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23 U.S.C. § 188

Section 188 · Funding

Current version, with additions and removals from the September 30, 2003 version.

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Current — September 30, 2004
As of September 30, 2003

(a) Funding.—

(a) Funding.—

(1) In general.—There are authorized to be appropriated from the Highway Trust Fund (other than the Mass Transit Account) to carry out this subchapter—

(1) In general.—There are authorized to be appropriated from the Highway Trust Fund (other than the Mass Transit Account) to carry out this subchapter—

(A) $80,000,000 for fiscal year 1999;

(A) $80,000,000 for fiscal year 1999;

(B) $90,000,000 for fiscal year 2000;

(B) $90,000,000 for fiscal year 2000;

(C) $110,000,000 for fiscal year 2001;

(C) $110,000,000 for fiscal year 2001;

(D) $120,000,000 for fiscal year 2002;

(D) $120,000,000 for fiscal year 2002;

(E) $130,000,000 for fiscal year 2003; and
(E) $130,000,000 for fiscal year 2003;

(F) $130,000,000 for fiscal year 2004; and

(F) $58,333,333 for the period of October 1, 2003, through February 29, 2004.
(G) $86,666,667 for the period of October 1, 2004, through May 31, 2005.
(2) Administrative costs.—From funds made available under paragraph (1), the Secretary may use, for the administration of this subchapter, not more than $2,000,000 for each of fiscal years 1999 through 2003 and $833,333 for the period of October 1, 2003, through February 29, 2004.
(2) Administrative costs.—From funds made available under paragraph (1), the Secretary may use, for the administration of this subchapter, not more than $2,000,000 for each of fiscal years 1999 through 2004 and $1,333,333 for the period of October 1, 2004, through May 31, 2005.

(3) Availability.—Amounts made available under paragraph (1) shall remain available until expended.

(3) Availability.—Amounts made available under paragraph (1) shall remain available until expended.

(b) Contract Authority.—

(b) Contract Authority.—

(1) In general.—Notwithstanding any other provision of law, approval by the Secretary of a Federal credit instrument that uses funds made available under this subchapter shall be deemed to be acceptance by the United States of a contractual obligation to fund the Federal credit instrument.

(1) In general.—Notwithstanding any other provision of law, approval by the Secretary of a Federal credit instrument that uses funds made available under this subchapter shall be deemed to be acceptance by the United States of a contractual obligation to fund the Federal credit instrument.

(2) Availability.—Amounts authorized under this section for a fiscal year shall be available for obligation on October 1 of the fiscal year.

(2) Availability.—Amounts authorized under this section for a fiscal year shall be available for obligation on October 1 of the fiscal year.

(c) Limitations on Credit Amounts.—For each of fiscal years 1999 through 2004, principal amounts of Federal credit instruments made available under this subchapter shall be limited to the amounts specified in the following table:
(c) Limitations on Credit Amounts.—For each of fiscal years 1999 through 2005, principal amounts of Federal credit instruments made available under this subchapter shall be limited to the amounts specified in the following table:
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