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Title II — Transportation block grants

H.R. 880 · 116th Congress · Jan 30, 2019 · Lineage

II Transportation block grants

Sec. 201 Use of revenue for transportation block grants

(a)
In general— Subchapter A of chapter 98 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section:

“9512. Transportation Block Grant Fund

“(a) Establishment—There is established in the Treasury a fund to be known as the “Transportation Block Grant Fund” consisting of such amounts as may be appropriated or credited to the fund as provided in this section or section 9602(b).

“(b) Transfer to fund—There is hereby appropriated to the fund such amounts as the Secretary estimates are equivalent to the increase in revenue received in the Treasury by reason of the enactment of title I of the Surface Transportation Investment Act of 2019, and the amendments made thereby.

“(c) Expenditures from the fund—Amounts in the fund shall be available for making grants under the surface transportation block grant program established under section 133 of title 23, United States Code.”

(b)
Clerical amendment— The table of sections for subchapter A of chapter 98 of such Code is amended by adding at the end the following new item: