US (United States) Code. Title 26. Subtitle I: Trust Fund Code. Chapter 98

Codificación normativa de EEUU (Estados Unidos) Legislación Federal estadounidense # Internal revenue code

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-CITE-

26 USC CHAPTER 98 - TRUST FUND CODE 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

-HEAD-

CHAPTER 98 - TRUST FUND CODE

-MISC1-

Subchapter Sec.(!1)

A. Establishment of Trust Funds 9501

B. General provisions 9601

-FOOTNOTE-

(!1) Section numbers editorially supplied.

-End-

-CITE-

26 USC Subchapter A - Establishment of Trust Funds 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter A - Establishment of Trust Funds

-HEAD-

SUBCHAPTER A - ESTABLISHMENT OF TRUST FUNDS

-MISC1-

Sec.

9501. Black Lung Disability Trust Fund.

9502. Airport and Airway Trust Fund.

9503. Highway Trust Fund.

9504. Aquatic Resources Trust Fund.

9505. Harbor Maintenance Trust Fund.

9506. Inland Waterways Trust Fund.

9507. Hazardous Substance Superfund.

9508. Leaking Underground Storage Tank Trust Fund.

9509. Oil Spill Liability Trust Fund.

9510. Vaccine Injury Compensation Trust Fund.

[9511. Repealed.]

-COD-

CODIFICATION

The amendment by section 8033(b) of Pub. L. 99-509, which

provided for adding item 9507 to the table of sections for

subchapter A, did not take effect pursuant to section 8033(c)(2)(C)

of Pub. L. 99-509 and the enactment of the Superfund Amendments and

Reauthorization Act of 1986 (Pub. L. 99-499).

-MISC2-

AMENDMENTS

1998 - Pub. L. 105-178, title IX, Sec. 9011(b)(3), June 9, 1998,

112 Stat. 508, struck out item 9511 "National Recreational Trails

Trust Fund".

1991 - Pub. L. 102-240, title VIII, Sec. 8003(c), Dec. 18, 1991,

105 Stat. 2206, added item 9511.

1987 - Pub. L. 100-203, title IX, Sec. 9202(b), Dec. 22, 1987,

101 Stat. 1330-331, added item 9510.

1986 - Pub. L. 99-662, title XIV, Secs. 1403(c), 1405(c), Nov.

17, 1986, 100 Stat. 4270, 4271, added items 9505 and 9506.

Pub. L. 99-509, title VIII, Sec. 8033(c)(2)(C), Oct. 21, 1986,

100 Stat. 1962, added item 9509.

Pub. L. 99-499, title V, Secs. 517(d), 522(b), Oct. 17, 1986, 100

Stat. 1774, 1781, added items 9507 and 9508.

1984 - Pub. L. 98-369, div. A, title X, Sec. 1016(d), July 18,

1984, 98 Stat. 1020, added item 9504.

1983 - Pub. L. 97-424, title V, Sec. 531(d), Jan. 6, 1983, 96

Stat. 2192, added item 9503.

1982 - Pub. L. 97-248, title II, Sec. 281(c)(1), Sept. 3, 1982,

96 Stat. 566, struck out "Establishment of" before "Black Lung" in

item 9501 and added item 9502.

-SECREF-

SUBCHAPTER REFERRED TO IN OTHER SECTIONS

This subchapter is referred to in sections 9601, 9602 of this

title; title 19 section 3539; title 21 section 886; title 42

sections 9604, 9606, 9607, 9611, 9619.

-End-

-CITE-

26 USC Sec. 9501 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter A - Establishment of Trust Funds

-HEAD-

Sec. 9501. Black Lung Disability Trust Fund

-STATUTE-

(a) Creation of Trust Fund

(1) In general

There is established in the Treasury of the United States a

trust fund to be known as the "Black Lung Disability Trust Fund",

consisting of such amounts as may be appropriated or credited to

the Black Lung Disability Trust Fund.

(2) Trustees

The trustees of the Black Lung Disability Trust Fund shall be

the Secretary of the Treasury, the Secretary of Labor, and the

Secretary of Health and Human Services.

(b) Transfer of certain taxes; other receipts

(1) Transfer to Black Lung Disability Trust Fund of amounts

equivalent to certain taxes

There are herby appropriated to the Black Lung Disability Trust

Fund amounts equivalent to the taxes received in the Treasury

under section 4121 or subchapter B of chapter 42.

(2) Certain repaid amounts, etc.

The following amounts shall be credited to the Black Lung

Disability Trust Fund:

(A) Amounts repaid or recovered under subsection (b) of

section 424 of the Black Lung Benefits Act (including interest

thereon).

(B) Amounts paid as fines or penalties, or interest thereon,

under section 423, 431, or 432 of the Black Lung Benefits Act.

(C) Amounts paid into the Black Lung Disability Trust Fund by

a trust described in section 501(c)(21).

(c) Repayable advances

(1) Authorization

There are authorized to be appropriated to the Black Lung

Disability Trust Fund, as repayable advances, such sums as may

from time to time be necessary to make the expenditures described

in subsection (d).

(2) Repayment with interest

Repayable advances made to the Black Lung Disability Trust Fund

shall be repaid, and interest on such advances shall be paid, to

the general fund of the Treasury when the Secretary of the

Treasury determines that moneys are available in the Black Lung

Disability Trust Fund for such purposes.

(3) Rate of interest

Interest on advances made pursuant to this subsection shall be

at a rate determined by the Secretary of the Treasury (as of the

close of the calendar month preceding the month in which the

advance is made) to be equal to the current average market yield

on outstanding marketable obligations of the United States with

remaining periods to maturity comparable to the anticipated

period during which the advance will be outstanding.

(d) Expenditures from Trust Fund

Amounts in the Black Lung Disability Trust Fund shall be

available, as provided by appropriation Acts, for -

(1) the payment of benefits under section 422 of the Black Lung

Benefits Act in any case in which the Secretary of Labor

determines that -

(A) the operator liable for the payment of such benefits -

(i) has no commenced payment of such benefits within 30

days after the date of an initial determination of

eligibility by the Secretary of Labor, or

(ii) has not made a payment within 30 days after that

payment is due,

except that, in the case of a claim filed on or after the date

of the enactment of the Black Lung Benefits Revenue Act of

1981, amounts will be available under this subparagraph only

for benefits accruing after the date of such initial

determination, or

(B) there is no operator who is liable for the payment of

such benefits,

(2) the payment of obligations incurred by the Secretary of

Labor with respect to all claims of miners of their survivors in

which the miner's last coal mine employment was before January 1,

1970,

(3) the repayment into the Treasury of the United States of an

amount equal to the sum of the amounts expended by the Secretary

of Labor for claims under part C of the Black Lung Benefits Act

which were paid before April 1, 1978, except that the Black Lung

Disability Trust Fund shall not be obligated to pay or reimburse

any such amounts which are attributable to periods of eligibility

before January 1, 1974,

(4) the repayment of, and the payment of interest on, repayable

advances to the Black Lung Disability Trust Fund,

(5) the payment of all expenses of administration on or after

March 1, 1978 -

(A) incurred by the Department of Labor or the Department of

Health and Human Services under part C of the Black Lung

Benefits Act (other than under section 427(a) or 433), or

(B) incurred by the Department of the Treasury in

administering subchapter B of chapter 32 and in carrying out

its responsibilities with respect to the Black Lung Disability

Trust Fund,

(6) the reimbursement of operators for amounts paid by such

operators (other than as penalties or interest) before April 1,

1978, in satisfaction (in whole or in part) of claims of miners

whose last employment in coal mines was terminated before January

1, 1970, and

(7) the reimbursement of operators and insurers for amounts

paid by such operators and insurers (other than amounts paid as

penalties, interest, or attorney fees) at any time in

satisfaction (in whole or in part) of any claim denied (within

the meaning of section 402(i) of the Black Lung Benefits Act)

before March 1, 1978, and which is or has been approved in

accordance with the provisions of section 435 (!1) of the Black

Lung Benefits Act.

For purposes of the preceding sentence, any reference to section

402(i), 422, or 435 (!1) of the Black Lung Benefits Act shall be

treated as a reference to such section as in effect immediately

after the enactment of this section.

-SOURCE-

(Added Pub. L. 97-119, title I, Sec. 103(a), Dec. 29, 1981, 95

Stat. 1636; amended Pub. L. 97-248, title II, Sec. 281(c)(2), Sept.

3, 1982, 96 Stat. 566.)

-REFTEXT-

REFERENCES IN TEXT

The Black Lung Benefits Act, referred to in subsecs. (b)(2)(A),

(B) and (d), is title IV of Pub. L. 91-173, Dec. 30, 1969, 83 Stat.

792, as amended. Part C of the Act is classified generally to part

C (Sec. 931 et seq.) of subchapter IV of chapter 22 of Title 30,

Mineral Lands and Mining. Sections 402(i), 422, 423, 424(b),

427(a), 431, 432, and 433 of the Act are classified to sections

902(i), 932, 933, 934(b), 937(a), 941, 942, and 943, respectively,

of Title 30. Section 435 of the Act was classified to section 945

of Title 30, prior to repeal by Pub. L. 107-275, Sec. 2(c)(1), Nov.

2, 2002, 116 Stat. 1926. For complete classification of this Act to

the Code, see section 901(b) of Title 30 and Tables.

The date of enactment of the Black Lung Benefits Revenue Act of

1981, referred to in subsec. (d)(1)(A), is the date of enactment of

Pub. L. 97-119, which was approved Dec. 29, 1981.

The enactment of this section, referred to in subsec. (d),

probably means the date of enactment of Pub. L. 97-119, which

enacted this section and which was approved Dec. 29, 1981.

-MISC1-

AMENDMENTS

1982 - Pub. L. 97-248 struck out "Establishment of" before "Black

Lung" in section catchline.

EFFECTIVE DATE OF 1982 AMENDMENT

Amendment by Pub. L. 97-248 effective Sept. 1, 1982, see section

281(d) of Pub. L. 97-248, set out as an Effective Date; Savings

Provisions note under section 9502 of this title.

EFFECTIVE DATE

Section 103(d)(1) of Pub. L. 97-119, as amended by Pub. L.

99-514, Sec. 2, Oct. 22, 1986, 100 Stat. 2095, provided that: "The

amendments made by this section [enacting this section and sections

9500, 9601, and 9602 of this title, amending section 501 of this

title, and repealing section 934a of Title 30, Mineral Lands and

Mining] shall take effect on January 1, 1982. Section 9501(c)(3) of

the Internal Revenue Code of 1986 [formerly I.R.C. 1954] (as added

by subsection (a)) shall only apply to advances made after December

31, 1981."

SAVINGS PROVISION

Section 103(d)(2) of Pub. L. 97-119 provided that: "The Black

Lung Disability Trust Fund established by the amendments made by

this section [enacting this section and sections 9500, 9601, 9602

of this title, amending section 501 of this title, and repealing

section 934a of Title 30, Mineral Lands and Mining] shall be

treated for all purposes of law as the continuation of the Black

Lung Disability Trust Fund established by section 3 of the Black

Lung Benefits Revenue Act of 1977 [former section 934a of Title

30]. Any reference in any law to the Black Lung Disability Trust

Fund established by such section 3 shall be deemed to include a

reference to the Black Lung Disability Trust Fund established by

the amendments made by this section."

MORATORIUM ON INTEREST ACCRUALS ON INDEBTEDNESS OF BLACK LUNG

DISABILITY TRUST FUND

Pub. L. 99-272, title XIII, Sec. 13203(b), Apr. 7, 1986, 100

Stat. 312, provided that: "No interest shall accrue for the period

beginning on October 1, 1985, and ending on September 30, 1990,

with respect to any repayable advance to the Black Lung Disability

Trust Fund."

PROVISIONS RELATING TO PAYMENT OF BENEFITS TO MINERS AND ELIGIBLE

SURVIVORS OF MINERS TO TAKE EFFECT AS RULES AND REGULATIONS OF

SECRETARY OF LABOR

Pub. L. 95-239, Sec. 20(b), Mar. 1, 1978, 92 Stat. 106, provided

that: "In the event that the payment of benefits to miners and to

eligible survivors of miners cannot be made from the Black Lung

Disability Trust Fund established by section 3(a) of the Black Lung

Benefits Revenue Act of 1977 [former section 934a(a) of Title 30,

Mineral Lands and Mining], the provisions of the Act relating to

the payment of benefits to miners and to eligible survivors of

miners, as in effect immediately before the date of the enactment

of this Act [Mar. 1, 1978], shall take effect, as rules and

regulations of the Secretary of Labor until such provisions are

revoked, amended, or revised by law. The Secretary of Labor may

promulgate additional rules and regulations to carry out such

provisions and shall make benefit payments to miners and to

eligible survivors of miners in accordance with such provisions."

-SECREF-

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in section 501 of this title; title

30 sections 902, 925, 932.

-FOOTNOTE-

(!1) See References in Text note below.

-End-

-CITE-

26 USC Sec. 9502 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter A - Establishment of Trust Funds

-HEAD-

Sec. 9502. Airport and Airway Trust Fund

-STATUTE-

(a) Creation of Trust Fund

There is established in the Treasury of the United States a trust

fund to be known as the "Airport and Airway Trust Fund", consisting

of such amounts as may be appropriated or credited to the Airport

and Airway Trust Fund as provided in this section or section

9602(b).

(b) Transfers to Airport and Airway Trust Fund

There are hereby appropriated to the Airport and Airway Trust

Fund amounts equivalent to -

(1) the taxes received in the Treasury under -

(A) subsections (c) and (e) of section 4041 (relating to

aviation fuels),

(B) sections 4261 and 4271 (relating to transportation by

air),

(C) section 4081 (relating to gasoline) with respect to

aviation gasoline, and

(D) section 4091 (relating to aviation fuel), and

(2) the amounts determined by the Secretary of the Treasury to

be equivalent to the amounts of civil penalties collected under

section 47107(n) of title 49, United States Code.

There shall not be taken into account under paragraph (1) so much

of the taxes imposed by sections 4081 and 4091 as are determined at

the rates specified in section 4081(a)(2)(B) or 4091(b)(2).

(c) Appropriation of additional sums

There are hereby authorized to be appropriated to the Airport and

Airway Trust Fund such additional sums as may be required to make

the expenditures referred to in subsection (d) of this section.

(d) Expenditures from Airport and Airway Trust Fund

(1) Airport and airway program

Amounts in the Airport and Airway Trust Fund shall be

available, as provided by appropriation Acts, for making

expenditures before October 1, 2003, to meet those obligations of

the United States -

(A) incurred under title I of the Airport and Airway

Development Act of 1970 or of the Airport and Airway

Development Act Amendments of 1976 or of the Aviation Safety

and Noise Abatement Act of 1979 or under the Fiscal Year 1981

Airport Development Authorization Act or the provisions of the

Airport and Airway Improvement Act of 1982 or the Airport and

Airway Safety and Capacity Expansion Act of 1987 or the Federal

Aviation Administration Research, Engineering, and Development

Authorization Act of 1990 or the Aviation Safety and Capacity

Expansion Act of 1990 or the Airport and Airway Safety,

Capacity, Noise Improvement, and Intermodal Transportation Act

of 1992 or the Airport Improvement Program Temporary Extension

Act of 1994 or the Federal Aviation Administration

Authorization Act of 1994 or the Federal Aviation

Reauthorization Act of 1996 or the provisions of the Omnibus

Consolidated and Emergency Supplemental Appropriations Act,

1999 providing for payments from the Airport and Airway Trust

Fund or the Interim Federal Aviation Administration

Authorization Act or section 6002 of the 1999 Emergency

Supplemental Appropriations Act, Public Law 106-59, or the

Wendell H. Ford Aviation Investment and Reform Act for the 21st

Century or the Aviation and Transportation Security Act;

(B) heretofore or hereafter incurred under part A of subtitle

VII of title 49, United States Code, which are attributable to

planning, research and development, construction, or operation

and maintenance of -

(i) air traffic control,

(ii) air navigation,

(iii) communications, or

(iv) supporting services,

for the airway system; or

(C) for those portions of the administrative expenses of the

Department of Transportation which are attributable to

activities described in subparagraph (A) or (B).

Any reference in subparagraph (A) to an Act shall be treated as a

reference to such Act and the corresponding provisions (if any)

of title 49, United States Code, as such Act and provisions were

in effect on the date of the enactment of the last Act referred

to in subparagraph (A).

(2) Transfers from Airport and Airway Trust Fund on account of

certain refunds

The Secretary of the Treasury shall pay from time to time from

the Airport and Airway Trust Fund into the general fund of the

Treasury amounts equivalent to the amounts paid after August 31,

1982, in respect of fuel used in aircraft, under section 6420

(relating to amounts paid in respect of gasoline used on

farms,(!1) 6421 (relating to amounts paid in respect of gasoline

used for certain nonhighway purposes), or 6427 (relating to fuels

not used for taxable purposes).

(3) Transfers from the Airport and Airway Trust Fund on account

of certain section 34 credits

The Secretary of the Treasury shall pay from time to time from

the Airport and Airway Trust Fund into the general fund of the

Treasury amounts equivalent to the credits allowed under section

34 with respect to fuel used after August 31, 1982. Such amounts

shall be transferred on the basis of estimates by the Secretary

of the Treasury, and proper adjustments shall be made in amounts

subsequently transferred to the extent prior estimates were in

excess of or less than the credits allowed.

(4) Transfers for refunds and credits not to exceed Trust Fund

revenues attributable to fuel used

The amounts payable from the Airport and Airway Trust Fund

under paragraph (2) or (3) shall not exceed the amounts required

to be appropriated to such Trust Fund with respect to fuel so

used.

(5) Transfers from Airport and Airway Trust Fund on account of

refunds of taxes on transportation by air

The Secretary of the Treasury shall pay from time to time from

the Airport and Airway Trust Fund into the general fund of the

Treasury amounts equivalent to the amounts paid after December

31, 1995, under section 6402 (relating to authority to make

credits or refunds) or section 6415 (relating to credits or

refunds to persons who collected certain taxes) in respect of

taxes under sections 4261 and 4271.

(6) Transfers from the Airport and Airway Trust Fund on account

of certain airports

The Secretary of the Treasury may transfer from the Airport and

Airway Trust Fund to the Secretary of Transportation or the

Administrator of the Federal Aviation Administration an amount to

make a payment to an airport affected by a diversion that is the

subject of an administrative action under paragraph (3) or a

civil action under paragraph (4) of section 47107(n) of title 49,

United States Code.

