Congress 107 - HR 181 - Truth in Water Transportation Budgeting Act

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Authorization Budget deficits Budget surpluses Congress Congressional budget Congressional reporting requirements Deficit financing Deficit reduction Economics and Public Finance Federal aid to transportation Federal budgets Federal receipts and expenditures Finance and Financial Sector Government spending reductions Government trust funds Harbors Infrastructure Inland water transportation Interest Off-budget expenditures Transportation and Public Works

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Summary

Truth in Water Transportation Budgeting Act - Prohibits the receipts and disbursements of the Inland Waterways Trust Fund and the Harbor Maintenance Trust Fund from being counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of the Federal budget as submitted by the President, the congressional budget, or the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Exempts such trust funds from any general statutory budget outlays limitation.

Requires the Secretary of the Army to estimate annually: (1) what, but for this Act, would be at the close of the next fiscal year the amount of unfunded inland waterways and harbor maintenance authorizations; and (2) the net inland waterways and harbor maintenance receipts at the close of such year.

Actions

Jan 4, 2001

Referred to the Subcommittee on Water Resources and Environment.
Jan 3, 2001

Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 3, 2001

Introduced in House

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