23 USC § 608 - Funding | LII / Legal Information Institute

(a) Funding.—

(1) In general.— There is authorized to be appropriated from the Highway Trust Fund (other than the Mass Transit Account) to carry out this chapter $122,000,000 for each of fiscal years 2005 through 2009.

(2) Availability.— Amounts made available to carry out this chapter shall remain available until expended.

(3) Administrative costs.— From funds made available to carry out this chapter, the Secretary may use, for the administration of this chapter, not more than $2,200,000 for each of fiscal years 2005 through 2009.

(b) Contract Authority.—

(1) In general.— Notwithstanding any other provision of law, approval by the Secretary of a Federal credit instrument that uses funds made available under this chapter shall impose upon the United States a contractual obligation to fund the Federal credit investment.

(2) Availability.— Amounts authorized under this section for a fiscal year shall be available for obligation on October 1 of the fiscal year.

Source

(Added and amended Pub. L. 105–178, title I, § 1503(a), (c),June 9, 1998, 112 Stat. 249, § 188; Pub. L. 105–206, title IX, § 9007(a),July 22, 1998, 112 Stat. 849; Pub. L. 108–88, § 5(a)(10),Sept. 30, 2003, 117 Stat. 1115; Pub. L. 108–202, § 5(a)(10),Feb. 29, 2004, 118 Stat. 481; Pub. L. 108–224, § 4(a)(10),Apr. 30, 2004, 118 Stat. 629; Pub. L. 108–263, § 4(a)(10),June 30, 2004, 118 Stat. 700; Pub. L. 108–280, § 4(a)(10),July 30, 2004, 118 Stat. 879; Pub. L. 108–310, § 5(a)(10),Sept. 30, 2004, 118 Stat. 1149; Pub. L. 109–14, § 4(a)(10),May 31, 2005, 119 Stat. 327; Pub. L. 109–20, § 4(a)(10),July 1, 2005, 119 Stat. 348; Pub. L. 109–35, § 4(a)(10),July 20, 2005, 119 Stat. 381; Pub. L. 109–37, § 4(a)(10),July 22, 2005, 119 Stat. 396; Pub. L. 109–40, § 4(a)(10),July 28, 2005, 119 Stat. 413; renumbered § 608 and amended Pub. L. 109–59, title I, §§ 1601(g), 1602(b)(5), (d),Aug. 10, 2005, 119 Stat. 1242, 1247.)

Amendments

2005—Pub. L. 109–59, § 1602(d), renumbered section 188 of this title as this section.

Pub. L. 109–59, § 1601(g), reenacted section catchline without change and amended text generally, substituting provisions relating to funding for fiscal years 2005 through 2009 and contract authority, consisting of subsecs. (a) and (b), for provisions relating to funding for fiscal years 1999 through 2004 and for the period of Oct. 1, 2004, through July 30, 2005, contract authority, and limitations on credit amounts, consisting of subsecs. (a) to (c).

Subsec. (a)(1). Pub. L. 109–59, § 1602(b)(5), substituted “this chapter” for “this subchapter”.

Subsec. (a)(1)(G). Pub. L. 109–40, § 4(a)(10)(A), added subpar. (G) and struck out former subpar. (G) which read as follows: “$106,849,340 for the period of October 1, 2004, through July 27, 2005.”

Pub. L. 109–37, § 4(a)(10)(A), added subpar. (G) and struck out former subpar. (G) which read as follows: “$105,300,000 for the period of October 1, 2004, through July 21, 2005.”

Pub. L. 109–35, § 4(a)(10)(A), added subpar. (G) and struck out former subpar. (G) which read as follows: “$104,000,000 for the period of October 1, 2004, through July 19, 2005.”

Pub. L. 109–20, § 4(a)(10)(A), added subpar. (G) and struck out former subpar. (G) which read as follows: “$97,500,000 for the period of October 1, 2004, through June 30, 2005.”

Pub. L. 109–14, § 4(a)(10)(A), added subpar. (G) and struck out former subpar. (G) which read as follows: “$86,666,667 for the period of October 1, 2004, through May 31, 2005.”

Subsec. (a)(2). Pub. L. 109–40, § 4(a)(10)(B), substituted “$1,660,000 for the period of October 1, 2004, through July 30, 2005” for “$1,643,836 for the period of October 1, 2004, through July 27, 2005”.

Pub. L. 109–37, § 4(a)(10)(B), substituted “$1,643,836 for the period of October 1, 2004, through July 27, 2005” for “$1,620,000 for the period of October 1, 2004, through July 21, 2005”.

Pub. L. 109–35, § 4(a)(10)(B), substituted “$1,620,000 for the period of October 1, 2004, through July 21, 2005” for “$1,600,000 for the period of October 1, 2004, through July 19, 2005”.

Pub. L. 109–20, § 4(a)(10)(B), substituted “$1,600,000 for the period of October 1, 2004, through July 19, 2005” for “$1,500,000 for the period of October 1, 2004, through June 30, 2005”.

Pub. L. 109–14, § 4(a)(10)(B), substituted “$1,500,000 for the period of October 1, 2004, through June 30, 2005” for “$1,333,333 for the period of October 1, 2004, through May 31, 2005”.

Subsec. (a)(3). Pub. L. 109–59, § 1602(b)(5), substituted “administration of this chapter” for “administration of this subchapter”.

Subsec. (b)(1). Pub. L. 109–59, § 1602(b)(5), substituted “this chapter” for “this subchapter”.

