H.R. 4058, The Maximizing the Use of Federal Funds for Job Creation Act of 2007

• This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

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H.R. 4058 would grant to a State with an unemployment rate that is equal to or greater than 125 percent of the national unemployment rate authority to transfer funds among programs made available to such State by title 23, United States Code.

Detailed Summary

Maximizing the Use of Federal Funds for Job Creation Act of 2007 - Authorizes a state with an unemployment rate equal to or greater than 125% of the national unemployment rate to transfer, without limitation, any Highway Trust Fund (other than the Mass Transit Account) amounts apportioned to the state to any state apportionments for certain named federal-aid highway programs (except, amounts for highway safety improvement programs).

Status of the Legislation

Latest Major Action: 11/2/2007: Referred to House subcommittee. Status: Referred to the Subcommittee on Highways and Transit.

Points in Favor

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Points Against

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