Pub. L. 109-59, tit. I, subtit. A, sec. 1105 (as amended)

REVENUE ALIGNED BUDGET AUTHORITY.

Year: 2022Length: 181 wordsOfficial source
SEC. 1105. REVENUE ALIGNED BUDGET AUTHORITY. * * * * * * * (f) [23 U.S.C. 110 note] Special Rule.—If the amount available pursuant to section 110 of title 23, United States Code, for fiscal year 2007 is greater than zero, the Secretary shall— (1) determine the total amount necessary to increase each State's rate of return (as determined under section 105(b)(1)(A) of title 23, United States Code) to 92 percent, excluding amounts provided under this paragraph; (2) allocate to each State the lesser of— (A) the amount computed for that State under paragraph (1); or (B) an amount determined by multiplying the total amount calculated under section 110 of title 23, United States Code, for fiscal year 2007 by the ratio that— (i) the amount determined for such State under paragraph (1); bears to (ii) the total amount computed for all States in paragraph (1); and (3) allocate amounts remaining in excess of the amounts allocated in paragraph (2) to all States in accordance with section 110 of title 23, United States Code. * * * * * * *
Cross-references to the US Code
23 U.S.C. 110 note
Pub. L. 109-59, tit. I, subtit. A, sec. 1105 (as amended): REVENUE ALIGNED BUDGET AUTHORITY. | Justis AI