HR 4058

110th CONGRESS
1st Session

H. R. 4058

To grant to a State with an unemployment rate that is equal to or greater than 125 percent of the national unemployment rate authority to transfer funds among programs made available to such State by title 23, United States Code, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

November 1, 2007

Mr. HOEKSTRA introduced the following bill; which was referred to the Committee on Transportation and Infrastructure

A BILL

To grant to a State with an unemployment rate that is equal to or greater than 125 percent of the national unemployment rate authority to transfer funds among programs made available to such State by title 23, United States Code, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the `Maximizing the Use of Federal Funds for Job Creation Act of 2007'.

SEC. 2. TRANSFER AUTHORITY.

    (a) In General- Except as provided in subsection (c), a State with an unemployment rate that is equal to or greater than 125 percent of the national unemployment rate is authorized to transfer, without limitation, any funds apportioned and any funds allocated to such State from amounts made available from the Highway Trust Fund (other than the Mass Transit Account) to any of the apportionments for the programs designated in subsection (b).

    (b) Designated Programs- The following programs, authorized by title 23, United States Code, are the programs the apportionments of which funds may be transferred to under subsection (a):

      (1) The interstate maintenance program under section 119.

      (2) The National Highway System under section 103(b).

      (3) The surface transportation program under section 133.

      (4) The highway bridge replacement and rehabilitation program under section 144.

    (c) Exempt Programs- The funds made available for the highway safety improvement programs authorized by section 148 and chapter 4 of title 23, United States Code, shall not be subject to transfer under subsection (a).

    (d) Duration- The transfer authority provided by subsection (a) shall remain in effect for a period of two years for a State or until the date on the State's unemployment rate is less than 125 percent of the national unemployment rate, whichever occurs later.

    (e) National Employment Rate Defined- In this section, the term `national employment rate' means the most recent rate of unemployment announced each month by Bureau of Labor Statistics of the Department of Labor based upon data from the current populations survey of households conducted for the Bureau by the Bureau of the Census of the Department of Commerce.

END