(e) Certain taxes on alcohol mixtures to remain in general fund

For purposes of this section, the amounts which would (but for

this subsection) be required to be appropriated under subparagraphs

(A), (C), and (D) of subsection (b)(1) shall be reduced by -

(1) 0.6 cent per gallon in the case of taxes imposed on any

mixture at least 10 percent of which is alcohol (as defined in

section 4081(c)(3)) if any portion of such alcohol is ethanol;

and

(2) 0.67 cent per gallon in the case of fuel used in producing

a mixture described in paragraph (1).

(f) Limitation on transfers to Trust Fund

(1) In general

Except as provided in paragraph (2), no amount may be

appropriated or credited to the Airport and Airway Trust Fund on

and after the date of any expenditure from the Airport and Airway

Trust Fund which is not permitted by this section. The

determination of whether an expenditure is so permitted shall be

made without regard to -

(A) any provision of law which is not contained or referenced

in this title or in a revenue Act; and

(B) whether such provision of law is a subsequently enacted

provision or directly or indirectly seeks to waive the

application of this subsection.

(2) Exception for prior obligations

Paragraph (1) shall not apply to any expenditure to liquidate

any contract entered into (or for any amount otherwise obligated)

before October 1, 2003, in accordance with the provisions of this

section.

-SOURCE-

(Added Pub. L. 97-248, title II, Sec. 281(a), Sept. 3, 1982, 96

Stat. 565; amended Pub. L. 97-424, title IV, Sec. 426(e), Jan. 6,

1983, 96 Stat. 2168; Pub. L. 98-369, div. A, title IV, Sec.

474(r)(42), title VII, Sec. 735(c)(15), July 18, 1984, 98 Stat.

847, 984; Pub. L. 99-499, title V, Sec. 521(b)(2), Oct. 17, 1986,

100 Stat. 1778; Pub. L. 100-203, title X, Sec. 10502(d)(12), (g),

Dec. 22, 1987, 101 Stat. 1330-444, 1330-446; Pub. L. 100-223, title

IV, Secs. 402(a)(3), 403, Dec. 30, 1987, 101 Stat. 1532; Pub. L.

101-239, title VII, Sec. 7822(b)(5), Dec. 19, 1989, 103 Stat. 2425;

Pub. L. 101-508, title XI, Secs. 11211(b)(6)(G), 11213(c), (d)(3),

(4), Nov. 5, 1990, 104 Stat. 1388-426, 1388-435, 1388-436; Pub. L.

102-581, title V, Secs. 501, 502(a), Oct. 31, 1992, 106 Stat. 4898;

Pub. L. 103-66, title XIII, Sec. 13242(d)(32), (33), Aug. 10, 1993,

107 Stat. 526, 527; Pub. L. 103-260, title I, Sec. 108, May 26,

1994, 108 Stat. 700; Pub. L. 103-272, Sec. 5(g)(3), July 5, 1994,

108 Stat. 1375; Pub. L. 103-305, title IV, Sec. 401, Aug. 23, 1994,

108 Stat. 1594; Pub. L. 104-188, title I, Secs. 1609(c), (g)(4)(C),

(D), 1703(n)(10), Aug. 20, 1996, 110 Stat. 1841, 1843, 1877; Pub.

L. 104-264, title VIII, Sec. 806, title X, Sec. 1001, Oct. 9, 1996,

110 Stat. 3274, 3278; Pub. L. 105-2, Sec. 2(c), Feb. 28, 1997, 111

Stat. 5; Pub. L. 105-34, title X, Sec. 1031(d), title XVI, Sec.

1604(g)(5), Aug. 5, 1997, 111 Stat. 932, 1099; Pub. L. 105-206,

title VI, Secs. 6010(g)(2), 6023(31), July 22, 1998, 112 Stat. 814,

826; Pub. L. 106-181, title X, Sec. 1001, Apr. 5, 2000, 114 Stat.

196; Pub. L. 107-71, title I, Sec. 123(b), Nov. 19, 2001, 115 Stat.

631.)

-REFTEXT-

REFERENCES IN TEXT

Title I of the Airport and Airway Development Act of 1970,

referred to in subsec. (d)(1)(A), is title I of Pub. L. 91-258, May

21, 1970, 84 Stat. 219, as amended, which was classified

principally to chapter 25 (Sec. 1701 et seq.) of former Title 49,

Transportation. Sections 1 through 30 of title I of Pub. L. 91-258,

which enacted sections 1701 to 1703, 1711 to 1713, and 1714 to 1730

of former Title 49, and a provision set out as a note under section

1701 of former Title 49, were repealed by Pub. L. 97-248, title V,

Sec. 523(a), Sept. 3, 1982, 96 Stat. 695. Sections 31, 51, 52(a),

(b)(4), (6), (c), (d), and 53 of title I of Pub. L. 91-258 were

repealed by Pub. L. 103-272, Sec. 7(b), July 5, 1994, 108 Stat.

1379, the first section of which enacted subtitles II, III, and V

to X of Title 49, Transportation. For complete classification of

this Act to the Code, see Tables. For disposition of sections of

former Title 49, see table at the beginning of Title 49.

The Airport and Airway Development Act Amendments of 1976,

referred to in subsec. (d)(1)(A), is Pub. L. 94-353, July 12, 1976,

90 Stat. 871, as amended, which was repealed by Pub. L. 103-272,

Sec. 7(b), July 5, 1994, 108 Stat. 1379, the first section of which

enacted subtitles II, III, and V to X of Title 49. For complete

classification of this Act to the Code, see Tables. For disposition

of sections of former Title 49, see table at the beginning of Title

49.

The Aviation Safety and Noise Abatement Act of 1979, referred to

in subsec. (d)(1)(A), is Pub. L. 96-193, Feb. 18, 1980, 94 Stat.

50, which was classified principally to chapter 30 (Sec. 2101 et

seq.) of former Title 49, and was substantially repealed by Pub. L.

103-272, Sec. 7(b), July 5, 1994, 108 Stat. 1379, and reenacted by

the first section thereof as subchapter I (Sec. 47501 et seq.) of

chapter 475 of Title 49.

The Fiscal Year 1981 Airport Development Authorization Act,

referred to in subsec. (d)(1)(A), is part I (Secs. 1101-1103) of

subtitle A of title XI of Pub. L. 97-35, Aug. 13, 1981, 95 Stat.

622, which amended sections 1714, 1715, 1717, and 1742 of former

Title 49 and enacted provisions set out as notes under sections

1714 and 1716 of former Title 49, and was repealed by Pub. L.

103-272, Sec. 7(b), July 5, 1994, 108 Stat. 1379, the first section

of which enacted subtitles II, III, and V to X of Title 49. For

complete classification of this Act to the Code, see Tables. For

disposition of sections of former Title 49, see table at the

beginning of Title 49.

The Airport and Airway Improvement Act of 1982, referred to in

subsec. (d)(1)(A), is title V of Pub. L. 97-248, Sept. 3, 1982, 96

Stat. 671, as amended, which was classified principally to chapter

31 (Sec. 2201 et seq.) of former Title 49, and was substantially

repealed by Pub. L. 103-272, Sec. 7(b), July 5, 1994, 108 Stat.

1379, and reenacted by the first section thereof as subchapter I

(Sec. 47101 et seq.) of chapter 471 of Title 49.

The Airport and Airway Safety and Capacity Expansion Act of 1987,

referred to in subsec. (d)(1)(A), is Pub. L. 100-223, Dec. 30,

1987, 101 Stat. 1486. Sections 101, 102(a)-(c), 103 to 105(g), 106

to 116, 201 to 207, 301 to 306, 308 to 311, and 315 of Pub. L.

100-223 were repealed by Pub. L. 103-272, Sec. 7(b), July 5, 1994,

108 Stat. 1379, the first section of which enacted subtitles II,

III, and V to X of Title 49. For complete classification of this

Act to the Code, see Tables. For disposition of sections of former

Title 49, see table at the beginning of Title 49.

The Federal Aviation Administration Research, Engineering, and

Development Authorization Act of 1990, referred to in subsec.

(d)(1)(A), is subtitle C (Secs. 9201-9209) of title IX of Pub. L.

101-508, Nov. 5, 1990, 104 Stat. 1388-372, which enacted section

2226d of former Title 49, amended sections 1353 and 2205 of former

Title 49, and enacted provisions set out as a note under section

2201 of former Title 49. Sections 9202 to 9205 and 9207 to 9209 of

title IX of Pub. L. 101-508 were repealed by Pub. L. 103-272, Sec.

7(b), July 5, 1994, 108 Stat. 1379, the first section of which

enacted subtitles II, III, and V to X of Title 49. For complete

classification of this Act to the Code, see Tables. For disposition

of sections of former Title 49, see table at the beginning of Title

49.

The Aviation Safety and Capacity Expansion Act of 1990, referred

to in subsec. (d)(1)(A), is subtitle B (Secs. 9101-9131) of title

IX of Pub. L. 101-508, Nov. 5, 1990, 104 Stat. 1388-353, as

amended. Sections 9102 to 9105, 9107 to 9112(b), 9113 to 9115,

9118, 9121 to 9123, 9124 "Sec. 613(c)", 9125, 9127, and 9129 to

9131 of title IX of Pub. L. 101-508 were repealed by Pub. L.

103-272, Sec. 7(b), July 5, 1994, 108 Stat. 1379, the first section

of which enacted subtitles II, III, and V to X of Title 49. For

complete classification of this Act to the Code, see Tables. For

disposition of sections of former Title 49, see table at the

beginning of Title 49.

The Airport and Airway Safety, Capacity, Noise Improvement, and

Intermodal Transportation Act of 1992, referred to in subsec.

(d)(1)(A), is Pub. L. 102-581, Oct. 31, 1992, 106 Stat. 4872, as

amended. Sections 101 to 103(d), 105 to 107(c), 108 to 112(b), 113

to 120, 124, 125, 136, 201 to 203(a), 205, 208, 302, 401, and 402

of Pub. L. 102-581 were repealed by Pub. L. 103-272, Sec. 7(b),

July 5, 1994, 108 Stat. 1379, the first section of which enacted

subtitles II, III, and V to X of Title 49. For complete

classification of this Act to the Code, see Tables. For disposition

of sections of former Title 49, see table at the beginning of Title

49.

The Airport Improvement Program Temporary Extension Act of 1994,

referred to in subsec. (d)(1)(A), is Pub. L. 103-260, May 26, 1994,

108 Stat. 698, as amended. Sections 102 to 107 and 109 of Pub. L.

103-260 were repealed by Pub. L. 103-429, Sec. 11(b), Oct. 31,

1994, 108 Stat. 4391, an act to codify without substantive change

recent laws related to transportation. For complete classification

of this Act to the Code, see Tables. For disposition of sections of

former Title 49, see table at the beginning of Title 49.

The Federal Aviation Administration Authorization Act of 1994,

referred to in subsec. (d)(1)(A), is Pub. L. 103-305, Aug. 23,

1994, 108 Stat. 1569. For complete classification of this Act to

the Code, see Short Title of 1994 Amendment note set out under

section 40101 of Title 49 and Tables.

The Federal Aviation Reauthorization Act of 1996, referred to in

subsec. (d)(1)(A), is Pub. L. 104-264, Oct. 9, 1996, 110 Stat.

3213. For complete classification of this Act to the Code, see

Short Title of 1996 Amendment note set out under section 40101 of

Title 49, Transportation, and Tables.

The Omnibus Consolidated and Emergency Supplemental

Appropriations Act, 1999, referred to in subsec. (d)(1)(A), is Pub.

L. 105-277, Oct. 21, 1998, 112 Stat. 2681, as amended. For complete

classification of this Act to the Code, see Tables.

The Interim Federal Aviation Administration Authorization Act,

referred to in subsec. (d)(1)(A), is Pub. L. 106-6, Mar. 31, 1999,

113 Stat. 10. For complete classification of this Act to the Code,

see Short Title of 1999 Amendment note set out under section 40101

of Title 49, Transportation, and Tables.

Section 6002 of the 1999 Emergency Supplemental Appropriations

Act, referred to in subsec. (d)(1)(A), is section 6002 of Pub. L.

106-31, May 21, 1999, 113 Stat. 113, which amended sections 44310,

47104, 47117, and 48103 of Title 49, Transportation.

Public Law 106-59, referred to in subsec. (d)(1)(A), is Pub. L.

106-59, Sept. 29, 1999, 113 Stat. 482, which amended sections 47104

and 48103 of Title 49, Transportation.

The Wendell H. Ford Aviation Investment and Reform Act for the

21st Century, referred to in subsec. (d)(1)(A), is Pub. L. 106-181,

Apr. 5, 2000, 114 Stat. 61. For complete classification of this Act

to the Code, see Short Title of 2000 Amendment note set out under

section 40101 of Title 49, Transportation, and Tables.

The Aviation and Transportation Security Act, referred to in

subsec. (d)(1)(A), is Pub. L. 107-71, Nov. 19, 2001, 115 Stat. 597.

For complete classification of this Act to the Code, see Tables.

The date of the enactment of the last Act referred to in

subparagraph (A), referred to in subsec. (d)(1), is the date of

enactment of the Aviation and Transportation Security Act, Pub. L.

107-71, which was approved Nov. 19, 2001.

-MISC1-

AMENDMENTS

2001 - Subsec. (d)(1)(A). Pub. L. 107-71 inserted "or the

Aviation and Transportation Security Act" before semicolon at end.

2000 - Subsec. (d)(1). Pub. L. 106-181, Sec. 1001(a)(1),

substituted "October 1, 2003" for "October 1, 1998" in introductory

provisions.

Subsec. (d)(1)(A). Pub. L. 106-181, Sec. 1001(a)(2), inserted

before the semicolon at end "or the provisions of the Omnibus

Consolidated and Emergency Supplemental Appropriations Act, 1999

providing for payments from the Airport and Airway Trust Fund or

the Interim Federal Aviation Administration Authorization Act or

section 6002 of the 1999 Emergency Supplemental Appropriations Act,

Public Law 106-59, or the Wendell H. Ford Aviation Investment and

Reform Act for the 21st Century".

Subsec. (f). Pub. L. 106-181, Sec. 1001(b), added subsec. (f).

1998 - Subsec. (b). Pub. L. 105-206, Sec. 6010(g)(2), moved

concluding provisions from end of par. (1) to end of subsec. (b).

Subsec. (e). Pub. L. 105-206, Sec. 6023(31), amended heading and

text of subsec. (e) generally. Prior to amendment, text read as

follows:

"(1) Increases in tax revenues before 1993 to remain in general

fund. - In the case of taxes imposed before January 1, 1993, the

amounts required to be appropriated under paragraphs (1), (2), and

(3) of subsection (b) shall be determined without regard to any

increase in a rate of tax enacted by the Revenue Reconciliation Act

of 1990.

"(2) Certain taxes on alcohol mixtures to remain in general fund.

- For purposes of this section, the amounts which would (but for

this paragraph) be required to be appropriated under paragraphs

(1), (2), and (3) of subsection (b) shall be reduced by -

"(A) 0.6 cent per gallon in the case of taxes imposed on any

mixture at least 10 percent of which is alcohol (as defined in

section 4081(c)(3)) if any portion of such alcohol is ethanol,

and

"(B) 0.67 cent per gallon in the case of fuel used in producing

a mixture described in subparagraph (A)."

1997 - Subsec. (b)(1). Pub. L. 105-34, Sec. 1031(d)(1)(C),

inserted concluding provisions.

Pub. L. 105-2, Sec. 2(c)(1), amended heading and text of subsec.

(b) generally. Prior to amendment, text read as follows: "There is

hereby appropriated to the Airport and Airway Trust Fund -

"(1) amounts equivalent to the taxes received in the Treasury

after August 31, 1982, and before January 1, 1997, under

subsections (c) and (e) of section 4041 (taxes on aviation fuel)

and under sections 4261 and 4271 (taxes on transportation by

air);

"(2) amounts determined by the Secretary of the Treasury to be

equivalent to the taxes received in the Treasury after August 31,

1982, and before and before January 1, 1997, under section 4081

(to the extent of 15 cents per gallon), with respect to gasoline

used in aircraft;

"(3) amounts determined by the Secretary to be equivalent to

the taxes received in the Treasury before January 1, 1997, under

section 4091 (to the extent attributable to the Airport and

Airway Trust Fund financing rate);

"(4) amounts determined by the Secretary of the Treasury to be

equivalent to the taxes received in the Treasury after August 31,

1982, and before January 1, 1997, under section 4071, with

respect to tires of the types used on aircraft, and

"(5) amounts determined by the Secretary of the Treasury to be

equivalent to the amounts of civil penalties collected under

section 47107(n) of title 49, United States Code."

Subsec. (b)(1)(C). Pub. L. 105-34, Sec. 1031(d)(1)(A), struck out

"(to the extent that the rate of the tax on such gasoline exceeds

4.3 cents per gallon)" after "aviation gasoline".

Subsec. (b)(1)(D). Pub. L. 105-34, Sec. 1031(d)(1)(B), struck out

"to the extent attributable to the Airport and Airway Trust Fund

financing rate" after "aviation fuel)".

Subsec. (d)(5), (6). Pub. L. 105-34, Sec. 1604(g)(5),

redesignated par. (5), relating to transfers on account of certain

airports, as (6).

Subsec. (f). Pub. L. 105-34, Sec. 1031(d)(2), struck out heading

and text of subsec. (f). Text read as follows: "For purposes of

this section -

"(1) In general. - Except as otherwise provided in this

subsection, the Airport and Airway Trust Fund financing rate is -

"(A) in the case of fuel used in an aircraft in noncommercial

aviation (as defined in section 4041(c)(2)), 17.5 cents per

gallon, and

"(B) in the case of fuel used in an aircraft other than in

noncommercial aviation (as so defined), zero.

"(2) Alcohol fuels. - If the rate of tax on any fuel is

determined under section 4091(c), the Airport and Airway Trust

Fund financing rate is the excess (if any) of the rate of tax

determined under section 4091(c) over 4.4 cents per gallon ( 10/9

of 4.4 cents per gallon in the case of a rate of tax determined

under section 4091(c)(2)).

"(3) Termination. - Notwithstanding the preceding provisions of

this subsection, the Airport and Airway Trust Fund financing rate

shall be zero with respect to taxes imposed during any period

that the rate of the tax imposed by section 4091(b)(1) is 4.3

cents per gallon."

