Page:United States Statutes at Large Volume 119.djvu/1963

 PUBLIC LAW 109–59—AUG. 10, 2005

119 STAT. 1945

the date of the enactment of such Act (as such Act and provisions of law are in effect on the date of the enactment of such Act).’’. (B) MASS TRANSIT ACCOUNT.—Paragraph (3) of section 9503(e) of such Code is amended to read as follows: ‘‘(3) EXPENDITURES FROM ACCOUNT.—Amounts in the Mass Transit Account shall be available, as provided by appropriation Acts, for making capital or capital related expenditures (including capital expenditures for new projects) before October 1, 2009, in accordance with the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users or any other provision of law which was referred to in this paragraph before the date of the enactment of such Act (as such Act and provisions of law are in effect on the date of the enactment of such Act).’’. (C) EXCEPTION TO LIMITATION ON TRANSFERS.— Subparagraph (B) of section 9503(b)(6) is amended by striking ‘‘July 31, 2005’’ and inserting ‘‘September 30, 2009 (October 1, 2009, in the case of expenditures for administrative expenses)’’. (2) AQUATIC RESOURCES TRUST FUND.— (A) SPORT FISH RESTORATION ACCOUNT.—Paragraph (2) of section 9504(b) is amended by striking ‘‘Surface Transportation Extension Act of 2005, Part V’’ each place it appears and inserting ‘‘Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users’’. (B) EXCEPTION TO LIMITATION ON TRANSFERS.—Paragraph (2) of section 9504(d) is amended by striking ‘‘July 31, 2005’’ and inserting ‘‘October 1, 2009’’. (e) EFFECTIVE DATE.—The amendments made by this section shall take effect on the date of the enactment of this Act.

26 USC 4041 note.

SEC. 11102. MODIFICATION OF ADJUSTMENTS OF APPORTIONMENTS.

(a) IN GENERAL.—Section 9503(d) (relating to adjustments for apportionments) is amended— (1) by striking ‘‘24-month’’ in paragraph (1)(B) and inserting ‘‘48-month’’, and (2) by striking ‘‘2 YEARS’ ’’ IN THE HEADING FOR PARAGRAPH (3) AND INSERTING ‘‘4 YEARS’ ’’. (b) MEASUREMENT OF NET HIGHWAY RECEIPTS.—Section 9503(d) is amended by redesignating paragraph (6) as paragraph (7) and by inserting after paragraph (5) the following new paragraph: ‘‘(6) MEASUREMENT OF NET HIGHWAY RECEIPTS.—For purposes of making any estimate under paragraph (1) of net highway receipts for periods ending after the date specified in subsection (b)(1), the Secretary shall treat— ‘‘(A) each expiring provision of subsection (b) which is related to appropriations or transfers to the Highway Trust Fund to have been extended through the end of the 48-month period referred to in paragraph (1)(B), and ‘‘(B) with respect to each tax imposed under the sections referred to in subsection (b)(1), the rate of such tax during the 48-month period referred to in paragraph (1)(B) to be the same as the rate of such tax as in effect on the date of such estimate.’’. (c) EFFECTIVE DATE.—The amendments made by this section shall take effect on the date of the enactment of this Act.

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26 USC 9503 note.

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