Balance the Highway Trust Fund Act limits spending from the Highway Trust Fund.
The Balance the Highway Trust Fund Act limits spending from the Highway Trust Fund. It establishes an obligation limitation for Federal-aid highway and highway safety construction programs, ensuring that obligations do not exceed net highway receipts estimated by the Secretary of the Treasury. The Act also imposes an obligation limitation on the Mass Transit Account, ensuring that obligations do not exceed net mass transit receipts. The Secretary of Transportation is required to redistribute unused obligation authority after August 1 of each fiscal year.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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