H. R. 6447
IN THE HOUSE OF REPRESENTATIVES
July 9, 2008
Mrs. Boyda of Kansas (for herself and Mr. Moran of Kansas) introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to restore the Highway Trust Fund balance.
Restoration of Highway Trust Fund balance
Subsection (f) of section 9503 of the Internal Revenue Code of 1986 (relating to determination of trust fund balances after September 30, 1998) is amended—
by redesignating paragraphs (1) and (2) as subparagraphs (A) and (B), respectively, and by moving such subparagraphs 2 ems to the right,
For purposes and inserting the following:
by moving the flush sentence at the end of paragraph (1), as so amended, 2 ems to the right, and
by adding at the end the following new paragraph:
Restoration of fund balance
Out of money in the Treasury not otherwise appropriated, there is hereby appropriated to the Highway Trust Fund $8,000,000,000.
The last sentence of section 9503(f)(1) of the Internal
Revenue Code of 1986, as amended by subsection (a), is amended by striking
subsection and inserting
The amendments made by this section shall take effect on October 1, 2008.