Subsec. (f)(3). Pub. L. 105-2, Sec. 2(c)(2), amended heading and

text of par. (3) generally. Prior to amendment, text read as

follows: "Notwithstanding the preceding provisions of this

subsection, the Airport and Airway Trust Fund financing rate shall

be zero with respect to -

"(A) taxes imposed after December 31, 1995, and before the date

which is 7 calendar days after the date of the enactment of the

Small Business Job Protection Act of 1996, and

"(B) taxes imposed after December 31, 1996."

1996 - Subsec. (b)(1). Pub. L. 104-188, Sec. 1609(c)(1),

substituted "January 1, 1997" for "January 1, 1996".

Subsec. (b)(2). Pub. L. 104-188, Sec. 1703(n)(10), inserted "and

before" after "1982,".

Pub. L. 104-188, Sec. 1609(c)(1), (g)(4)(D), substituted "January

1, 1997" for "January 1, 1996" and "15 cents" for "14 cents".

Subsec. (b)(3), (4). Pub. L. 104-188, Sec. 1609(c)(1),

substituted "January 1, 1997" for "January 1, 1996".

Subsec. (b)(5). Pub. L. 104-264, Sec. 806(1)-(3), added par. (5).

Subsec. (d)(1). Pub. L. 104-264, Sec. 1001(a), substituted

"October 1, 1998" for "October 1, 1996" in introductory provisions.

Subsec. (d)(1)(A). Pub. L. 104-264, Sec. 1001(b), inserted before

semicolon at end "or the Federal Aviation Reauthorization Act of

1996".

Subsec. (d)(5). Pub. L. 104-264, Sec. 806(4), added par. (5)

relating to transfers on account of certain airports.

Pub. L. 104-188, Sec. 1609(c)(3), added par. (5) relating to

transfers on account of refunds of taxes on transportation by air.

Subsec. (f)(1)(A). Pub. L. 104-188, Sec. 1609(g)(4)(C),

substituted "section 4041(c)(2)" for "section 4041(c)(4)".

Subsec. (f)(3). Pub. L. 104-188, Sec. 1609(c)(2), reenacted

heading without change and amended text generally. Prior to

amendment, text read as follows: "Notwithstanding the preceding

provisions of this subsection, the Airport and Airway Trust Fund

financing rate is zero with respect to tax received after December

31, 1995."

1994 - Subsec. (d)(1). Pub. L. 103-305, Sec. 401(1), (4), in

introductory provisions substituted "October 1, 1996" for "October

1, 1995" and inserted last sentence which read: "Any reference in

subparagraph (A) to an Act shall be treated as a reference to such

Act and the corresponding provisions (if any) of title 49, United

States Code, as such Act and provisions were in effect on the date

of the enactment of the last Act referred to in subparagraph (A)."

Subsec. (d)(1)(A). Pub. L. 103-305, Sec. 401(2), (3), inserted

"or the Airport and Airway Safety, Capacity, Noise Improvement, and

Intermodal Transportation Act of 1992" after "Capacity Expansion

Act of 1990" and substituted "or the Federal Aviation

Administration Authorization Act of 1994" for "(as such Acts were

in effect on the date of the enactment of the Airport Improvement

Program Temporary Extension Act of 1994)".

Pub. L. 103-260 substituted "or the Airport Improvement Program

Temporary Extension Act of 1994 (as such Acts were in effect on the

date of the enactment of the Airport Improvement Program Temporary

Extension Act of 1994)" for "(as such Acts were in effect on the

date of the enactment of the Airport and Airway Safety, Capacity,

Noise Improvement, and Intermodal Transportation Act of 1992)".

Subsec. (d)(1)(B). Pub. L. 103-272 substituted "part A of

subtitle VII of title 49, United States Code," for "the Federal

Aviation Act of 1958, as amended (49 U.S.C. 1301 et seq.),".

1993 - Subsec. (b)(2). Pub. L. 103-66, Sec. 13242(d)(33),

substituted "(to the extent of 14 cents per gallon)" for "(to the

extent attributable to the Highway Trust Fund financing rate and

the deficit reduction rate)".

Subsec. (f). Pub. L. 103-66, Sec. 13242(d)(32), added subsec.

(f).

1992 - Subsec. (d)(1). Pub. L. 102-581, Sec. 501(1), substituted

"October 1, 1995" for "October 1, 1992".

Subsec. (d)(1)(A). Pub. L. 102-581, Sec. 501(2), substituted "(as

such Acts were in effect on the date of the enactment of the

Airport and Airway Safety, Capacity, Noise Improvement, and

Intermodal Transportation Act of 1992)" for "(as such Acts were in

effect on the date of the enactment of the Aviation Safety and

Capacity Expansion Act of 1990)".

Subsec. (e)(1). Pub. L. 102-581, Sec. 502(a), amended par. (1)

generally. Prior to amendment, par. (1) read as follows: "In the

case of taxes imposed before January 1, 1993, the amounts which

would (but for this paragraph) be required to be appropriated under

paragraphs (1), (2), and (3) of subsection (b) shall be 3 cents per

gallon less (3.5 cents per gallon less in the case of taxes imposed

by section 4041(c)(1) and 4091) than the amounts which would (but

for this sentence) be appropriated under such paragraphs."

1990 - Subsec. (b). Pub. L. 101-508, Sec. 11213(c)(2), (d)(3),

inserted "and the deficit reduction rate" after "financing rate" in

par. (2) and substituted "January 1, 1996" for "January 1, 1991" in

pars. (1) to (4).

Subsec. (d)(1)(A). Pub. L. 101-508, Sec. 11213(d)(4), substituted

"or the Federal Aviation Administration Research, Engineering, and

Development Authorization Act of 1990 or the Aviation Safety and

Capacity Expansion Act of 1990 (as such Acts were in effect on the

date of the enactment of the Aviation Safety and Capacity Expansion

Act of 1990)" for "(as such Acts were in effect on the date of the

enactment of the Airport and Airway Safety and Capacity Expansion

Act of 1987)".

Subsec. (d)(4). Pub. L. 101-508, Sec. 11211(b)(6)(G), added par.

(4).

Subsec. (e). Pub. L. 101-508, Sec. 11213(c)(1), added subsec.

(e).

1989 - Subsec. (b)(3). Pub. L. 101-239 substituted "; and" for ",

and" at end.

1987 - Subsec. (b). Pub. L. 100-223, Sec. 402(a)(3), substituted

"January 1, 1991" for "January 1, 1988", wherever appearing.

Subsec. (b)(3). Pub. L. 100-203, Sec. 10502(g), substituted

"January 1, 1991" for "January 1, 1988" in the par. (3) added by

Pub. L. 100-203, Sec. 10502(d)(12).

Pub. L. 100-203, Sec. 10502(d)(12), added par. (3). Former par.

(3) redesignated (4).

Subsec. (b)(4). Pub. L. 100-203, Sec. 10502(d)(12), redesignated

former par. (3) as (4).

Subsec. (d)(1). Pub. L. 100-223, Sec. 403, in introductory

provisions substituted "October 1, 1992" for "October 1, 1987", and

in subpar. (A), substituted "or the Airport and Airway Safety and

Capacity Expansion Act of 1987 (as such Acts were in effect on the

date of the enactment of the Airport and Airway Safety and Capacity

Expansion Act of 1987)" for "(as such Acts were in effect on the

date of the enactment of the Surface Transportation Assistance Act

of 1982)".

1986 - Subsec. (b)(1). Pub. L. 99-499, Sec. 521(b)(2)(A),

substituted "subsections (c) and (e) of section 4041" for

"subsections (c) and (d) of section 4041".

Subsec. (b)(2). Pub. L. 99-499, Sec. 521(b)(2)(B), inserted "(to

the extent attributable to the Highway Trust Fund financing rate)"

after "section 4081".

1984 - Subsec. (b)(3). Pub. L. 98-369, Sec. 735(c)(15),

substituted "under section 4071 with respect to tires of the types

used on aircraft" for "under paragraphs (2) and (3) of section

4071(a), with respect to tires and tubes of types used on

aircraft".

Subsec. (d)(3). Pub. L. 98-369, Sec. 474(r)(42), substituted

references to section 34 for references to section 39 in heading

and text.

1983 - Subsec. (d)(1)(A). Pub. L. 97-424 substituted "the Surface

Transportation Assistance Act of 1982" for "the Airport and Airway

Improvement Act of 1982".

EFFECTIVE DATE OF 2000 AMENDMENT

Amendment by Pub. L. 106-181 applicable only to fiscal years

beginning after Sept. 30, 1999, see section 3 of Pub. L. 106-181,

set out as a note under section 106 of Title 49, Transportation.

EFFECTIVE DATE OF 1998 AMENDMENT

Amendment by section 6023(31) of Pub. L. 105-206 effective July

22, 1998, see section 6023(32) of Pub. L. 105-206, set out as a

note under section 34 of this title.

Amendment by section 6010(g)(2) of Pub. L. 105-206 effective,

except as otherwise provided, as if included in the provisions of

the Taxpayer Relief Act of 1997, Pub. L. 105-34, to which such

amendment relates, see section 6024 of Pub. L. 105-206, set out as

a note under section 1 of this title.

EFFECTIVE DATE OF 1997 AMENDMENT

Section 1031(e)(3) of Pub. L. 105-34 provided that: "The

amendments made by subsection (d) [amending this section] shall

apply with respect to taxes received in the Treasury on and after

October 1, 1997."

EFFECTIVE DATE OF 1996 AMENDMENTS

Except as otherwise specifically provided, amendment by Pub. L.

104-264 applicable only to fiscal years beginning after Sept. 30,

1996, and not to be construed as affecting funds made available for

a fiscal year ending before Oct. 1, 1996, see section 3 of Pub. L.

104-264, set out as a note under section 106 of Title 49,

Transportation.

Amendment by section 1609(c), (g)(4)(C), (D) of Pub. L. 104-188

effective on 7th calendar day after Aug. 20, 1996, see section

1609(i) of Pub. L. 104-188, set out as a note under section 4041 of

this title.

Amendment by section 1703(n)(10) of Pub. L. 104-188 effective as

if included in the provision of the Revenue Reconciliation Act of

1993, Pub. L. 103-66, Secs. 13001-13444, to which such amendment

relates, see section 1703(o) of Pub. L. 104-188, set out as a note

under section 39 of this title.

EFFECTIVE DATE OF 1993 AMENDMENT

Amendment by Pub. L. 103-66 effective Jan. 1, 1994, see section

13242(e) of Pub. L. 103-66, set out as a note under section 4041 of

this title.

EFFECTIVE DATE OF 1992 AMENDMENT

Section 502(b) of Pub. L. 102-581 provided that: "The amendment

made by subsection (a) [amending this section] shall take effect as

if included in section 11213 of the Revenue Reconciliation Act of

1990 [Pub. L. 101-508, title XI] on the date of the enactment of

such Act [Nov. 5, 1990]."

EFFECTIVE DATE OF 1990 AMENDMENT

Amendment by section 11211(b)(6)(G) of Pub. L. 101-508 effective

Dec. 1, 1990, see section 11211(b)(7) of Pub. L. 101-508, set out

as a note under section 4041 of this title.

EFFECTIVE DATE OF 1989 AMENDMENT

Amendment by Pub. L. 101-239 effective as if included in the

provision of the Revenue Act of 1987, Pub. L. 100-203, title X, to

which such amendment relates, see section 7823 of Pub. L. 101-239,

set out as a note under section 26 of this title.

EFFECTIVE DATE OF 1987 AMENDMENT

Amendment by section 10502(d)(12) of Pub. L. 100-203 applicable

to sales after Mar. 31, 1988, see section 10502(e) of Pub. L.

100-203, set out as a note under section 40 of this title.

Section 10502(g) of Pub. L. 100-203 provided that the amendment

made by that section is effective Dec. 31, 1987.

EFFECTIVE DATE OF 1986 AMENDMENT

Amendment by Pub. L. 99-499 effective Jan. 1, 1987, see section

521(e) of Pub. L. 99-499, set out as a note under section 4041 of

this title.

EFFECTIVE DATE OF 1984 AMENDMENT

Amendment by section 474(r)(42) of Pub. L. 98-369 applicable to

taxable years beginning after Dec. 31, 1983, and to carrybacks from

such years, see section 475(a) of Pub. L. 98-369, set out as a note

under section 21 of this title.

Amendment by section 735(c)(15) of Pub. L. 98-369 effective,

except as otherwise provided, as if included in the provisions of

the Highway Revenue Act of 1982, title V of Pub. L. 97-424, to

which such amendment relates, see section 736 of Pub. L. 98-369,

set out as a note under section 4051 of this title.

EFFECTIVE DATE; SAVINGS PROVISION

Section 281(d) of Pub. L. 97-248 provided that:

"(1) In general. - The amendments made by this section [enacting

this section, amending section 9501 of this title, and repealing

section 1742 of former Title 49, Transportation, and provisions

which had amended a note set out under section 120 of Title 23,

Highways] shall take effect on September 1, 1982.

"(2) Savings provisions. - The Airport and Airway Trust Fund

established by the amendments made by this section shall be treated

for all purposes of law as the continuation of the Airport and

Airway Trust Fund established by section 208 of the Airport and

Airway Revenue Act of 1970 [section 208 of Pub. L. 91-258, May 21,

1970, 84 Stat. 250, enacted section 1742 of former Title 49 and

amended provisions set out as a note under section 120 of Title

23]. Any reference in any law to the Airport and Airway Trust Fund

established by such section 208 shall be deemed to include a

reference to the Airport and Airway Trust Fund established by the

amendments made by this section."

-SECREF-

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in section 9503 of this title; title

49 sections 41737, 44716, 47107, 48101, 48102, 48103, 48104, 48106,

48107, 48108, 48110, 48201.

-FOOTNOTE-

(!1) So in original. A closing parenthesis probably should precede

the comma.

-End-

-CITE-

26 USC Sec. 9503 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter A - Establishment of Trust Funds

-HEAD-

Sec. 9503. Highway Trust Fund

-STATUTE-

(a) Creation of Trust Fund

There is established in the Treasury of the United States a trust

fund to be known as the "Highway Trust Fund", consisting of such

amounts as may be appropriated or credited to the Highway Trust

Fund as provided in this section or section 9602(b).

(b) Transfer to Highway Trust Fund of amounts equivalent to certain

taxes

(1) In general

There are hereby appropriated to the Highway Trust Fund amounts

equivalent to the taxes received in the Treasury before October

1, 2005, under the following provisions -

(A) section 4041 (relating to taxes on diesel fuels and

special motor fuels),

(B) section 4051 (relating to retail tax on heavy trucks and

trailers),

(C) section 4071 (relating to tax on tires),

(D) section 4081 (relating to tax on gasoline, diesel fuel,

and kerosene), and

(E) section 4481 (relating to tax on use of certain

vehicles).

(2) Liabilities incurred before October 1, 2005

There are hereby appropriated to the Highway Trust Fund amounts

equivalent to the taxes which are received in the Treasury after

September 30, 2005, and before July 1, 2006, and which are

attributable to liability for tax incurred before October 1,

2005, under the provisions described in paragraph (1).

(3) Adjustments for aviation uses

The amounts described in paragraphs (1) and (2) with respect to

any period shall (before the application of this subsection) be

reduced by appropriate amounts to reflect any amounts transferred

to the Airport and Airway Trust Fund under section 9502(b) with

respect to such period.

(4) Certain taxes not transferred to Highway Trust Fund

For purposes of paragraphs (1) and (2), there shall not be

taken into account the taxes imposed by -

(A) section 4041(d),

(B) section 4081 to the extent attributable to the rate

specified in section 4081(a)(2)(B),

(C) section 4041 or 4081 to the extent attributable to fuel

used in a train,

(D) in the case of gasoline and special motor fuels used as

described in paragraph (4)(D) or (5)(B) of subsection (c),

section 4041 or 4081 with respect to so much of the rate of tax

as exceeds -

(i) 11.5 cents per gallon with respect to taxes imposed

before October 1, 2001,

(ii) 13 cents per gallon with respect to taxes imposed

after September 30, 2001, and before October 1, 2003, and

(iii) 13.5 cents per gallon with respect to taxes imposed

after September 30, 2003, and before October 1, 2005,

(E) in the case of fuels described in section 4041(b)(2)(A),

4041(k), or 4081(c), section 4041 or 4081 before October 1,

2005, with respect to a rate equal to 2.5 cents per gallon, or

(F) in the case of fuels described in section 4081(c)(2),

such section before October 1, 2005, with respect to a rate

equal to 2.8 cents per gallon.

(5) Limitation on transfers to Highway Trust Fund

(A) In general

Except as provided in subparagraph (B), no amount may be

appropriated to the Highway Trust Fund on and after the date of

any expenditure from the Highway Trust Fund which is not

permitted by this section. The determination of whether an

expenditure is so permitted shall be made without regard to -

(i) any provision of law which is not contained or

referenced in this title or in a revenue Act, and

(ii) whether such provision of law is a subsequently

enacted provision or directly or indirectly seeks to waive

the application of this paragraph.

(B) Exception for prior obligations

Subparagraph (A) shall not apply to any expenditure to

liquidate any contract entered into (or for any amount

otherwise obligated) before October 1, 2003, in accordance with

the provisions of this section.

(c) Expenditures from Highway Trust Fund

(1) Federal-aid highway program

Except as provided in subsection (e), amounts in the Highway

Trust Fund shall be available, as provided by appropriation Acts,

for making expenditures before October 1, 2003, to meet those

obligations of the United States heretofore or hereafter incurred

which are -

(A) authorized by law to be paid out of the Highway Trust

Fund established by section 209 of the Highway Revenue Act of

1956,

(B) authorized to be paid out of the Highway Trust Fund under

title I or II of the Surface Transportation Assistance Act of

1982,

(C) authorized to be paid out of the Highway Trust Fund under

the Surface Transportation and Uniform Relocation Assistance

Act of 1987,

(D) authorized to be paid out of the Highway Trust Fund under

the Intermodal Surface Transportation Efficiency Act of 1991,

or

(E) authorized to be paid out of the Highway Trust Fund under

the Transportation Equity Act for the 21st Century.

In determining the authorizations under the Acts referred to in

the preceding subparagraphs, such Acts shall be applied as in

effect on the date of the enactment of the TEA 21 Restoration

Act.

