Public Law 111-46
1ST SESSION
An Act
To restore sums to the Highway Trust Fund and for other purposes.
- Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
Section 1. Funding of the Highway Trust Fund.[edit]
- Subsection (f) of section 9503 of the Internal Revenue Code of 1986 (relating to determination of trust fund balances after September 30, 1998) is amended.—
- (1) by striking paragraph (2); and
- (2) by adding at the end the following new paragraph:
- ``(2) INCREASE IN FUND BALANCE.— Out of money in the Treasury not otherwise appropriated, there is hereby appropriated (without fiscal year limitation) to the Highway Trust Fund $7,000,000,000.´´.
Sec. 2. Advances to the Unemployment Trust Fund and Other Funds.[edit]
- The item relating to ``Department of Labor—Employment and Training Administration—Advances to the Unemployment Trust Fund and Other Funds´´ in title I of division F of the Omnibus Appropriations Act, 2009 (Public Law 111-8; 123 Stat. 754) is amended by striking ``to remain available through September 30, 2010´´ and all that follows (before the heading for the following item) and inserting ``such sums as may be necessary´´.
Sec. 3. FHA Mortgage Insurance Commitment Authority.[edit]
- The item relating to ``Federal Housing Administration—Mutual Mortgage Insurance Program Account´´ in title II of division I of the Omnibus Appropriations Act, 2009 (Public Law 111-8; 123 Stat. 966) is amended by striking `$315,000,000,000' and inserting ``$400,000,000,000´´.
Sec. 4. GNMA Mortgage-Backed Securities Guarantee Commitment Authority.[edit]
- The item relating to ``Government National Mortgage Association—Guarantees of Mortgage-Backed Securities Loan Guarantee Program Account´´ in title II of division I of the Omnibus Appropriations Act, 2009 (Public Law 111-8; 123 Stat. 967) is amended by striking `$300,000,000,000' and inserting ``$400,000,000,000´´.
Approved August 7, 2009.
Legislative History[edit]
- CONGRESSIONAL RECORD, Vol. 155 (2009):
- July 29, considered and passed House.
- July 30, considered and passed Senate.
- CONGRESSIONAL RECORD, Vol. 155 (2009):
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