent of the funds to be rescinded from the program for the fiscal year as determined by the Secretary of Transportation under subsection (a).(c) Treatment of Transportation Enhancement Set-Aside and Funds Suballocated to Substate Areas.—Funds set aside under sections 133(d)(2) and 133(d)(3) of title 23, United States Code, shall be treated as being apportioned under chapter 1 of such title for purposes of subsection (a).
Pub. L. 110-140, tit. XI, subtit. D, sec. 1132: DISTRIBUTION OF RESCISSIONS. | Justis AI