(2) Transfers from Highway Trust Fund for certain repayments and

credits

(A) In general

The Secretary shall pay from time to time from the Highway

Trust Fund into the general fund of the Treasury amounts

equivalent to -

(i) the amounts paid before July 1, 2006, under -

(I) section 6420 (relating to amounts paid in respect of

gasoline used on farms),

(II) section 6421 (relating to amounts paid in respect of

gasoline used for certain nonhighway purposes or by local

transit systems), and

(III) section 6427 (relating to fuels not used for

taxable purposes),

on the basis of claims filed for periods ending before

October 1, 2005, and

(ii) the credits allowed under section 34 (relating to

credit for certain uses of fuel) with respect to fuel used

before October 1, 2005.

The amounts payable from the Highway Trust Fund under this

subparagraph or paragraph (3) shall be determined by taking

into account only the portion of the taxes which are deposited

into the Highway Trust Fund.

(B) Transfers based on estimates

Transfers under subparagraph (A) shall be made on the basis

of estimates by the Secretary, and proper adjustments shall be

made in amounts subsequently transferred to the extent prior

estimates were in excess or less than the amounts required to

be transferred.

(C) Exception for use in aircraft and motorboats

This paragraph shall not apply to amounts estimated by the

Secretary as attributable to use of gasoline and special fuels

in motorboats or in aircraft.

(3) Floor stocks refunds

The Secretary shall pay from time to time from the Highway

Trust Fund into the general fund of the Treasury amounts

equivalent to the floor stocks refunds made before July 1, 2006,

under section 6412(a).

(4) Transfers from the Trust Fund for motorboat fuel taxes

(A) Transfer to Boat Safety Account

(i) In general

The Secretary shall pay from time to time from the Highway

Trust Fund into the Boat Safety Account in the Aquatic

Resources Trust Fund amounts (as determined by him)

equivalent to the motorboat fuel taxes received on or after

October 1, 1980, and before October 1, 2005.

(ii) Limitations

(I) Limit on transfers during any fiscal year

The aggregate amount transferred under this subparagraph

during any fiscal year shall not exceed $60,000,000 for

each of fiscal years 1989 and 1990 and $70,000,000 for each

fiscal year thereafter.

(II) Limit on amount in fund

No amount shall be transferred under this subparagraph if

the Secretary determines that such transfer would result in

increasing the amount in the Boat Safety Account to a sum

in excess of $60,000,000 for each of fiscal years 1989 and

1990 and $70,000,000 for each fiscal year thereafter.

In making the determination under subclause (II) for any

fiscal year, the Secretary shall not take into account any

amount appropriated from the Boat Safety Account in any

preceding fiscal year but not distributed.

(B) $1,000,000 per year of excess transferred to land and water

conservation fund

(i) In general

Any amount received in the Highway Trust Fund -

(I) which is attributable to motorboat fuel taxes, and

(II) which is not transferred from the Highway Trust Fund

under subparagraph (A),

shall be transferred (subject to the limitation of clause

(ii)) by the Secretary from the Highway Trust Fund into the

land and water conservation fund provided for in title I of

the Land and Water Conservation Fund Act of 1965.

(ii) Limitation

The aggregate amount transferred under this subparagraph

during any fiscal year shall not exceed $1,000,000.

(C) Excess funds transferred to Sport Fish Restoration Account

Any amount received in the Highway Trust Fund -

(i) which is attributable to motorboat fuel taxes, and

(ii) which is not transferred from the Highway Trust Fund

under subparagraph (A) or (B),

shall be transferred by the Secretary from the Highway Trust

Fund into the Sport Fish Restoration Account in the Aquatic

Resources Trust Fund.

(D) Motorboat fuel taxes

For purposes of this paragraph, the term "motorboat fuel

taxes" means the taxes under section 4041(a)(2) with respect to

special motor fuels used as fuel in motorboats and under

section 4081 with respect to gasoline used as fuel in

motorboats, but only to the extent such taxes are deposited

into the Highway Trust Fund.

(E) Determination

The amount of payments made under this paragraph after

October 1, 1986 shall be determined by the Secretary in

accordance with the methodology described in the Treasury

Department's Report to Congress of June 1986 entitled "Gasoline

Excise Tax Revenues Attributable to Fuel Used in Recreational

Motorboats."

(5) Transfers from the Trust Fund for small-engine fuel taxes

(A) In general

The Secretary shall pay from time to time from the Highway

Trust Fund into the Sport Fish Restoration Account in the

Aquatic Resources Trust Fund amounts (as determined by him)

equivalent to the small-engine fuel taxes received on or after

December 1, 1990, and before October 1, 2005.

(B) Small-engine fuel taxes

For purposes of this paragraph, the term "small-engine fuel

taxes" means the taxes under section 4081 with respect to

gasoline used as a fuel in the nonbusiness use of small-engine

outdoor power equipment, but only to the extent such taxes are

deposited into the Highway Trust Fund.

(d) Adjustments of apportionments

(1) Estimates of unfunded highway authorizations and net highway

receipts

The Secretary of the Treasury, not less frequently than once in

each calendar quarter, after consultation with the Secretary of

Transportation, shall estimate -

(A) the amount which would (but for this subsection) be the

unfunded highway authorizations at the close of the next fiscal

year, and

(B) the net highway receipts for the 24-month period

beginning at the close of such fiscal year.

(2) Procedure where there is excess unfunded highway

authorizations

If the Secretary of the Treasury determines for any fiscal year

that the amount described in paragraph (1)(A) exceeds the amount

described in paragraph (1)(B) -

(A) he shall so advise the Secretary of Transportation, and

(B) he shall further advise the Secretary of Transportation

as to the amount of such excess.

(3) Adjustment of apportionments where unfunded authorizations

exceed 2 years' receipts

(A) Determination of percentage

If, before any apportionment to the States is made, in the

most recent estimate made by the Secretary of the Treasury

there is an excess referred to in paragraph (2)(B), the

Secretary of Transportation shall determine the percentage

which -

(i) the excess referred to in paragraph (2)(B), is of

(ii) the amount authorized to be appropriated from the

Trust Fund for the fiscal year for apportionment to the

States.

If, but for this sentence, the most recent estimate would be

one which was made on a date which will be more than 3 months

before the date of the apportionment, the Secretary of the

Treasury shall make a new estimate under paragraph (1) for the

appropriate fiscal year.

(B) Adjustment of apportionments

If the Secretary of Transportation determines a percentage

under subparagraph (A) for purposes of any apportionment,

notwithstanding any other provision of law, the Secretary of

Transportation shall apportion to the States (in lieu of the

amount which, but for the provisions of this subsection, would

be so apportioned) the amount obtained by reducing the amount

authorized to be so apportioned by such percentage.

(4) Apportionment of amounts previously withheld from

apportionment

If, after funds have been withheld from apportionment under

paragraph (3)(B), the Secretary of the Treasury determines that

the amount described in paragraph (1)(A) does not exceed the

amount described in paragraph (1)(B) or that the excess described

in paragraph (1)(B) is less than the amount previously

determined, he shall so advise the Secretary of Transportation.

The Secretary of Transportation shall apportion to the States

such portion of the funds so withheld from apportionment as the

Secretary of the Treasury has advised him may be so apportioned

without causing the amount described in paragraph (1)(A) to

exceed the amount described in paragraph (1)(B). Any funds

apportioned pursuant to the preceding sentence shall remain

available for the period for which they would be available if

such apportionment took effect with the fiscal year in which they

are apportioned pursuant to the preceding sentence.

(5) Definitions

For purposes of this subsection -

(A) Unfunded highway authorizations

The term "unfunded highway authorizations" means, at any

time, the excess (if any) of -

(i) the total potential unpaid commitments at such time as

a result of the apportionment to the States of the amounts

authorized to be appropriated from the Highway Trust Fund,

over

(ii) the amount available in the Highway Trust Fund at such

time to defray such commitments (after all other unpaid

commitments at such time which are payable from the Highway

Trust Fund have been defrayed).

(B) Net highway receipts

The term "net highway receipts" means, with respect to any

period, the excess of -

(i) the receipts (including interest) of the Highway Trust

Fund during such period, over

(ii) the amounts to be transferred during such period from

such Fund under subsection (c) (other than paragraph (1)

thereof).

(6) Reports

Any estimate under paragraph (1) and any determination under

paragraph (2) shall be reported by the Secretary of the Treasury

to the Committee on Ways and Means of the House of

Representatives, the Committee on Finance of the Senate, the

Committees on the Budget of both Houses, the Committee on Public

Works and Transportation of the House of Representatives, and the

Committee on Environment and Public Works of the Senate.

(e) Establishment of Mass Transit Account

(1) Creation of account

There is established in the Highway Trust Fund a separate

account to be known as the "Mass Transit Account" consisting of

such amounts as may be transferred or credited to the Mass

Transit Account as provided in this subsection or section

9602(b).

(2) Transfers to Mass Transit Account

The Secretary of the Treasury shall transfer to the Mass

Transit Account the mass transit portion of the amounts

appropriated to the Highway Trust Fund under subsection (b) which

are attributable to taxes under sections 4041 and 4081 imposed

after March 31, 1983. For purposes of the preceding sentence, the

term "mass transit portion" means, for any fuel with respect to

which tax was imposed under section 4041 or 4081 and otherwise

deposited into the Highway Trust Fund, the amount determined at

the rate of -

(A) except as otherwise provided in this sentence, 2.86 cents

per gallon,

(B) 1.43 cents per gallon in the case of any partially exempt

methanol or ethanol fuel (as defined in section 4041(m)) none

of the alcohol in which consists of ethanol,

(C) 1.86 cents per gallon in the case of liquefied natural

gas,

(D) 2.13 cents per gallon in the case of liquefied petroleum

gas, and

(E) 9.71 cents per MCF (determined at standard temperature

and pressure) in the case of compressed natural gas.

(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 before October 1, 2003 (including

capital expenditures for new projects) in accordance with -

(A) section 5338(a)(1) or (b)(1) of title 49,

(B) the Intermodal Surface Transportation Efficiency Act of

1991, or

(C) the Transportation Equity Act for the 21st Century,

as such section and Acts are in effect on the date of the

enactment of the TEA 21 Restoration Act.

(4) Limitation

Rules similar to the rules of subsection (d) shall apply to the

Mass Transit Account.

(5) Portion of certain transfers to be made from account

(A) In general

Transfers under paragraphs (2), (3), and (4) of subsection

(c) shall be borne by the Highway Account and the Mass Transit

Account in proportion to the respective revenues transferred

under this section to the Highway Account (after the

application of paragraph (2)) and the Mass Transit Account.

(B) Highway Account

For purposes of subparagraph (A), the term "Highway Account"

means the portion of the Highway Trust Fund which is not the

Mass Transit Account.

(f) Determination of Trust Fund balances after September 30, 1998

For purposes of determining the balances of the Highway Trust

Fund and the Mass Transit Account after September 30, 1998 -

(1) the opening balance of the Highway Trust Fund (other than

the Mass Transit Account) on October 1, 1998, shall be

$8,000,000,000, and

(2) notwithstanding section 9602(b), obligations held by such

Fund after September 30, 1998, shall be obligations of the United

States which are not interest-bearing.

The Secretary shall cancel obligations held by the Highway Trust

Fund to reflect the reduction in the balance under this subsection.

-SOURCE-

(Added Pub. L. 97-424, title V, Sec. 531(a), Jan. 6, 1983, 96 Stat.

2187; amended Pub. L. 98-369, div. A, title IV, Sec. 474(r)(43),

title IX, Sec. 911(d)(1), title X, Sec. 1016(b), July 18, 1984, 98

Stat. 847, 1006, 1020; Pub. L. 99-499, title V, Sec. 521(b)(1),

Oct. 17, 1986, 100 Stat. 1777; Pub. L. 99-640, Sec. 7(a), Nov. 10,

1986, 100 Stat. 3547; Pub. L. 100-17, title V, Secs. 503(a), (b),

504, Apr. 2, 1987, 101 Stat. 257, 258; Pub. L. 100-203, title X,

Sec. 10502(d)(13)-(15), Dec. 22, 1987, 101 Stat. 1330-444,

1330-445; Pub. L. 100-448, Sec. 6(a)(1), (3), Sept. 28, 1988, 102

Stat. 1839; Pub. L. 101-239, title VII, Sec. 7822(b)(6), Dec. 19,

1989, 103 Stat. 2425; Pub. L. 101-508, title XI, Sec.

11211(a)(5)(D)-(F), (b)(6)(H), (g)(1), (h)(1), (i)(1), Nov. 5,

1990, 104 Stat. 1388-424, 1388-426, 1388-427; Pub. L. 102-240,

title VIII, Secs. 8002(d)(1), (2)(A), (e), (f), 8003(b), Dec. 18,

1991, 105 Stat. 2204, 2205; Pub. L. 103-66, title XIII, Secs.

13242(d)(34)-(41), 13244(a), Aug. 10, 1993, 107 Stat. 527, 529;

Pub. L. 103-429, Sec. 4, Oct. 31, 1994, 108 Stat. 4378; Pub. L.

105-34, title IX, Sec. 901(a)-(d), title X, Sec. 1032(e)(13), (14),

title XVI, Sec. 1601(f)(2), Aug. 5, 1997, 111 Stat. 871, 872, 935,

1090; Pub. L. 105-102, Sec. 1, Nov. 20, 1997, 111 Stat. 2204; Pub.

L. 105-130, Sec. 9(a), Dec. 1, 1997, 111 Stat. 2560; Pub. L.

105-178, title IX, Secs. 9002(c)(1), (2)(A), (3)-(e)(1), (f),

9004(a)(1), (b)(1), (c), (d), 9005(a), 9011(b)(1), (2), June 9,

1998, 112 Stat. 500, 501, 503, 504, 508; Pub. L. 105-206, title IX,

Sec. 9015(a), July 22, 1998, 112 Stat. 867; Pub. L. 105-225, Sec.

7(a), Aug. 12, 1998, 112 Stat. 1511; Pub. L. 105-277, div. A, title

IV, Sec. 4006(b)(1), Oct. 21, 1998, 112 Stat. 2681-912; Pub. L.

105-354, Sec. 2(c)(2), Nov. 3, 1998, 112 Stat. 3244; Pub. L.

106-554, Sec. 1(a)(7) [title III, Sec. 318(e)(1)], Dec. 21, 2000,

114 Stat. 2763, 2763A-645.)

-REFTEXT-

REFERENCES IN TEXT

Section 209 of the Highway Revenue Act of 1956, referred to in

subsec. (c)(1)(A), is section 209 of act June 29, 1956, ch. 462,

title II, 70 Stat. 397, which was set out as a note under section

120 of Title 23, Highways. Section 209 was repealed, except for

subsection (b) thereof, by Pub. L. 97-424, title V, Sec. 531(b),

Jan. 6, 1983, 96 Stat. 2191.

The Surface Transportation Assistance Act of 1982, referred to in

subsec. (c)(1)(B), is Pub. L. 97-424, Jan. 6, 1983, 96 Stat. 2097.

Titles I and II of that Act are known as the Highway Improvement

Act of 1982 and the Highway Safety Act of 1982, respectively. For

complete classification of these Acts to the Code, see Short Title

of 1983 Amendment notes set out under sections 101 and 401,

respectively, of Title 23, Highways, and Tables.

The Surface Transportation and Uniform Relocation Assistance Act

of 1987, referred to in subsec. (c)(1)(C), is Pub. L. 100-17, Apr.

2, 1987, 101 Stat. 132. For complete classification of this Act to

the Code, see Short Title of 1987 Amendment note set out under

section 101 of Title 23 and Tables.

The Intermodal Surface Transportation Efficiency Act of 1991,

referred to in subsecs. (c)(1)(D) and (e)(3)(B), is Pub. L.

102-240, Dec. 18, 1991, 105 Stat. 1914, as amended. For complete

classification of this Act to the Code, see Short Title of 1991

Amendment note set out under section 101 of Title 49,

Transportation, and Tables.

The Transportation Equity Act for the 21st Century, referred to

in subsecs. (c)(1)(E) and (e)(3)(C), is Pub. L. 105-178, June 9,

1998, 112 Stat. 107, as amended. For complete classification of

this Act to the Code, see section 1(a) of Pub. L. 105-178, set out

as a Short Title of 1998 Amendment note under section 101 of Title

23, Highways, and Tables.

The date of the enactment of the TEA 21 Restoration Act, referred

to in subsecs. (c)(1) and (e)(3), is the date of enactment of title

IX of Pub. L. 105-206, which was approved July 22, 1998.

The Land and Water Conservation Fund Act of 1965, referred to in

subsec. (c)(4)(B)(i), is Pub. L. 88-578, Sept. 3, 1964, 78 Stat.

897, as amended. Title I of that Act is classified generally to

part B (Sec. 460l-4 et seq.) of subchapter LXIX of chapter 1 of

Title 16, Conservation. For complete classification of this Act to

the Code, see Short Title note set out under section 460l-4 of

Title 16 and Tables.

-MISC1-

AMENDMENTS

2000 - Subsec. (b)(5), (6). Pub. L. 106-554 redesignated par. (6)

as (5) and struck out heading and text of former par. (5). Text

read as follows: "For purposes of this section, the amounts which

would (but for this paragraph) be required to be appropriated under

subparagraphs (A) and (E) of paragraph (1) shall be reduced by -

"(A) 0.6 cent per gallon in the case of taxes imposed on any

mixture at least 10 percent of which is alcohol (as defined in

section 4081(c)(3)) if any portion of such alcohol is ethanol,

and

"(B) 0.67 cent per gallon in the case of gasoline, diesel fuel,

or kerosene used in producing a mixture described in subparagraph

(A)."

1998 - Subsec. (b)(1). Pub. L. 105-178, Sec. 9002(c)(1)(A),

substituted "2005" for "1999" in introductory provisions.

Subsec. (b)(1)(C) to (F). Pub. L. 105-178, Sec. 9002(f)(1),

struck out "and tread rubber" after "tires" in subpar. (D),

redesignated subpars. (D) to (F) as (C) to (E), respectively, and

struck out former subpar. (C) which read as follows: "section 4061

(relating to tax on trucks and truck parts),".

Subsec. (b)(2). Pub. L. 105-178, Sec. 9002(c)(1), substituted

"2005" for "1999" wherever appearing in heading and text and

substituted "2006" for "2000" in text.

