Public Law 110-318

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[110th Congress Public Law 318]
[From the U.S. Government Publishing Office]


[DOCID: f:publ318.110]

[[Page 122 STAT. 3532]]

                                 An Act


 
To amend the Internal Revenue Code of 1986 to restore the Highway Trust 
         Fund balance. <<NOTE: Sept. 15, 2008 -  [H.R. 6532]>> 

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,
SECTION 1. RESTORATION OF HIGHWAY TRUST FUND BALANCE.

    (a) In General.--Subsection (f) of section 9503 of the Internal 
Revenue Code of 1986 <<NOTE: 26 USC 9503.>> (relating to determination 
of trust fund balances after September 30, 1998) is amended--
            (1) by redesignating paragraphs (1) and (2) as subparagraphs 
        (A) and (B), respectively, and by moving such subparagraphs 2 
        ems to the right,
            (2) by striking ``For purposes'' and inserting the 
        following:
            ``(1) In general.--For purposes'',
            (3) by moving the flush sentence at the end of paragraph 
        (1), as so amended, 2 ems to the right, and
            (4) by adding at the end the following new paragraph:
            ``(2) <<NOTE: Appropriation authorization.>>  Restoration of 
        fund balance.--Out of money in the Treasury not otherwise 
        appropriated, there is hereby appropriated to the Highway Trust 
        Fund $8,017,000,000.''.

    (b) Conforming Amendment.--The last sentence of section 9503(f)(1) 
of the Internal Revenue Code of 1986, as amended by subsection (a), is 
amended by striking ``subsection'' and inserting ``paragraph''.
    (c) <<NOTE: 26 USC 9503 note.>> Effective Date.--The amendments made 
by this section shall take effect on the date of the enactment of this 
Act.

    Approved September 15, 2008.

LEGISLATIVE HISTORY--H.R. 6532:
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CONGRESSIONAL RECORD, Vol. 154 (2008):
            July 23, considered and passed House.
            Sept. 10, considered and passed Senate, amended.
            Sept. 11, House concurred in Senate amendment.

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