A bill to provide for the reimbursement of states for advance construction of highways.

Summary

Amends Federal law relating to construction by States in advance of apportionment to authorize the Secretary of Transportation to pay the Federal share of a State's highway construction project costs when a State: (1) has obligated all highway substitute, urban, secondary, or bridge funds apportioned or allocated to it, or has used or demonstrates that it will use the obligation authority allocated to it; and (2) proceeds to construct a highway substitute, urban, secondary, or bridge project without the aid of Federal funds; or (3) proceeds to construct any project on the Federal-aid primary system, including the Interstate System, without the aid of Federal funds. Provides that the Federal share of a State's construction costs on the Interstate System shall include the interest earned and payable on bonds issued by the State to the extent that the bond proceeds have been expended in the construction of such projects on the System. Prohibits the Secretary from approving applications for the Federal share of construction costs if the amount of approved applications in the category of funds involved exceeds certain apportionments for the applicant State.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 6 January 1987

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.