Truth in Transportation Trust Funds Act

Summary

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.

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2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 9 March 1989

  Open at official source

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