Page:United States Statutes at Large Volume 119.djvu/1934

 119 STAT. 1916

PUBLIC LAW 109–59—AUG. 10, 2005 Legacy for Users or for which appropriations are provided in accordance with authorizations contained in that Act: ‘‘(i) 69–1120–0–1–401 (Administrative Expenses). ‘‘(ii) 69–1134–0–1–401 (Capital Investment Grants). ‘‘(iii) 69–8191–0–7–401 (Discretionary Grants). ‘‘(iv) 69–1129–0–1–401 (Formula Grants). ‘‘(v) 69–1127–0–1–401 (Interstate Transfer Grants—Transit). ‘‘(vi) 69–1125–0–1–401 (Job Access and Reverse Commute). ‘‘(vii) 69–1122–0–1–401 (Miscellaneous Expired Accounts). ‘‘(viii) 69–1121–0–1–401 (Research, Training and Human Resources). ‘‘(ix) 69–8350–0–7–401 (Trust Fund Share of Expenses). ‘‘(x) 69–1137–0–1–401 (Transit Planning and Research). ‘‘(xi) 69–1136–0–1–401 (University Transportation Research). ‘‘(xii) 69–1128–0–1–401 (Washington Metropolitan Area Transit Authority).’’.

SEC. 8002. ADJUSTMENTS TO ALIGN HIGHWAY SPENDING WITH REVENUES. 2 USC 901.

VerDate 14-DEC-2004

13:51 Oct 26, 2006

Subparagraphs (B) through (E) of section 251(b)(1) of the Balanced Budget and Emergency Deficit Control Act of 1985 are amended to read as follows: ‘‘(B) ADJUSTMENT TO ALIGN HIGHWAY SPENDING WITH REVENUES.—(i) When the President submits the budget under section 1105 of title 31, United States Code, OMB shall calculate and the budget shall make adjustments to the highway category for the budget year and each outyear as provided in clause (ii)(I)(cc). ‘‘(ii)(I)(aa) OMB shall take the actual level of highway receipts for the year before the current year and subtract the sum of the estimated level of highway receipts in subclause (II) plus any amount previously calculated under item (bb) for that year. ‘‘(bb) OMB shall take the current estimate of highway receipts for the current year and subtract the estimated level of receipts for that year. ‘‘(cc) OMB shall add one-half of the sum of the amount calculated under items (aa) and (bb) to the obligation limitations set forth in the section 8003 of the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users and, using current estimates, calculate the outlay change resulting from the change in obligations for the budget year and the first outyear and the outlays flowing therefrom through subsequent fiscal years. After making the calculations under the preceding sentence, OMB shall adjust the amount of obligations set forth in that section for the budget year and the first outyear by adding one-half of the sum of the amount calculated under items (aa) and (bb) to each such year.

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