HR 3357 · 111th Congress · Economics and Public Finance
To restore sums to the Highway Trust Fund, and for other purposes.
Bill Progress
1
Introduced2
Committee✓
House Vote✓
Senate✓
EnactedLatest: Became Public Law No: 111-46.(2009-08-07)
Recorded Votes
PassedSenate · 2009-07-30
Roll #254 ↗Yea 79Nay 17
PassedSenate · 2009-07-30
Roll #254 ↗Yea 79Nay 17
PassedSenate · 2009-07-30
Roll #253 ↗Yea 71Nay 26
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Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Internal Revenue Code with respect to determination of the balances of the Highway Trust Fund September 30, 1998. Replaces the $8.017 billion Restoration of Fund balance appropriation with a $5 billion Increase in Fund balance appropriation (without fiscal year limitation). Amends the Omnibus Appropriations Act, 2009 with respect to advances to the Unemployment Trust Fund and to the Black Lung Disability Trust Fund under the Employment and Training Administration (ETA) of the Department of Labor. Removes the FY2010 limitation on the appropriation as well as the specific dollar amount for such advances, replacing them with such appropriations as may be necessary. Increases from $315 billion to $400 billion the maximum loan principal for FY2009 commitments to guarantee single family loans insured under the Mutual Mortgage Insurance Fund (MMIF) of the Federal Housing Administration (FHA). Increases from $300 billion to $400 billion the limit on new Government National Mortgage Association (GNMA or Ginnie Mae) commitments to issue guarantees under the Mortgage-Backed Securities Loan Guarantee Program.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 3357, An act to restore sums to the Highway Trust Fund and for other purposes
Aug 21, 2009<p>Cost estimate for the bill as cleared by the Congress on July 30, 2009, and signed by the President on August 7, 2009</p>
Full CBO report ↗H.R. 3357, An act to restore sums to the Highway Trust Fund and for other purposes
Aug 21, 2009Cost estimate for the bill as cleared by the Congress on July 30, 2009, and signed by the President on August 7, 2009
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office