Amendment limits the interest to be credited to Transportation Trust Funds to the average interest rate on fifty-two week Treasury securities sold to the public.

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Amendment Number
990
Description
Amendment limits the interest to be credited to Transportation Trust Funds to the average interest rate on fifty-two week Treasury securities sold to the public.
Purpose
An amendment to impose a limitation on interest paid to trust funds which is determined to be the average interest rate on 52-week Treasury securities sold to the public during such fiscal year.
Congress
104
Type
HAMDT
Latest Action Date
Apr 17, 1996
Latest Action Text
On agreeing to the Oberstar amendment (A002) Agreed to by voice vote.
Latest Action Time
14:40:52
Submitted Date
Apr 17, 1996
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 990 — Informed