Amendment109th Congress
Amendment changes the calculation of section 120(j) credits, which are based on toll revenues, to reflect the proportionate State and local investments in revenue-generating transportation facilities.
- Amendment Number
- 31
- Description
- Amendment changes the calculation of section 120(j) credits, which are based on toll revenues, to reflect the proportionate State and local investments in revenue-generating transportation facilities.
- Purpose
- An amendment numbered 3 printed in House Report 109-15 to change the current calculation to a pro rata calculation, reflecting a state's level of investment in a toll facility. Currently it is a zero sum situation.
- Congress
- 109
- Type
- HAMDT
- Latest Action Date
- Mar 10, 2005
- Latest Action Text
- On agreeing to the Burgess amendment (A012) Agreed to by voice vote.
- Latest Action Time
- 12:18:41
- Submitted Date
- Mar 10, 2005
- Chamber
- House of Representatives
- Update Date
- Jan 25, 2021