Subsec. (c). Pub. L. 109–40, § 4(a)(10)(C), substituted “$2,158,000,000” for “$2,136,986,800” in item relating to fiscal year 2005 in table.

Pub. L. 109–37, § 4(a)(10)(C), substituted “$2,136,986,800” for “$2,106,000,000” in item relating to fiscal year 2005 in table.

Pub. L. 109–35, § 4(a)(10)(C), substituted “$2,106,000,000” for “$2,080,000,000” in item relating to fiscal year 2005 in table.

Pub. L. 109–20, § 4(a)(10)(C), substituted “$2,080,000,000” for “$1,950,000,000” in item relating to fiscal year 2005 in table.

Pub. L. 109–14, § 4(a)(10)(C), substituted “$1,950,000,000” for “$1,733,333,333” in item relating to fiscal year 2005 in table.

2004—Subsec. (a)(1)(F). Pub. L. 108–280, § 4(a)(10)(A), added subpar. (F) and struck out former subpar. (F) which read as follows: “$116,666,667 for the period of October 1, 2003, through July 31, 2004.”

Pub. L. 108–263, § 4(a)(10)(A), added subpar. (F) and struck out former subpar. (F) which read as follows: “$105,000,000 for the period of October 1, 2003, through June 30, 2004.”

Pub. L. 108–224, § 4(a)(10)(A), added subpar. (F) and struck out former subpar. (F) which read as follows: “$81,666,666 for the period of October 1, 2003, through April 30, 2004.”

Pub. L. 108–202, § 5(a)(10)(A), added subpar. (F) and struck out former subpar. (F) which read as follows: “$58,333,333 for the period of October 1, 2003, through February 29, 2004.”

Subsec. (a)(1)(G). Pub. L. 108–310, § 5(a)(10)(A), added subpar. (G).

Subsec. (a)(2). Pub. L. 108–310, § 5(a)(10)(B), inserted “and $1,333,333 for the period of October 1, 2004, through May 31, 2005” before period at end.

Pub. L. 108–280, § 4(a)(10)(B), struck out “2003 and $1,666,667 for the period of October 1, 2003, through July 31,” before “2004.”

Pub. L. 108–263, § 4(a)(10)(B), substituted “$1,666,667 for the period of October 1, 2003, through July 31, 2004” for “$1,500,000 for the period of October 1, 2003, through June 30, 2004”.

Pub. L. 108–224, § 4(a)(10)(B), substituted “$1,500,000 for the period of October 1, 2003, through June 30, 2004” for “$1,166,667 for the period of October 1, 2003, through April 30, 2004”.

Pub. L. 108–202, § 5(a)(10)(B), substituted “$1,166,667 for the period of October 1, 2003, through April 30, 2004” for “$833,333 for the period of October 1, 2003, through February 29, 2004”.

Subsec. (c). Pub. L. 108–310, § 5(a)(10)(C), substituted “2005” for “2004” in introductory provisions and inserted item in table relating to fiscal year 2005.

Pub. L. 108–280, § 4(a)(10)(C), substituted “$2,600,000,000” for “$2,166,666,667” in item relating to fiscal year 2004 in table.

Pub. L. 108–263, § 4(a)(10)(C), substituted “$2,166,666,667” for “$1,950,000,000” in item relating to fiscal year 2004 in table.

Pub. L. 108–224, § 4(a)(10)(C), substituted “$1,950,000,000” for “$1,516,666,667” in item relating to fiscal year 2004 in table.

Pub. L. 108–202, § 5(a)(10)(C), substituted “$1,516,666,667” for “$1,083,333,333” in item relating to fiscal year 2004 in table.

2003—Subsec. (a)(1)(F). Pub. L. 108–88, § 5(a)(10)(A), added subpar. (F).

Subsec. (a)(2). Pub. L. 108–88, § 5(a)(10)(B), inserted “and $833,333 for the period of October 1, 2003, through February 29, 2004” after “2003”.

Subsec. (c). Pub. L. 108–88, § 5(a)(10)(C), substituted “2004” for “2003” and inserted item in table relating to fiscal year 2004.

1998—Subsec. (a)(2). Pub. L. 105–178, § 1503(c)(1), as added by Pub. L. 105–206, § 9007(a), substituted “1999” for “1998”.

Subsec. (c). Pub. L. 105–178, § 1503(c)(2), as added by Pub. L. 105–206, § 9007(a), substituted “1999” for “1998” in introductory provisions, and substituted table for former table which read as follows:


“Fiscal year:	Maximum amount of credit:

1998	$1,200,000,000
1999	$1,200,000,000
2000	$1,800,000,000
2001	$1,800,000,000
2002	$2,300,000,000
2003	$2,300,000,000.”

Effective Date of 1998 Amendment

Title IX of Pub. L. 105–206effective simultaneously with enactment of Pub. L. 105–178and to be treated as included in Pub. L. 105–178at time of enactment, and provisions of Pub. L. 105–178, as in effect on day before July 22, 1998, that are amended by title IX of Pub. L. 105–206to be treated as not enacted, see section 9016 ofPub. L. 105–206, set out as a note under section 101 of this title.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Wednesday, December 26, 2012

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

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23 USC	Description of Change	Session Year	Public Law	Statutes at Large
§ 608	gen amd	2012	112-141 [Sec.] 2002	126 Stat. 620

23 USC § 608 - Funding

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