Subsec. (b)(4)(D). Pub. L. 105-178, Sec. 9005(a)(1), substituted

"exceeds -

"(i) 11.5 cents per gallon with respect to taxes imposed before

October 1, 2001,

"(ii) 13 cents per gallon with respect to taxes imposed after

September 30, 2001, and before October 1, 2003, and

"(iii) 13.5 cents per gallon with respect to taxes imposed

after September 30, 2003, and before October 1, 2005," for

"exceeds 11.5 cents per gallon,".

Pub. L. 105-178, Sec. 9011(b)(2), amended subpar. (D) generally.

Prior to amendment, subpar. (D) read as follows: "in the case of

fuels used as described in paragraph (4)(D), (5)(B), or (6)(D) of

subsection (c), section 4041 or 4081 -

"(i) with respect to so much of the rate of tax on gasoline or

special motor fuels as exceeds 11.5 cents per gallon, and

"(ii) with respect to so much of the rate of tax on diesel fuel

or kerosene as exceeds 17.5 cents per gallon,".

Subsec. (b)(4)(E), (F). Pub. L. 105-178, Sec. 9002(c)(1)(A),

substituted "2005" for "1999".

Subsec. (b)(6). Pub. L. 105-178, Sec. 9004(c), added par. (6).

Subsec. (c)(1). Pub. L. 105-178, Sec. 9002(f)(4), as added by

Pub. L. 105-206, Sec. 9015(a), substituted "the date of the

enactment of the TEA 21 Restoration Act" for "the date of enactment

of the Transportation Equity Act for the 21st Century" in

concluding provisions.

Pub. L. 105-178, Sec. 9002(d)(1), substituted "2003" for "1998"

in introductory provisions, added subpar. (E), and substituted in

concluding provisions "In determining the authorizations under the

Acts referred to in the preceding subparagraphs, such Acts shall be

applied as in effect on the date of enactment of the Transportation

Equity Act for the 21st Century." for "In determining the

authorizations under the Acts referred to in the preceding

subparagraphs, such Acts shall be applied as in effect on the date

of the enactment of this sentence."

Subsec. (c)(2)(A)(i). Pub. L. 105-178, Sec. 9002(c)(1),

substituted "2006" for "2000" in introductory provisions and "2005"

for "1999" in concluding provisions.

Subsec. (c)(2)(A)(i)(II) to (IV). Pub. L. 105-178, Sec.

9002(f)(2), inserted "and" at end of subcl. (II), redesignated

subcl. (IV) as (III), and struck out former subcl. (III) which read

as follows: "section 6424 (relating to amounts paid in respect of

lubricating oil used for certain nontaxable purposes), and".

Subsec. (c)(2)(A)(ii). Pub. L. 105-178, Sec. 9002(c)(1)(A),

(f)(3), substituted "fuel" for "gasoline, special fuels, and

lubricating oil" in two places and "2005" for "1999".

Subsec. (c)(3). Pub. L. 105-178, Sec. 9002(c)(3), substituted

"Floor stocks refunds" for "2005 floor stocks refunds" in heading.

Pub. L. 105-178, Sec. 9002(c)(1), substituted "2005" for "1999"

in heading and "2006" for "2000" in text.

Subsec. (c)(4)(A)(i). Pub. L. 105-178, Sec. 9002(c)(2)(A),

substituted "2005" for "1998".

Subsec. (c)(4)(A)(ii). Pub. L. 105-178, Sec. 9005(a)(2), inserted

concluding provisions.

Subsec. (c)(5)(A). Pub. L. 105-178, Sec. 9002(c)(2)(A),

substituted "2005" for "1998".

Subsec. (c)(6). Pub. L. 105-178, Sec. 9011(b)(1), struck out

heading and text of par. (6) which related to transfers from

Highway Trust Fund to National Recreational Trails Trust Fund of

revenues received from nonhighway recreational fuel taxes.

Subsec. (c)(7). Pub. L. 105-178, Sec. 9004(b)(1), struck out

heading and text of par. (7). Prior to amendment, text read as

follows: "Notwithstanding any other provision of law, in

calculating amounts under section 157(a) of title 23, United States

Code, and sections 1013(c), 1015(a), and 1015(b) of the Intermodal

Surface Transportation Efficiency Act of 1991 (Public Law 102-240;

105 Stat. 1914), deposits in the Highway Trust Fund resulting from

the amendments made by the Taxpayer Relief Act of 1997 shall not be

taken into account."

Subsec. (e)(2). Pub. L. 105-178, Sec. 9002(e)(1), substituted

"For purposes of the preceding sentence, the term 'mass transit

portion' means, for any fuel with respect to which tax was imposed

under section 4041 or 4081 and otherwise deposited into the Highway

Trust Fund, the amount determined at the rate of -

"(A) except as otherwise provided in this sentence, 2.86 cents

per gallon,

"(B) 1.43 cents per gallon in the case of any partially exempt

methanol or ethanol fuel (as defined in section 4041(m)) none of

the alcohol in which consists of ethanol,

"(C) 1.86 cents per gallon in the case of liquefied natural

gas,

"(D) 2.13 cents per gallon in the case of liquefied petroleum

gas, and

"(E) 9.71 cents per MCF (determined at standard temperature and

pressure) in the case of compressed natural gas." for "For

purposes of the preceding sentence, the term 'mass transit

portion' means an amount determined at the rate of 2.85 cents for

each gallon with respect to which tax was imposed under section

4041 or 4081."

Subsec. (e)(3). Pub. L. 105-225, Sec. 7(a), which added second

period at the end of par. (3), was repealed by Pub. L. 105-354.

Pub. L. 105-178, Sec. 9002(f)(5), as added by Pub. L. 105-206,

Sec. 9015(a), substituted "the date of the enactment of the TEA 21

Restoration Act" for "the date of enactment of the Transportation

Equity Act for the 21st Century" in concluding provisions.

Pub. L. 105-178, Sec. 9002(d)(2), substituted "2003" for "1998"

in introductory provisions, added subpar. (C), and substituted "as

such section and Acts are in effect on the date of enactment of the

Transportation Equity Act for the 21st Century." for "as section

5338(a)(1) or (b)(1) and the Intermodal Surface Transportation

Efficiency Act of 1991 were in effect on December 18, 1991" in

concluding provisions.

Subsec. (e)(4). Pub. L. 105-178, Sec. 9004(d), reenacted heading

without change and amended text of par. (4) generally. Prior to

amendment, text read as follows: "Rules similar to the rules of

subsection (d) shall apply to the Mass Transit Account except that

subsection (d)(1) shall be applied by substituting '12-month' for

'24-month'."

Subsec. (f). Pub. L. 105-178, Sec. 9004(a)(1), added subsec. (f).

Subsec. (f)(2). Pub. L. 105-277 amended par. (2) generally. Prior

to amendment, par. (2) read as follows: "no interest accruing after

September 30, 1998, on any obligation held by such Fund shall be

credited to such Fund."

1997 - Subsec. (b)(1)(E). Pub. L. 105-34, Sec. 1032(e)(13),

substituted ", diesel fuel, and kerosene" for "and diesel fuel".

Subsec. (b)(4). Pub. L. 105-34, Sec. 901(a), amended heading and

text of par. (4) generally. Prior to amendment, text read as

follows: "For purposes of paragraphs (1) and (2) -

"(A) there shall not be taken into account the taxes imposed by

section 4041(d), and

"(B) there shall be taken into account the taxes imposed by

sections 4041 and 4081 only to the extent attributable to the

Highway Trust Fund financing rate."

Subsec. (b)(5)(B). Pub. L. 105-34, Sec. 1032(e)(14), substituted

", diesel fuel, or kerosene" for "or diesel fuel".

Subsec. (c)(1). Pub. L. 105-130, Sec. 9(a)(1)(A), substituted

"1998" for "1997" in introductory provisions and, in concluding

provisions, substituted "In determining the authorizations under

the Acts referred to in the preceding subparagraphs, such Acts

shall be applied as in effect on the date of the enactment of this

sentence." for "In determining the authorizations under the Acts

referred to in the preceding subparagraphs, such Acts shall be

applied as in effect on the date of the enactment of the Intermodal

Surface Transportation Efficiency Act of 1991."

Subsec. (c)(2)(A). Pub. L. 105-34, Sec. 901(d)(2), in concluding

provisions, substituted "by taking into account only the portion of

the taxes which are deposited into the Highway Trust Fund" for "by

taking into account only the Highway Trust Fund financing rate

applicable to any fuel".

Subsec. (c)(2)(A)(ii). Pub. L. 105-34, Sec. 1601(f)(2), struck

out "(or with respect to qualified diesel-powered highway vehicles

purchased before January 1, 1999)" after "October 1, 1999".

Subsec. (c)(4)(A)(i). Pub. L. 105-130, Sec. 9(a)(1)(B),

substituted "1998" for "1997".

Subsec. (c)(4)(D). Pub. L. 105-34, Sec. 901(d)(3), substituted

"deposited into the Highway Trust Fund" for "attributable to the

Highway Trust Fund financing rate".

Subsec. (c)(5)(A). Pub. L. 105-130, Sec. 9(a)(1)(C), substituted

"1998" for "1997".

Subsec. (c)(5)(B), (6)(D). Pub. L. 105-34, Sec. 901(d)(3),

substituted "deposited into the Highway Trust Fund" for

"attributable to the Highway Trust Fund financing rate".

Subsec. (c)(6)(E). Pub. L. 105-130, Sec. 9(a)(1)(D), substituted

"1998" for "1997".

Subsec. (c)(7). Pub. L. 105-34, Sec. 901(c), added par. (7).

Subsec. (e)(2). Pub. L. 105-34, Sec. 901(b), substituted "2.85

cents" for "2 cents".

Subsec. (e)(3). Pub. L. 105-130, Sec. 9(a)(2)(A), substituted

"1998" for "1997" in introductory provisions.

Pub. L. 105-130, Sec. 9(a)(2)(B), which directed substitution of

"the enactment of the last sentence of subsection (c)(1)" for "the

enactment of the Intermodal Surface Transportation Efficiency Act

of 1991", could not be executed because the words "the enactment of

the Intermodal Surface Transportation Efficiency Act of 1991" did

not appear subsequent to the amendment by Pub. L. 105-102. See

below.

Pub. L. 105-102, in concluding provisions, substituted "section

5338(a)(1) or (b)(1) and the Intermodal Surface Transportation

Efficiency Act of 1991 were in effect on December 18, 1991" for

"such Acts are in effect on the date of the enactment of the

Intermodal Surface Transportation Efficiency Act of 1991."

Subsec. (e)(5)(A). Pub. L. 105-34, Sec. 1601(f)(2)(B), struck out

"; except that any such transfers to the extent attributable to

section 6427(g) shall be borne only by the Highway Account" before

period at end.

Subsec. (f). Pub. L. 105-34, Sec. 901(d)(1), struck out heading

and text of subsec. (f) which consisted of pars. (1) to (4)

relating to definition of Highway Trust Fund financing rate.

1994 - Subsec. (e)(3)(A). Pub. L. 103-429 substituted "section

5338(a)(1) or (b)(1) of title 49" for "paragraph (1) or (3) of

subsection (a), or paragraph (1) or (3) of subsection (b), of

section 21 of the Federal Transit Act".

1993 - Subsec. (b)(1)(E). Pub. L. 103-66, Sec. 13242(d)(34)(A),

substituted "gasoline and diesel fuel), and" for "gasoline),".

Subsec. (b)(1)(F), (G). Pub. L. 103-66, Sec. 13242(d)(34)(B),

(C), redesignated subpar. (G) as (F) and struck out former subpar.

(F) which read as follows: "section 4091 (relating to tax on diesel

fuel), and".

Subsec. (b)(4). Pub. L. 103-66, Sec. 13242(d)(35)(B), which

directed amendment of subsec. (b)(4)(C) by substituting "4081" for

"4091", could not be executed because subsec. (b)(4) does not

contain a subpar. (C).

Subsec. (b)(4)(B). Pub. L. 103-66, Sec. 13242(b)(35)(A),

substituted "and 4081" for ", 4081, and 4091" and "rate" for "rates

under such sections".

Subsec. (b)(5). Pub. L. 103-66, Sec. 13242(d)(36), substituted

"and (E)" for ", (E), and (F)" in introductory provisions.

Subsec. (c)(4)(D). Pub. L. 103-66, Sec. 13242(d)(38), substituted

"rate" for "rates under such sections".

Subsec. (c)(5)(B). Pub. L. 103-66, Sec. 13242(d)(39), substituted

"rate" for "rate under such section".

Subsec. (c)(6)(D). Pub. L. 103-66, Sec. 13242(d)(37), substituted

"and 4081" for ", 4081, and 4091" in introductory provisions.

Subsec. (e)(2). Pub. L. 103-66, Sec. 13244(a), substituted "2

cents" for "1.5 cents".

Pub. L. 103-66, Sec. 13242(d)(40), substituted "and 4081" for ",

4081, and 4091" and "or 4081" for ", 4081, or 4091".

Subsec. (f). Pub. L. 103-66, Sec. 13242(d)(41), added subsec.

(f).

1991 - Subsec. (b)(1), (2). Pub. L. 102-240, Sec. 8002(d)(1),

substituted "1999" for "1995" and "2000" for "1996" wherever

appearing.

Subsec. (c)(1). Pub. L. 102-240, Sec. 8002(e), substituted "1997"

for "1993" in introductory provisions, added subpar. (D) and

concluding provisions, and struck out former subpar. (D) which read

as follows: "hereafter authorized by a law which does not authorize

the expenditure out of the Highway Trust Fund of any amount for a

general purpose not covered by subparagraph (A), (B), or (C) as in

effect on the date of the enactment of the Surface Transportation

and Uniform Relocation Assistance Act of 1987."

Subsec. (c)(2)(A), (3). Pub. L. 102-240, Sec. 8002(d)(1),

substituted "1999" for "1995" and "2000" for "1996" wherever

appearing.

Subsec. (c)(4)(A)(i), (5)(A). Pub. L. 102-240, Sec.

8002(d)(2)(A), substituted "1997" for "1995".

Subsec. (c)(6). Pub. L. 102-240, Sec. 8003(b), added par. (6).

Subsec. (e)(3). Pub. L. 102-240, Sec. 8002(e)(1), (f), inserted

"or capital-related" after "capital" the first time appearing and

substituted "1997" for "1993" and "in accordance with - " and

subpars. (A) and (B) and concluding provisions for "in accordance

with section 21(a)(2) of the Urban Mass Transportation Act of

1964."

1990 - Subsec. (b)(1), (2). Pub. L. 101-508, Sec. 11211(g)(1),

substituted "1995" for "1993" and "1996" for "1994" wherever

appearing.

Subsec. (b)(4)(B). Pub. L. 101-508, Sec. 11211(a)(5)(D), inserted

reference to section 4041.

Subsec. (b)(5). Pub. L. 101-508, Sec. 11211(a)(5)(F), added par.

(5).

Subsec. (c)(2)(A). Pub. L. 101-508, Sec. 11211(g)(1), substituted

"1995" for "1993" and "1996" for "1994" wherever appearing.

Pub. L. 101-508, Sec. 11211(a)(5)(E), inserted at end "The

amounts payable from the Highway Trust Fund under this subparagraph

or paragraph (3) shall be determined by taking into account only

the Highway Trust Fund financing rate applicable to any fuel."

Subsec. (c)(3), (4)(A)(i). Pub. L. 101-508, Sec. 11211(g)(1),

substituted "1995" for "1993" and "1996" for "1994" wherever

appearing.

Subsec. (c)(4)(D). Pub. L. 101-508, Sec. 11211(b)(6)(H), struck

out "(to the extent attributable to the Highway Trust Fund

financing rate)" after "section 4081" and inserted before period at

end ", but only to the extent such taxes are attributable to the

Highway Trust Fund financing rates under such sections".

Subsec. (c)(5). Pub. L. 101-508, Sec. 11211(i)(1), added par.

(5).

Subsec. (e)(2). Pub. L. 101-508, Sec. 11211(h)(1), substituted

"1.5 cents" for "1 cent".

1989 - Subsec. (b)(4)(A). Pub. L. 101-239 substituted "by section

4041(d)" for "by sections 4041(d)".

1988 - Subsec. (c)(4)(A)(ii)(I), (II). Pub. L. 100-448, Sec.

6(a)(1)(A), (3), substituted "$60,000,000 for each of fiscal years

1989 and 1990 and $70,000,000 for each fiscal year thereafter." for

"$60,000,000" for Fiscal Year 1987 only and $45,000,000 for each

Fiscal Year thereafter;."

Subsec. (c)(4)(E). Pub. L. 100-448, Sec. 6(a)(1)(B), struck out

"Further, a portion of the payments made by the Secretary from

Fiscal Year 1987 motorfuel excise tax receipts shall be used to

increase the funding for boating safety programs during Fiscal Year

1987 only."

1987 - Subsec. (b). Pub. L. 100-17, Sec. 503(a), substituted

"1993" for "1988" wherever appearing, and substituted "1994" for

"1989" in par. (2).

Subsec. (b)(1)(F). Pub. L. 100-203, Sec. 10502(d)(13), added

subpar. (F) and struck out former subpar. (F) which read as

follows: "section 4091 (relating to tax on lubricating oil), and".

Subsec. (b)(4). Pub. L. 100-203, Sec. 10502(d)(14), amended par.

(4) generally. Prior to amendment, par. (4) read as follows: "For

purposes of paragraphs (1) and (2), there shall not be taken into

account the taxes imposed by section 4041(d) and so much of the

taxes imposed by section 4081 as is attributable to the Leaking

Underground Storage Tank Trust Fund financing rate."

Subsec. (c). Pub. L. 100-17, Sec. 503(a), substituted "1993" for

"1988" wherever appearing and "1994" for "1989" wherever appearing.

Subsec. (c)(1)(C), (D). Pub. L. 100-17, Sec. 503(b), added

subpars. (C) and (D) and struck out former subpar. (C) which read

as follows: "hereafter authorized by a law which does not authorize

the expenditure out of the Highway Trust Fund of any amount for a

general purpose not covered by subparagraph (A) or (B) as in effect

on December 31, 1982."

Subsec. (e)(2). Pub. L. 100-203, Sec. 10502(d)(15), substituted

"sections 4041, 4081, and 4091" for "sections 4041 and 4081" and

"section 4041, 4081, or 4091" for "section 4041 or 4081".

