HR 1352 · 101th Congress · Economics and Public Finance
Truth in Transportation Trust Funds Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on the Legislative Process.(1989-05-05)
Plain Language Summary
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Truth in Transportation Trust Funds Act - Excludes the receipts and disbursements allocable to the transportation-related operations of the Highway Trust Fund, the Airport and Airway Trust Fund, and the Inland Waterways Trust Fund from totals of the Federal budget as submitted by the President and from the congressional budget. Exempts the same amounts from any general statutory budget limitation on Government outlays. Amends the Congressional Budget and Impoundment Control Act of 1974 to: (1) include these same amounts in fiscal year total revenues and outlays for deficit calculation purposes; and (2) adjust the maximum deficit amount to reflect this new treatment of the affected trust funds. Makes it out of order in both the Senate and the House of Representatives, in the context of the congressional budget process, to consider changes or recommendations with respect to these trust funds.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
2 Democrats18 Republicans