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H.R. 6534, The Resist Offsetting with Additional Debt Act

  • This item is from the 110th Congress (2007-2008) and is no longer current.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.

Comparing revision saved on July 29, 2008, 19:30:49 (webmaster), with revision saved on October 9, 2008, 19:33:07 (webmaster):

H.R. 6534 would rescind certain earmark projects under SAFETEA-LU for the purpose of eliminating the shortfall in the Highway Trust Fund.

== Detailed Summary ==

<summary>
(Log inResist Offsetting with Additional Debt Act or the ROAD Act - Rescinds unobligated balances of certain earmarked surface transportation projects under the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU) and certain other appropriations Acts (in order to editeliminate the wikideficit in the Highway Trust Fund (HTF)).

Prohibits: (1) recalculation of amounts allocated for surface transportation projects under the Equity bonus program for a fiscal year to take such rescissions into account;
and be(2) the firsttransfer of funds from the General Fund of the Treasury in order to provide a detailed summaryalleviate the deficit in the HTF (except amounts equivalent to certain taxes and penalties).

Expresses the sense
of Congress that state transportation departments should consider implementing certain projects under the highway bridge program and the bill!)surface transportation program that improve transportation safety.
</summary>

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== Status of the Legislation ==

<status>
Latest Major Action: 7/18/2008: Referred to House subcommittee. Status: Referred to the Subcommittee on Highways and Transit.
</status>

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== Points in Favor ==

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== Points Against ==

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