| Home > 105th Congressional Bills > S. 266 (is) To establish the Government 2000 Commission to increase the efficiency and effectiveness of the Government, and for other purposes. ...
S. 266 (is) To establish the Government 2000 Commission to increase the efficiency and effectiveness of the Government, and for other purposes. ...
To provide off-budget treatment for the Highway Trust Fund.
IN THE SENATE OF THE UNITED STATES
February 5, 1997
Mr. Reid introduced the following bill; which was read twice and
referred jointly pursuant to the order of August 4, 1977, to the
Committees on the Budget and Governmental Affairs, with instructions
that if one committee reports, the other committee have 30 days to
report or be discharged
To provide off-budget treatment for the Highway Trust Fund.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Highway Trust Fund Protection Act of
SEC. 2. DEFINITIONS.
In this Act, the term ``Highway Trust Fund'' means the Highway
Trust Fund established by section 9503 of the Internal Revenue Code of
SEC. 3. BUDGETARY TREATMENT OF HIGHWAY TRUST FUND.
(a) In General.--The receipts and disbursements of the Highway
(1) shall not be included in the totals of--
(A) the budget of the United States Government as
submitted by the President under section 1105 of title
31, United States Code; or
(B) the congressional budget (including allocations
of budget authority and outlays provided in the
(2) shall not be--
(A) considered to be part of any category (as
defined in section 250(c)(4) of the Balanced Budget and
Emergency Deficit Control Act of 1985 (2 U.S.C.
900(c)(4))) of discretionary appropriations; or
(B) subject to the discretionary spending limits
established under section 251(b) of the Act (2 U.S.C.
(3) shall not be subject to sequestration under section
251(a) of the Act (2 U.S.C. 901(a)); and
(4) shall be exempt from any general budget limitation
imposed by statute on expenditures and net lending (budget
outlays) of the United States Government.
(b) Disbursements Subject to Appropriations.--The disbursements
referred to in subsection (a) shall be subject to appropriations.
SEC. 4. ENFORCEMENT.
An officer or employee of the United States Government who fails to
comply with this Act and the amendments made by this Act shall be
subject to the penalties specified in section 1350 of title 31, United
SEC. 5. APPLICABILITY.
This Act and the amendments made by this Act shall apply to
authorizations and obligations made for fiscal years 1998 and
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