Subsec. (e)(3). Pub. L. 100-17, Sec. 503(a)(1), substituted

"1993" for "1988".

Subsec. (e)(5). Pub. L. 100-17, Sec. 504, added par. (5).

1986 - Subsec. (b)(4). Pub. L. 99-499, Sec. 521(b)(1)(A), added

par. (4).

Subsec. (c)(4)(A)(ii). Pub. L. 99-640, Sec. 7(a)(1), substituted

"$60,000,000" for Fiscal Year 1987 only and $45,000,000 for each

Fiscal Year thereafter;" for "$45,000,000" in two places.

Subsec. (c)(4)(D). Pub. L. 99-499, Sec. 521(b)(1)(B), inserted

"(to the extent attributable to the Highway Trust Fund financing

rate)" after "section 4081".

Subsec. (c)(4)(E). Pub. L. 99-640, Sec. 7(a)(2), added subpar.

(E).

1984 - Subsec. (c)(2)(A)(ii). Pub. L. 98-369, Sec. 474(r)(43),

substituted "section 34" for "section 39".

Pub. L. 98-369, Sec. 911(d)(1)(B), inserted "(or with respect to

qualified diesel-powered highway vehicles purchased before January

1, 1988)".

Subsec. (c)(4)(A). Pub. L. 98-369, Sec. 1016(b)(1)(C),

substituted "Boat Safety Account" for "National Recreational

Boating Safety and Facilities Improvement Fund" in heading.

Subsec. (c)(4)(A)(i). Pub. L. 98-369, Sec. 1016(b)(1)(A),

substituted "the Boat Safety Account in the Aquatic Resources Trust

Fund" for "the National Recreational Boating Safety and Facilities

Improvement Fund established by section 202 of the Recreational

Boating Fund Act".

Subsec. (c)(4)(A)(ii)(II). Pub. L. 98-369, Sec. 1016(b)(1)(B),

substituted "the amount in the Boat Safety Account" for "the amount

in the National Recreational Boating and Facilities Improvement

Fund".

Subsec. (c)(4)(B) to (D). Pub. L. 98-369, Sec. 1016(b)(2), added

subpars. (B) and (C), redesignated former subpar. (C) as (D), and

struck out former subpar. (B) which provided for the transfer of

excess funds to the Land and Water Conservation Fund.

Subsec. (e)(2). Pub. L. 98-369, Sec. 911(d)(1)(A), amended par.

(2) generally, substituting "the mass transit portion" for

"one-ninth", and inserting provision defining mass transit portion

as an amount determined at the rate of 1 cent for each gallon with

respect to which tax was imposed under section 4041 or 4081.

-CHANGE-

CHANGE OF NAME

Committee on Public Works and Transportation of House of

Representatives treated as referring to Committee on Transportation

and Infrastructure of House of Representatives by section 1(a) of

Pub. L. 104-14, set out as a note preceding section 21 of Title 2,

The Congress.

-MISC2-

EFFECTIVE DATE OF 2000 AMENDMENT

Pub. L. 106-554, Sec. 1(a)(7) [title III, Sec. 318(e)(2)], Dec.

21, 2000, 114 Stat. 2763, 2763A-646, provided that: "The amendment

made by paragraph (1) [amending this section] shall apply with

respect to taxes received in the Treasury after the date of the

enactment of this Act [Dec. 21, 2000]."

EFFECTIVE DATE OF 1998 AMENDMENTS

Pub. L. 105-354, Sec. 2(c), Nov. 3, 1998, 112 Stat. 3244,

provided that the amendment made by section 2(c)(2) is effective

Aug. 12, 1998.

Pub. L. 105-277, div. J, title IV, Sec. 4006(b)(2), Oct. 21,

1998, 112 Stat. 2681-912, provided that: "The amendment made by

paragraph (1) [amending this section] shall take effect on October

1, 1998."

Title IX of Pub. L. 105-206 effective simultaneously with

enactment of Pub. L. 105-178 and to be treated as included in Pub.

L. 105-178 at time of enactment, and provisions of Pub. L. 105-178,

as in effect on day before July 22, 1998, that are amended by title

IX of Pub. L. 105-206 to be treated as not enacted, see section

9016 of Pub. L. 105-206, set out as a note under section 101 of

Title 23, Highways.

Pub. L. 105-178, title IX, Sec. 9002(e)(2), June 9, 1998, 112

Stat. 501, provided that: "The amendment made by paragraph (1)

[amending this section] shall take effect as if included in the

amendment made by section 901(b) of the Taxpayer Relief Act of 1997

[Pub. L. 105-34]."

Pub. L. 105-178, title IX, Sec. 9004(a)(2), June 9, 1998, 112

Stat. 504, provided that: "The amendment made by paragraph (1)

[amending this section] shall take effect on October 1, 1998."

Pub. L. 105-178, title IX, Sec. 9004(b)(2), June 9, 1998, 112

Stat. 504, provided that: "The amendment made by paragraph (1)

[amending this section] shall take effect as if included in the

amendments made by section 901 of the Taxpayer Relief Act of 1997

[Pub. L. 105-34]."

Pub. L. 105-178, title IX, Sec. 9005(e), June 9, 1998, 112 Stat.

506, provided that: "The amendments made by this section [amending

this section and section 9504 of this title] shall take effect on

the date of enactment of this Act [June 9, 1998]."

EFFECTIVE DATE OF 1997 AMENDMENTS

Section 9(d) of Pub. L. 105-130 provided that: "The amendments

made by this section [amending this section and sections 9504 and

9511 of this title] shall take effect on October 1, 1997."

Section 901(f) of Pub. L. 105-34 provided that: "The amendments

made by this section [amending this section] shall apply to taxes

received in the Treasury after September 30, 1997."

Amendment by section 1032(e)(13), (14) of Pub. L. 105-34

effective July 1, 1998, see section 1032(f)(1) of Pub. L. 105-34,

as amended, set out as a note under section 4041 of this title.

Amendment by section 1601(f)(2) of Pub. L. 105-34 effective as if

included in the provisions of the Small Business Job Protection Act

of 1996, Pub. L. 104-188, to which it relates, see section 1601(j)

of Pub. L. 105-34, set out as a note under section 23 of this

title.

EFFECTIVE DATE OF 1993 AMENDMENT

Amendment by section 13242(d)(34) to (41) of Pub. L. 103-66

effective Jan. 1, 1994, see section 13242(e) of Pub. L. 103-66, set

out as a note under section 4041 of this title.

Section 13244(b) of Pub. L. 103-66 provided that: "The amendment

made by this section [amending this section] shall apply to amounts

attributable to taxes imposed on or after October 1, 1995."

EFFECTIVE DATE OF 1990 AMENDMENT

Amendment by section 11211(a)(5)(D)-(F) of Pub. L. 101-508

applicable to gasoline removed (as defined in former section 4082

of this title) after Nov. 30, 1990, see section 11211(a)(6) of Pub.

L. 101-508, set out as a note under section 4041 of this title.

Amendment by section 11211(b)(6)(H) of Pub. L. 101-508 effective

Dec. 1, 1990, see section 11211(b)(7) of Pub. L. 101-508, set out

as a note under section 4041 of this title.

Section 11211(h)(2) of Pub. L. 101-508 provided that: "The

amendment made by paragraph (1) [amending this section] shall apply

to amounts attributable to taxes imposed on or after December 1,

1990."

Section 11211(i)(4) of Pub. L. 101-508 provided that: "The

amendments made by this subsection [amending this section and

section 9504 of this title] shall take effect on December 1, 1990."

EFFECTIVE DATE OF 1989 AMENDMENT

Amendment by Pub. L. 101-239 effective as if included in the

provision of the Revenue Act of 1987, Pub. L. 100-203, title X, to

which such amendment relates, see section 7823 of Pub. L. 101-239,

set out as a note under section 26 of this title.

EFFECTIVE DATE OF 1988 AMENDMENT

Amendment by Pub. L. 100-448 effective Oct. 1, 1988, see section

6(e) of Pub. L. 100-448, set out as a note under section 777 of

Title 16, Conservation.

EFFECTIVE DATE OF 1987 AMENDMENT

Amendment by Pub. L. 100-203 applicable to sales after Mar. 31,

1988, see section 10502(e) of Pub. L. 100-203, set out as a note

under section 40 of this title.

EFFECTIVE DATE OF 1986 AMENDMENT

Amendment by Pub. L. 99-499 effective Jan. 1, 1987, see section

521(e) of Pub. L. 99-499, set out as a note under section 4041 of

this title.

EFFECTIVE DATE OF 1984 AMENDMENT

Amendment by section 474(r)(43) of Pub. L. 98-369 applicable to

taxable years beginning after Dec. 31, 1983, and to carrybacks from

such years, see section 475(a) of Pub. L. 98-369, set out as a note

under section 21 of this title.

Amendment by section 911(d)(1) of Pub. L. 98-369 effective Aug.

1, 1984, see section 911(e) of Pub. L. 98-369, set out as a note

under section 6427 of this title.

Amendment by section 1016(b) of Pub. L. 98-369 effective Oct. 1,

1984, see section 1016(e) of Pub. L. 98-369, set out as an

Effective Date note under section 9504 of this title.

EFFECTIVE DATE; SAVINGS PROVISION

Section 531(e) of Pub. L. 97-424 provided that:

"(1) In general. - The amendments made by this section [enacting

this section, amending section 460l-11 of Title 16, Conservation,

and amending provisions set out as a note under section 120 of

Title 23, Highways] shall take effect on January 1, 1983.

"(2) New highway trust fund treated as continuation of old. - The

Highway Trust Fund established by the amendments made by this

section shall be treated for all purposes of law as the

continuation of the Highway Trust Fund established by section 209

of the Highway Revenue Act of 1956 [section 209 of act June 29,

1956, ch. 462, title II, 70 Stat. 397, set out as a note under

section 120 of Title 23, Highways]. Any reference in any law to the

Highway Trust Fund established by such section 209 shall be deemed

to include (wherever appropriate) a reference to the Highway Trust

Fund established by the amendments made by this section."

REPORT ON NONHIGHWAY RECREATIONAL FUEL TAXES

Section 8003(d) of Pub. L. 102-240 provided that: "The Secretary

of the Treasury shall, within a reasonable period after the close

of each of fiscal years 1992 through 1996, submit a report to the

Committee on Ways and Means of the House of Representatives and the

Committee on Finance of the Senate specifying his estimate of the

amount of nonhighway recreational fuel taxes (as defined in section

9503(c)(6) of the Internal Revenue Code of 1986, as added by this

Act) received in the Treasury during such fiscal year."

-SECREF-

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in section 9504 of this title; title

16 section 460l-11.

-End-

-CITE-

26 USC Sec. 9504 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter A - Establishment of Trust Funds

-HEAD-

Sec. 9504. Aquatic Resources Trust Fund

-STATUTE-

(a) Creation of Trust Fund

(1) In general

There is hereby established in the Treasury of the United

States a trust fund to be known as the "Aquatic Resources Trust

Fund".

(2) Accounts in Trust Fund

The Aquatic Resources Trust Fund shall consist of -

(A) a Sport Fish Restoration Account, and

(B) a Boat Safety Account.

Each such Account shall consist of such amounts as may be

appropriated, credited, or paid to it as provided in this

section, section 9503(c)(4), section 9503(c)(5), or section

9602(b).

(b) Sport Fish Restoration Account

(1) Transfer of certain taxes to Account

There is hereby appropriated to the Sport Fish Restoration

Account amounts equivalent to the following amounts received in

the Treasury on or after October 1, 1984 -

(A) the taxes imposed by section 4161(a) (relating to sport

fishing equipment), and

(B) the import duties imposed on fishing tackle under heading

9507 of the Harmonized Tariff Schedule of the United States (19

U.S.C. 1202) and on yachts and pleasure craft under chapter 89

of the Harmonized Tariff Schedule of the United States.

(2) Expenditures from Account

Amounts in the Sport Fish Restoration Account shall be

available, as provided by appropriation Acts, for making

expenditures -

(A) to carry out the purposes of the Act entitled "An Act to

provide that the United States shall aid the States in fish

restoration and management projects, and for other purposes",

approved August 9, 1950 (as in effect on the date of the

enactment of the Wildlife and Sport Fish Restoration Programs

Improvement Act of 2000),

(B) to carry out the purposes of section 7404(d) of the

Transportation Equity Act for the 21st Century (as in effect on

the date of the enactment of the TEA 21 Restoration Act), and

(C) to carry out the purposes of the Coastal Wetlands

Planning, Protection and Restoration Act (as in effect on the

date of the enactment of the TEA 21 Restoration Act).

Amounts transferred to such account under section 9503(c)(5) may

be used only for making expenditures described in subparagraph

(B) of this paragraph.

(c) Expenditures from Boat Safety Account

Amounts in the Boat Safety Account shall be available, as

provided by appropriation Acts, for making expenditures before

October 1, 2003, to carry out the purposes of section 13106 of

title 46, United States Code (as in effect on the date of the

enactment of the TEA 21 Restoration Act).

(d) Limitation on transfers to Aquatic Resources Trust Fund

(1) In general

Except as provided in paragraph (2), no amount may be

appropriated or paid to any Account in the Aquatic Resources

Trust Fund on and after the date of any expenditure from any such

Account which is not permitted by this section. The determination

of whether an expenditure is so permitted shall be made without

regard to -

(A) any provision of law which is not contained or referenced

in this title or in a revenue Act, and

(B) whether such provision of law is a subsequently enacted

provision or directly or indirectly seeks to waive the

application of this subsection.

(2) Exception for prior obligations

Paragraph (1) shall not apply to any expenditure to liquidate

any contract entered into (or for any amount otherwise obligated)

before October 1, 2003, in accordance with the provisions of this

section.

(e) Cross reference

For provision transferring motorboat fuels taxes to Boat

Safety Account and Sport Fish Restoration Account, see section

9503(c)(4).

-SOURCE-

(Added Pub. L. 98-369, div. A, title X, Sec. 1016(a), July 18,

1984, 98 Stat. 1019; amended Pub. L. 100-418, title I, Sec.

1214(p)(2), Aug. 23, 1988, 102 Stat. 1159; Pub. L. 100-448, Sec.

6(a)(2), (c)(3), Sept. 28, 1988, 102 Stat. 1839, 1841; Pub. L.

101-508, title XI, Sec. 11211(i)(2), (3), Nov. 5, 1990, 104 Stat.

1388-428; Pub. L. 102-240, title VIII, Sec. 8002(d)(2)(C), (i),

Dec. 18, 1991, 105 Stat. 2204, 2205; Pub. L. 105-130, Sec. 9(b),

Dec. 1, 1997, 111 Stat. 2561; Pub. L. 105-178, title IX, Sec.

9005(b)-(d), (f), June 9, 1998, 112 Stat. 505; Pub. L. 105-206,

title IX, Sec. 9015(b), July 22, 1998, 112 Stat. 867; Pub. L.

106-408, title I, Sec. 126, Nov. 1, 2000, 114 Stat. 1775.)

-REFTEXT-

REFERENCES IN TEXT

The Harmonized Tariff Schedule of the United States, referred to

in subsec. (b)(1)(B), is not set out in the Code. See Publication

of Harmonized Tariff Schedule note set out under section 1202 of

Title 19, Customs Duties.

The Act entitled "An Act to provide that the United States shall

aid the States in fish restoration and management projects, and for

other purposes", approved August 9, 1950, referred to in subsec.

(b)(2)(A), is act Aug. 9, 1950, ch. 658, 64 Stat. 430, as amended,

known as the Dingell-Johnson Sport Fish Restoration Act, and also

as the Federal Aid in Fish Restoration Act and the Fish Restoration

and Management Projects Act, which is classified generally to

chapter 10B (Sec. 777 et seq.) of Title 16, Conservation. For

complete classification of this Act to the Code, see Short Title

note set out under section 777 of Title 16 and Tables.

The date of the enactment of the Wildlife and Sport Fish

Restoration Programs Improvement Act of 2000, referred to in

subsec. (b)(2)(A), is the date of enactment of Pub. L. 106-408,

title I, which was approved Nov. 1, 2000.

The date of the enactment of the TEA 21 Restoration Act, referred

to in subsecs. (b)(2)(B), (C), and (c), is the date of enactment of

title IX of Pub. L. 105-206, which was approved July 22, 1998.

Section 7404(d) of the Transportation Equity Act for the 21st

Century, referred to in subsec. (b)(2)(B), is classified to section

777g-1(d) of Title 16, Conservation.

The Coastal Wetlands Planning, Protection and Restoration Act,

referred to in subsec. (b)(2)(C), is title III of Pub. L. 101-646,

Nov. 29, 1990, 104 Stat. 4778, which is classified generally to

chapter 59A (Sec. 3951 et seq.) of Title 16, Conservation. For

complete classification of this Act to the Code, see Short Title

note set out under section 3951 of Title 16 and Tables.

-MISC1-

AMENDMENTS

2000 - Subsec. (b)(2)(A). Pub. L. 106-408 substituted "(as in

effect on the date of the enactment of the Wildlife and Sport Fish

Restoration Programs Improvement Act of 2000)" for "(as in effect

on the date of the enactment of the TEA 21 Restoration Act)".

1998 - Subsec. (b)(2)(A). Pub. L. 105-178, Sec. 9005(f)(1), as

added by Pub. L. 105-206, Sec. 9015(b), substituted "the date of

the enactment of the TEA 21 Restoration Act" for "the date of the

enactment of the Transportation Equity Act for the 21st Century".

Pub. L. 105-178, Sec. 9005(b)(1), substituted "the date of the

enactment of the Transportation Equity Act for the 21st Century),"

for "October 1, 1988), and".

Subsec. (b)(2)(B). Pub. L. 105-178, Sec. 9005(f)(2), as added by

Pub. L. 105-206, Sec. 9015(b), substituted "the TEA 21 Restoration

Act" for "such Act".

Pub. L. 105-178, Sec. 9005(b)(3), added subpar. (B). Former

subpar. (B) redesignated (C).

Pub. L. 105-178, Sec. 9005(b)(2), substituted "the date of the

enactment of the Transportation Equity Act for the 21st Century"

for "November 29, 1990".

Subsec. (b)(2)(C). Pub. L. 105-178, Sec. 9005(f)(3), as added by

Pub. L. 105-206, Sec. 9015(b), substituted "the date of the

enactment of the TEA 21 Restoration Act" for "the date of the

enactment of the Transportation Equity Act for the 21st Century".

Pub. L. 105-178, Sec. 9005(b)(3), redesignated subpar. (B) as

(C).

Subsec. (c). Pub. L. 105-178, Sec. 9005(f)(4), as added by Pub.

L. 105-206, Sec. 9015(b), substituted "the date of the enactment of

the TEA 21 Restoration Act" for "the date of enactment of the

Transportation Equity Act for the 21st Century".

Pub. L. 105-178, Sec. 9005(c), substituted "2003" for "1998" and

"the date of enactment of the Transportation Equity Act for the

21st Century" for "October 1, 1988".

Subsecs. (d), (e). Pub. L. 105-178, Sec. 9005(d), added subsec.

(d) and redesignated former subsec. (d) as (e).

1997 - Subsec. (c). Pub. L. 105-130 substituted "October 1, 1998"

for "April 1, 1998".

1991 - Subsec. (b)(2)(B). Pub. L. 102-240, Sec. 8002(i), amended

subpar. (B) generally. Prior to amendment, subpar. (B) read as

follows: "to carry out the purposes of any law which is

substantially identical to S. 3252 of the 101st Congress, as

introduced."

Subsec. (c). Pub. L. 102-240, Sec. 8002(d)(2)(C), substituted

"1998" for "1994".

1990 - Subsec. (a)(2). Pub. L. 101-508, Sec. 11211(i)(2),

inserted reference to section 9503(c)(5) in last sentence.

Subsec. (b)(2). Pub. L. 101-508, Sec. 11211(i)(3), amended par.

(2) generally. Prior to amendment, par. (2) read as follows:

"Amounts in the Sport Fish Restoration Account shall be available,

as provided by appropriation Acts, to carry out the purposes of the

Act entitled 'An Act to provide that the United States shall aid

the States in fish restoration and management projects, and for

other purposes', approved August 9, 1950 (as in effect on October

1, 1988)."

1988 - Subsec. (b)(1)(B). Pub. L. 100-418 substituted "heading

9507 of the Harmonized Tariff Schedule of the United States" for

"subpart B of part 5 of schedule 7 of the Tariff Schedules of the

United States" and "chapter 89 of the Harmonized Tariff Schedule of

the United States" for "subpart D of part 6 of schedule 6 of such

Schedules".

Subsec. (b)(2). Pub. L. 100-448, Sec. 6(c)(3), substituted "(as

in effect on October 1, 1988)" for "(as in effect on June 1,

1984)".

Subsec. (c). Pub. L. 100-448, Sec. 6(a)(2), substituted

provisions authorizing expenditures before Apr. 1, 1994, to carry

out the purposes of section 13106 of title 46 as in effect on Oct.

1, 1988, for provisions which had authorized expenditures before

Apr. 1, 1989, to carry out the purposes of that section as in

effect on June 1, 1984.

EFFECTIVE DATE OF 1998 AMENDMENT

Title IX of Pub. L. 105-206 effective simultaneously with

enactment of Pub. L. 105-178 and to be treated as included in Pub.

L. 105-178 at time of enactment, and provisions of Pub. L. 105-178,

as in effect on day before July 22, 1998, that are amended by title

IX of Pub. L. 105-206 to be treated as not enacted, see section

9016 of Pub. L. 105-206, set out as a note under section 101 of

Title 23, Highways.

EFFECTIVE DATE OF 1997 AMENDMENT

Amendment by Pub. L. 105-130 effective Oct. 1, 1997, see section

9(d) of Pub. L. 105-130, set out as a note under section 9503 of

this title.

EFFECTIVE DATE OF 1990 AMENDMENT

Amendment by Pub. L. 101-508 effective Dec. 1, 1990, see section

11211(i)(4) of Pub. L. 101-508, set out as a note under section

9503 of this title.

EFFECTIVE DATE OF 1988 AMENDMENTS

Amendment by Pub. L. 100-448 effective Oct. 1, 1988, see section

6(e) of Pub. L. 100-448, set out as a note under section 777 of

Title 16, Conservation.

Amendment by Pub. L. 100-418 effective Jan. 1, 1989, and

applicable with respect to articles entered on or after such date,

see section 1217(b)(1) of Pub. L. 100-418, set out as an Effective

Date note under section 3001 of Title 19, Customs Duties.

EFFECTIVE DATE

Section 1016(e) of Pub. L. 98-369 provided that:

"(1) In general. - The amendments made by this section [enacting

this section, amending section 9503 of this title, and repealing

section 13107 of Title 46, Shipping] shall take effect on October

1, 1984.

"(2) Boat safety account treated as continuation of national

recreational boating safety and facilities improvement fund. - The

Boat Safety Account in the Aquatic Resources Trust Fund established

by the amendments made by this section shall be treated for all

purposes of law as the continuation of the National Recreational

Boating Safety and Facilities Improvement Fund established by

section 13107 of title 46, United States Code. Any reference in any

law to the National Recreational Boating Safety and Facilities

Improvement Fund established by such section shall be deemed to

include (wherever appropriate) a reference to such Boat Safety

Account."

-SECREF-

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in title 16 sections 777b, 777c,

1535; title 46 section 13102.

-End-

-CITE-

26 USC Sec. 9505 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter A - Establishment of Trust Funds

-HEAD-

Sec. 9505. Harbor Maintenance Trust Fund

-STATUTE-

(a) Creation of Trust Fund

There is hereby established in the Treasury of the United States

a trust fund to be known as the "Harbor Maintenance Trust Fund",

consisting of such amounts as may be -

(1) appropriated to the Harbor Maintenance Trust Fund as

provided in this section,

(2) transferred to the Harbor Maintenance Trust Fund by the

Saint Lawrence Seaway Development Corporation pursuant to section

13(a) of the Act of May 13, 1954, or

(3) credited to the Harbor Maintenance Trust Fund as provided

in section 9602(b).

(b) Transfer to Harbor Maintenance Trust Fund of amounts equivalent

to certain taxes

There are hereby appropriated to the Harbor Maintenance Trust

Fund amounts equivalent to the taxes received in the Treasury under

section 4461 (relating to harbor maintenance tax).

(c) Expenditures from Harbor Maintenance Trust Fund

Amounts in the Harbor Maintenance Trust Fund shall be available,

as provided by appropriation Acts, for making expenditures -

(1) to carry out section 210 of the Water Resources Development

Act of 1986 (as in effect on the date of the enactment of the

Water Resources Development Act of 1996),

(2) for payments of rebates of tolls or charges pursuant to

section 13(b) of the Act of May 13, 1954 (as in effect on April

1, 1987), and

(3) for the payment of all expenses of administration incurred

by the Department of the Treasury, the Army Corps of Engineers,

and the Department of Commerce related to the administration of

subchapter A of chapter 36 (relating to harbor maintenance tax),

but not in excess of $5,000,000 for any fiscal year.

-SOURCE-

(Added Pub. L. 99-662, title XIV, Sec. 1403(a), Nov. 17, 1986, 100

Stat. 4269; amended Pub. L. 103-182, title VI, Sec. 683(a), Dec. 8,

1993, 107 Stat. 2218; Pub. L. 104-303, title VI, Sec. 601, Oct. 12,

1996, 110 Stat. 3792.)

-REFTEXT-

REFERENCES IN TEXT

Section 13 of the Act of May 13, 1954, referred to in subsecs.

(a)(2) and (c)(2), is classified to section 988a of Title 33,

Navigation and Navigable Waters.

Section 210 of the Water Resources Development Act of 1986 (as in

effect on the date of the enactment of the Water Resources

Development Act of 1996), referred to in subsec. (c)(1), is

classified to section 2238 of Title 33, Navigation and Navigable

Waters. The date of the enactment of the Water Resources

Development Act of 1996 is the date of enactment of Pub. L.

104-303, which was approved Oct. 12, 1996.

-MISC1-

AMENDMENTS

1996 - Subsec. (c)(1). Pub. L. 104-303 amended par. (1)

generally. Prior to amendment, par. (1) read as follows: "to carry

out section 210(a) of the Water Resources Development Act of 1986

(as in effect on the date of enactment of this section),".

1993 - Subsec. (c)(3). Pub. L. 103-182 amended par. (3)

generally. Prior to amendment, par. (3) read as follows: "for the

payment of all expenses of administration incurred -

"(A) by the Department of the Treasury in administering

subchapter A of chapter 36 (relating to harbor maintenance tax),

but not in excess of $5,000,000 for any fiscal year, and

"(B) for periods during which no fee applies under paragraph

(9) or (10) of section 13031(a) of the Consolidated Omnibus

Budget Reconciliation Act of 1985."

EFFECTIVE DATE OF 1993 AMENDMENT

Section 683(b) of Pub. L. 103-182 provided that: "The amendment

made by subsection (a) [amending this section] shall apply to

fiscal years beginning after the date of the enactment of this Act

[Dec. 8, 1993]."

EFFECTIVE DATE

Section 1403(d) of Pub. L. 99-662 provided that: "The amendments

made by this section [enacting this section] shall take effect on

April 1, 1987."

HARBOR MAINTENANCE TRUST FUND DEPOSITS AND EXPENDITURES

Pub. L. 102-580, title III, Sec. 330, Oct. 31, 1992, 106 Stat.

4851, provided that:

"(a) Report. - Not later than March 1, 1993, and annually

thereafter, the President shall transmit to the Committee on Public

Works and Transportation [now Committee on Transportation and

Infrastructure] of the House of Representatives and the Committee

on Environment and Public Works of the Senate a report on

expenditures from and deposits into the Harbor Maintenance Trust

Fund.

"(b) Contents. -

"(1) In general. - Each report to be transmitted under

subsection (a) shall contain the following:

"(A) A description of expenditures made from the trust fund

in the previous fiscal year on a project-by-project basis.

"(B) A description of deposits made into the trust fund in

the previous fiscal year and the sources of such deposits.

"(C) A 5-year projection of expenditures from and deposits

into the trust fund.

"(2) Previous years information. - In addition to information

required under paragraph (1), the initial report to be

transmitted under subsection (a) shall contain the information

described in subparagraphs (A) and (B) of paragraph (1) for

fiscal years 1987 through 1992."

-SECREF-

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in title 33 sections 984, 2238.

-End-

-CITE-

26 USC Sec. 9506 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter A - Establishment of Trust Funds

-HEAD-

Sec. 9506. Inland Waterways Trust Fund

-STATUTE-

(a) Creation of Trust Fund

There is hereby established in the Treasury of the United States

a trust fund to be known as the "Inland Waterways Trust Fund",

consisting of such amounts as may be appropriated or credited to

such Trust Fund as provided in this section or section 9602(b).

(b) Transfer to Trust Fund of amounts equivalent to certain taxes

There are hereby appropriated to the Inland Waterways Trust Fund

amounts equivalent to the taxes received in the Treasury under

section 4042 (relating to tax on fuel used in commercial

transportation on inland waterways). The preceding sentence shall

apply only to so much of such taxes as are attributable to the

Inland Waterways Trust Fund financing rate under section 4042(b).

(c) Expenditures from Trust Fund

(1) In general

Except as provided in paragraph (2), amounts in the Inland

Waterways Trust Fund shall be available, as provided by

appropriation Acts, for making construction and rehabilitation

expenditures for navigation on the inland and coastal waterways

of the United States described in section 206 of the Inland

Waterways Revenue Act of 1978, as in effect on the date of the

enactment of this section.

(2) Exception for certain projects

Not more than 1/2 of the cost of any construction to which

section 102(a) of the Water Resources Development Act of 1986

applies (as in effect on the date of the enactment of this

section) may be paid from the Inland Waterways Trust Fund.

-SOURCE-

(Added Pub. L. 99-662, title XIV, Sec. 1405(a), Nov. 17, 1986, 100

Stat. 4271; amended Pub. L. 99-499, title V, Sec. 521(b)(3), Oct.

17, 1986, 100 Stat. 1778; Pub. L. 100-647, title I, Sec.

1018(u)(18), Nov. 10, 1988, 102 Stat. 3591.)

-REFTEXT-

REFERENCES IN TEXT

Section 206 of the Inland Waterways Revenue Act of 1978, as in

effect on the date of the enactment of this section, referred to in

subsec. (c)(1), is classified to section 1804 of Title 33,

Navigation and Navigable Waters. The date of the enactment of

section 9506 of this title is the date of enactment of Pub. L.

99-662, which was approved Nov. 17, 1986.

Section 102(a) of the Water Resources Development Act of 1986 (as

in effect on the date of enactment of this section), referred to in

subsec. (c)(2), is classified to section 2212(a) of Title 33. The

date of enactment of section 9506 of this title is the date of

enactment of Pub. L. 99-662, which was approved Nov. 17, 1986.

-MISC1-

AMENDMENTS

1988 - Subsec. (b). Pub. L. 100-647 made technical corrections to

directory language of Pub. L. 99-499, Sec. 521(b)(3), see 1986

Amendment note below.

1986 - Subsec. (b). Pub. L. 99-499, as amended by Pub. L.

100-647, Sec. 1018(u)(18), inserted at end "The preceding sentence

shall apply only to so much of such taxes as are attributable to

the Inland Waterways Trust Fund financing rate under section

4042(b)."

EFFECTIVE DATE OF 1988 AMENDMENT

Amendment by Pub. L. 100-647 effective, except as otherwise

provided, as if included in the provision of the Tax Reform Act of

1986, Pub. L. 99-514, to which such amendment relates, see section

1019(a) of Pub. L. 100-647, set out as a note under section 1 of

this title.

EFFECTIVE DATE OF 1986 AMENDMENT

Amendment by Pub. L. 99-499 effective Jan. 1, 1987, see section

521(e) of Pub. L. 99-499, set out as a note under section 4041 of

this title.

EFFECTIVE DATE

Section 1405(d) of Pub. L. 99-662 provided that:

"(1) In general. - The amendments made by this section [enacting

this section and repealing sections 1801 and 1802 of Title 33,

Navigation and Navigable Waters] shall take effect on January 1,

1987.

"(2) Inland waterways trust fund treated as continuation of old

trust fund. - The Inland Waterways Trust Fund established by the

amendments made by this section shall be treated for all purposes

of law as a continuation of the Inland Waterways Trust Fund

established by section 203 of the Inland Waterways Revenue Act of

1978 [former 33 U.S.C. 1801]. Any reference in any law to the

Inland Waterways Trust Fund established by such section 203 shall

be deemed to include (wherever appropriate) a reference to the

Inland Waterways Trust Fund established by this section."

-End-

-CITE-

26 USC Sec. 9507 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter A - Establishment of Trust Funds

-HEAD-

Sec. 9507. Hazardous Substance Superfund

-STATUTE-

(a) Creation of Trust Fund

There is established in the Treasury of the United States a trust

fund to be known as the "Hazardous Substance Superfund"

(hereinafter in this section referred to as the "Superfund"),

consisting of such amounts as may be -

(1) appropriated to the Superfund as provided in this section,

(2) appropriated to the Superfund pursuant to section 517(b) of

the Superfund Revenue Act of 1986, or

(3) credited to the Superfund as provided in section 9602(b).

(b) Transfers to Superfund

There are hereby appropriated to the Superfund amounts equivalent

to -

(1) the taxes received in the Treasury under section 59A, 4611,

4661, or 4671 (relating to environmental taxes),

(2) amounts recovered on behalf of the Superfund under the

Comprehensive Environmental Response, Compensation, and Liability

Act of 1980 (hereinafter in this section referred to as

"CERCLA"),

(3) all moneys recovered or collected under section

311(b)(6)(B) of the Clean Water Act,(!1)

(4) penalties assessed under title I of CERCLA, and

(5) punitive damages under section 107(c)(3) of CERCLA.

In the case of the tax imposed by section 4611, paragraph (1) shall

apply only to so much of such tax as is attributable to the

Hazardous Substance Superfund financing rate under section 4611(c).

(c) Expenditures from Superfund

(1) In general

Amounts in the Superfund shall be available, as provided in

appropriation Acts, only for purposes of making expenditures -

(A) to carry out the purposes of -

(i) paragraphs (1), (2), (5), and (6) of section 111(a) of

CERCLA as in effect on the date of the enactment of the

Superfund Amendments and Reauthorization Act of 1986,

(ii) section 111(c) of CERCLA (as so in effect), other than

paragraphs (1) and (2) thereof, and

(iii) section 111(m) of CERCLA (as so in effect), or

(B) hereafter authorized by a law which does not authorize

the expenditure out of the Superfund for a general purpose not

covered by subparagraph (A) (as so in effect).

(2) Exception for certain transfers, etc., of hazardous

substances

No amount in the Superfund or derived from the Superfund shall

be available or used for the transfer or disposal of hazardous

waste carried out pursuant to a cooperative agreement between the

Administrator of the Environmental Protection Agency and a State

if the following conditions apply -

(A) the transfer or disposal, if made on December 13, 1985,

would not comply with a State or local requirement,

(B) the transfer is to a facility for which a final permit

under section 3005(a) of the Solid Waste Disposal Act was

issued after January 1, 1983, and before November 1, 1984, and

(C) the transfer is from a facility identified as the McColl

Site in Fullerton, California.

(d) Authority to borrow

(1) In general

There are authorized to be appropriated to the Superfund, as

repayable advances, such sums as may be necessary to carry out

the purposes of the Superfund.

(2) Limitation on aggregate advances

The maximum aggregate amount of repayable advances to the

Superfund which is outstanding at any one time shall not exceed

an amount equal to the amount which the Secretary estimates will

be equal to the sum of the amounts appropriated to the Superfund

under subsection (b)(1) during the following 24 months.

(3) Repayment of advances

(A) In general

Advances made to the Superfund shall be repaid, and interest

on such advances shall be paid, to the general fund of the

Treasury when the Secretary determines that moneys are

available for such purposes in the Superfund.

(B) Final repayment

No advance shall be made to the Superfund after December 31,

1995, and all advances to such Fund shall be repaid on or

before such date.

(C) Rate of interest

Interest on advances made to the Superfund shall be at a rate

determined by the Secretary of the Treasury (as of the close of

the calendar month preceding the month in which the advance is

made) to be equal to the current average market yield on

outstanding marketable obligations of the United States with

remaining periods to maturity comparable to the anticipated

period during which the advance will be outstanding and shall

be compounded annually.

(e) Liability of United States limited to amount in Trust Fund

(1) General rule

Any claim filed against the Superfund may be paid only out of

the Superfund.

