Pub. L. 116-94, div. H, tit. I, sec. 129A (as amended)
Pub. L. 116-94, div. H, tit. I, sec. 129A (as amended)
SEC. 129A. Section 119(e)(5) of title 23, United States Code, is amended to read as follows:
“(5) Requirement for plan.—
“(A) In general.—Notwithstanding section 120, each fiscal year, if the Secretary determines that a State has not developed and implemented a State asset management plan consistent with this section, the Federal share payable on account of any project or activity for which funds are obligated by the State in that fiscal year under this section shall be 65 percent.
“(B) Determination.—The Secretary shall make the determination under subparagraph (A) for a fiscal year not later than the day before the beginning of such fiscal year.”
.