(2) Coordination with other provisions

Nothing in CERCLA or the Superfund Amendments and

Reauthorization Act of 1986 (or in any amendment made by either

of such Acts) shall authorize the payment by the United States

Government of any amount with respect to any such claim out of

any source other than the Superfund.

(3) Order in which unpaid claims are to be paid

If at any time the Superfund has insufficient funds to pay all

of the claims payable out of the Superfund at such time, such

claims shall, to the extent permitted under paragraph (1), be

paid in full in the order in which they were finally determined.

-SOURCE-

(Added Pub. L. 99-499, title V, Sec. 517(a), Oct. 17, 1986, 100

Stat. 1772; amended Pub. L. 99-509, title VIII, Sec. 8032(c)(4),

Oct. 21, 1986, 100 Stat. 1959; Pub. L. 101-508, title XI, Sec.

11231(c), Nov. 5, 1990, 104 Stat. 1388-445.)

-REFTEXT-

REFERENCES IN TEXT

Section 517(b) of the Superfund Revenue Act of 1986, referred to

in subsec. (a)(2), is section 517(b) of Pub. L. 99-499, which is

set out as a note under this section.

The Comprehensive Environmental Response, Compensation, and

Liability Act of 1980 and CERCLA, referred to in subsecs. (b)(2),

(4), (5), (c)(1)(A), and (e)(2), is Pub. L. 96-510, Dec. 11, 1980,

94 Stat. 2767, as amended, which is classified principally to

chapter 103 (Sec. 9601 et seq.) of Title 42, The Public Health and

Welfare. Title I of CERCLA is classified to subchapter I (Sec. 9601

et seq.) of chapter 103 of Title 42. Sections 107(c)(3) and

111(a)(1), (2), (5), and (6), (c), and (m) of CERCLA are classified

to sections 9607(c)(3) and 9611(a)(1), (2), (5), and (6), (c), and

(m) of Title 42, respectively. For complete classification of this

Act to the Code, see Short Title note set out under section 9601 of

Title 42 and Tables.

Section 311(b)(6)(B) of the Clean Water Act, referred to in

subsec. (b)(3), which was classified to section 1321(b)(6)(B) of

Title 33, Navigation and Navigable Waters, and which related to

civil actions by the Administrator to impose penalties for

prohibited discharges was struck out by Pub. L. 101-380, title IV,

Sec. 4301(b), Aug. 18, 1990, 104 Stat. 533, which added a new

section 311(b)(6)(B) relating to classes of civil penalties imposed

by the Secretary of the department in which the Coast Guard is

operating or the Administrator for prohibited discharges or

violations of regulations.

The date of the enactment of the Superfund Amendments and

Reauthorization Act of 1986, referred to in subsec. (c)(1)(A)(i),

is the date of enactment of Pub. L. 99-499, which was approved Oct.

17, 1986.

Section 3005(a) of the Solid Waste Disposal Act, referred to in

subsec. (c)(2)(B), is classified to section 6925(a) of Title 42,

The Public Health and Welfare.

The Superfund Amendments and Reauthorization Act of 1986,

referred to in subsec. (e)(2), is Pub. L. 99-499, Oct. 17, 1986,

100 Stat. 1613. For complete classification of this Act to the

Code, see Short Title of 1986 Amendment note set out under section

9601 of Title 42 and Tables.

-MISC1-

AMENDMENTS

1990 - Subsec. (d)(3)(B). Pub. L. 101-508 substituted "December

31, 1995" for "December 31, 1991".

1986 - Subsec. (b). Pub. L. 99-509 inserted at end "In the case

of the tax imposed by section 4611, paragraph (1) shall apply only

to so much of such tax as is attributable to the Hazardous

Substance Superfund financing rate under section 4611(c)."

EFFECTIVE DATE OF 1986 AMENDMENT

Amendment by Pub. L. 99-509 effective on commencement date as

defined in section 4611(f)(2), see section 8032(d) of Pub. L.

99-509, set out as a note under section 4611 of this title.

EFFECTIVE DATE

Section 517(e) of Pub. L. 99-499 provided that:

"(1) In general. - The amendments made by this section [enacting

this section, amending section 9601 of Title 42, The Public Health

and Welfare, and repealing sections 9631 to 9633 of Title 42] shall

take effect on January 1, 1987.

"(2) Superfund treated as continuation of old trust fund. - The

Hazardous Substance Superfund established by the amendments made by

this section shall be treated for all purposes of law as a

continuation of the Hazardous Substance Response Trust Fund

established by section 221 of the Hazardous Substance Response

Revenue Act of 1980 [former 42 U.S.C. 9631]. Any reference in any

law to the Hazardous Substance Response Trust Fund established by

such section 221 shall be deemed to include (wherever appropriate)

a reference to the Hazardous Substance Superfund established by the

amendments made by this section."

AUTHORIZATION OF APPROPRIATIONS

Section 517(b) of Pub. L. 99-499, as amended by Pub. L. 101-508,

title XI, Sec. 11231(d), Nov. 5, 1990, 104 Stat. 1388-445, provided

that: "There is authorized to be appropriated, out of any money in

the Treasury not otherwise appropriated, to the Hazardous Substance

Superfund for fiscal year -

"(1) 1987, $250,000,000,

"(2) 1988, $250,000,000,

"(3) 1989, $250,000,000,

"(4) 1990, $250,000,000,

"(5) 1991, $250,000,000, and [sic]

"(6) 1992, $250,000,000,

"(7) 1993, $250,000,000,

"(8) 1994, $250,000,000, and

"(9) 1995, $250,000,000,

plus for each fiscal year an amount equal to so much of the

aggregate amount authorized to be appropriated under this

subsection (and paragraph (2) of section 221(b) of the Hazardous

Substance Response Act of 1980 [probably means section 221(b)(2) of

the Hazardous Substance Response Revenue Act of 1980, which was

classified to 42 U.S.C. 9631(b)(2) before its repeal by section

517(c)(1) of Pub. L. 99-499], as in effect before its repeal) as

has not been appropriated before the beginning of the fiscal year

involved."

[Section 11231(d) of Pub. L. 101-508 directed that section 517(b)

of Pub. L. 99-499, set out above, be "amended by striking 'and' at

the end of paragraph (4), by striking the period at the end of

paragraph (5) and inserting ', and', and by adding at the end

thereof" new pars. (6) to (9), with par. (9) ending in a period.

Pub. L. 104-188, title I, Sec. 1704(t)(44), Aug. 20, 1996, 110

Stat. 1889, provided that section 11231(d) of Pub. L. 101-508

"shall be applied as if 'comma' appeared instead of 'period' [in

the directory language amending section 517(b)(5) of Pub. L.

99-499] and as if the paragraph (9) proposed to be added ended with

a comma".]

-SECREF-

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in title 42 sections 9601, 9611.

-FOOTNOTE-

(!1) See References in Text note below.

-End-

-CITE-

26 USC Sec. 9508 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter A - Establishment of Trust Funds

-HEAD-

Sec. 9508. Leaking Underground Storage Tank Trust Fund

-STATUTE-

(a) Creation of Trust Fund

There is established in the Treasury of the United States a trust

fund to be known as the "Leaking Underground Storage Tank Trust

Fund", consisting of such amounts as may be appropriated or

credited to such Trust Fund as provided in this section or section

9602(b).

(b) Transfers to Trust Fund

There are hereby appropriated to the Leaking Underground Storage

Tank Trust Fund amounts equivalent to -

(1) taxes received in the Treasury under section 4041(d)

(relating to additional taxes on motor fuels),

(2) taxes received in the Treasury under section 4081 (relating

to tax on gasoline, diesel fuel, and kerosene) to the extent

attributable to the Leaking Underground Storage Tank Trust Fund

financing rate under such section,

(3) taxes received in the Treasury under section 4091 (relating

to tax on aviation fuel) to the extent attributable to the

Leaking Underground Storage Tank Trust Fund financing rate under

such section,

(4) taxes received in the Treasury under section 4042 (relating

to tax on fuel used in commercial transportation on inland

waterways) to the extent attributable to the Leaking Underground

Storage Tank Trust Fund financing rate under such section, and

(5) amounts received in the Treasury and collected under

section 9003(h)(6) of the Solid Waste Disposal Act.

For purposes of this subsection, there shall not be taken into

account the taxes imposed by sections 4041 and 4081 on diesel fuel

sold for use or used as fuel in a diesel-powered boat.

(c) Expenditures

(1) In general

Except as provided in paragraph (2), amounts in the Leaking

Underground Storage Tank Trust Fund shall be available, as

provided in appropriation Acts, only for purposes of making

expenditures to carry out section 9003(h) of the Solid Waste

Disposal Act as in effect on the date of the enactment of the

Superfund Amendments and Reauthorization Act of 1986.

(2) Transfers from Trust Fund for certain repayments and credits

(A) In general

The Secretary shall pay from time to time from the Leaking

Underground Storage Tank Trust Fund into the general fund of

the Treasury amounts equivalent to -

(i) amounts paid under -

(I) section 6420 (relating to amounts paid in respect of

gasoline used on farms),

(II) section 6421 (relating to amounts paid in respect of

gasoline used for certain nonhighway purposes or by local

transit systems), and

(III) section 6427 (relating to fuels not used for

taxable purposes), and

(ii) credits allowed under section 34,

with respect to the taxes imposed by section 4041(d) or by

sections 4081 and 4091 (to the extent attributable to the

Leaking Underground Storage Tank Trust Fund financing rate

under such sections).

(B) Transfers based on estimates

Transfers under subparagraph (A) shall be made on the basis

of estimates by the Secretary, and proper adjustments shall be

made in amounts subsequently transferred to the extent prior

estimates were in excess of or less than the amounts required

to be transferred.

(d) Liability of the United States limited to amount in Trust Fund

(1) General rule

Any claim filed against the Leaking Underground Storage Tank

Trust Fund may be paid only out of such Trust Fund.

(2) Coordination with other provisions

Nothing in the Comprehensive Environmental Response,

Compensation, and Liability Act of 1980 or the Superfund

Amendments and Reauthorization Act of 1986 (or in any amendment

made by either of such Acts) shall authorize the payment by the

United States Government of any amount with respect to any such

claim out of any source other than the Leaking Underground

Storage Tank Trust Fund.

(3) Order in which unpaid claims are to be paid

If at any time the Leaking Underground Storage Tank Trust Fund

has insufficient funds to pay all of the claims out of such Trust

Fund at such time, such claims shall, to the extent permitted

under paragraph (1), be paid in full in the order in which they

were finally determined.

-SOURCE-

(Added Pub. L. 99-499, title V, Sec. 522(a), Oct. 17, 1986, 100

Stat. 1780; amended Pub. L. 100-203, title X, Sec. 10502(d)(16),

(17), Dec. 22, 1987, 101 Stat. 1330-445; Pub. L. 101-239, title

VII, Sec. 7822(b)(7), Dec. 19, 1989, 103 Stat. 2425; Pub. L.

103-66, title XIII, Secs. 13163(c), 13242(d)(42), Aug. 10, 1993,

107 Stat. 454, 528; Pub. L. 105-34, title X, Sec. 1032(e)(13), Aug.

5, 1997, 111 Stat. 935.)

-REFTEXT-

REFERENCES IN TEXT

Section 9003(h) and (h)(6) of the Solid Waste Disposal Act,

referred to in subsecs. (b)(4) and (c)(1), is classified to section

6991b(h) and (h)(6) of Title 42, The Public Health and Welfare.

The date of the enactment of the Superfund Amendments and

Reauthorization Act of 1986, referred to in subsec. (c)(1), is the

date of enactment of Pub. L. 99-499, which was approved Oct. 17,

1986.

The Comprehensive Environmental Response, Compensation, and

Liability Act of 1980, referred to in subsec. (d)(2), is Pub. L.

96-510, Dec. 11, 1980, 94 Stat. 2767, as amended, which is

classified principally to chapter 103 (Sec. 9601 et seq.) of Title

42, The Public Health and Welfare. For complete classification of

this Act to the Code, see Short Title note set out under section

9601 of Title 42 and Tables.

The Superfund Amendments and Reauthorization Act of 1986,

referred to in subsec. (d)(2), is Pub. L. 99-499, Oct. 17, 1986,

100 Stat. 1613. For complete classification of this Act to the

Code, see Short Title of 1986 Amendment note set out under section

9601 of Title 42 and Tables.

-MISC1-

AMENDMENTS

1997 - Subsec. (b)(2). Pub. L. 105-34 substituted ", diesel fuel,

and kerosene" for "and diesel fuel".

1993 - Subsec. (b). Pub. L. 103-66, Sec. 13242(d)(42)(C), which

directed the substitution of "4081" for "4091" in last sentence,

could not be executed because last sentence did not contain a

reference to "4091".

Pub. L. 103-66, Sec. 13163(c), inserted at end "For purposes of

this subsection, there shall not be taken into account the taxes

imposed by sections 4041 and 4081 on diesel fuel sold for use or

used as fuel in a diesel-powered boat."

Subsec. (b)(2). Pub. L. 103-66, Sec. 13242(d)(42)(A), inserted

"and diesel fuel" after "gasoline".

Subsec. (b)(3). Pub. L. 103-66, Sec. 13242(d)(42)(B), struck out

"diesel fuel and" before "aviation fuel".

1989 - Subsecs. (b)(3), (c)(2)(A). Pub. L. 101-239 substituted

"Storage Tank Trust Fund financing" for "Storage Trust Fund

financing".

1987 - Subsec. (b)(3) to (5). Pub. L. 100-203, Sec. 10502(d)(16),

added par. (3) and redesignated former pars. (3) and (4) as (4) and

(5), respectively.

Subsec. (c)(2)(A). Pub. L. 100-203, Sec. 10502(d)(17), added cl.

(ii) and closing provisions, and struck out former cl. (ii) which

read as follows: "credits allowed under section 34, with respect to

the taxes imposed by sections 4041(d) and 4081 (to the extent

attributable to the Leaking Underground Storage Tank Trust Fund

financing rate under section 4081)."

EFFECTIVE DATE OF 1997 AMENDMENT

Amendment by Pub. L. 105-34 effective July 1, 1998, see section

1032(f)(1) of Pub. L. 105-34, as amended, set out as a note under

section 4041 of this title.

EFFECTIVE DATE OF 1993 AMENDMENT

Amendment by Pub. L. 103-66 effective Jan. 1, 1994, see sections

13163(d) and 13242(e) of Pub. L. 103-66, set out as notes under

section 4041 of this title.

EFFECTIVE DATE OF 1989 AMENDMENT

Amendment by Pub. L. 101-239 effective as if included in the

provision of the Revenue Act of 1987, Pub. L. 100-203, title X, to

which such amendment relates, see section 7823 of Pub. L. 101-239,

set out as a note under section 26 of this title.

EFFECTIVE DATE OF 1987 AMENDMENT

Amendment by section 10502(d)(16) of Pub. L. 100-203 applicable

to sales after Mar. 31, 1988, see section 10502(e) of Pub. L.

100-203, set out as a note under section 40 of this title.

Amendment by section 10502(d)(17) of Pub. L. 100-203 treated as

if included in the amendments made by section 521 of the Superfund

Revenue Act of 1986 [Pub. L. 99-499, title V, see Effective Date of

1986 Amendment note set out under section 4041 of this title],

except that reference to section 4091 of this title in subsec.

(c)(2)(A) of this section not applicable to sales before Apr. 1,

1988, see section 2001(d)(1)(A) of Pub. L. 100-647, set out as a

note under section 4041 of this title.

EFFECTIVE DATE

Section 522(c) of Pub. L. 99-499 provided that: "The amendments

made by this section [enacting this section] shall take effect on

January 1, 1987."

-SECREF-

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in title 42 section 9601.

-End-

-CITE-

26 USC Sec. 9509 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter A - Establishment of Trust Funds

-HEAD-

Sec. 9509. Oil Spill Liability Trust Fund

-STATUTE-

(a) Creation of Trust Fund

There is established in the Treasury of the United States a trust

fund to be known as the "Oil Spill Liability Trust Fund",

consisting of such amounts as may be appropriated or credited to

such Trust Fund as provided in this section or section 9602(b).

(b) Transfers to Trust Fund

There are hereby appropriated to the Oil Spill Liability Trust

Fund amounts equivalent to -

(1) taxes received in the Treasury under section 4611 (relating

to environmental tax on petroleum) to the extent attributable to

the Oil Spill Liability Trust Fund financing rate under section

4611(c),

(2) amounts recovered under the Oil Pollution Act of 1990 for

damages to natural resources which are required to be deposited

in the Fund under section 1006(f) of such Act,

(3) amounts recovered by such Trust Fund under section 1015 of

such Act,

(4) amounts required to be transferred by such Act from the

revolving fund established under section 311(k) of the Federal

Water Pollution Control Act,

(5) amounts required to be transferred by the Oil Pollution Act

of 1990 from the Deepwater Port Liability Fund established under

section 18(f) of the Deepwater Port Act of 1974,

(6) amounts required to be transferred by the Oil Pollution Act

of 1990 from the Offshore Oil Pollution Compensation Fund

established under section 302 of the Outer Continental Shelf

Lands Act Amendments of 1978,

(7) amounts required to be transferred by the Oil Pollution Act

of 1990 from the Trans-Alaska Pipeline Liability Fund established

under section 204 of the Trans-Alaska Pipeline Authorization Act,

and

(8) any penalty paid pursuant to section 311 of the Federal

Water Pollution Control Act, section 309(c) of such Act (as a

result of violations of such section 311), the Deepwater Port Act

of 1974, or section 207 of the Trans-Alaska Pipeline

Authorization Act.

(c) Expenditures

(1) Expenditure purposes

Amounts in the Oil Spill Liability Trust Fund shall be

available, as provided in appropriation Acts or section 6002(b)

of the Oil Pollution Act of 1990, only for purposes of making

expenditures -

(A) for the payment of removal costs and other costs,

expenses, claims, and damages referred to in section 1012 of

such Act,

(B) to carry out sections 5 and 7 of the Intervention on the

High Seas Act relating to oil pollution or the substantial

threat of oil pollution,

(C) for the payment of liabilities incurred by the revolving

fund established by section 311(k) of the Federal Water

Pollution Control Act,

(D) to carry out subsections (b), (c), (d), (j), and (l) of

section 311 of the Federal Water Pollution Control Act with

respect to prevention, removal, and enforcement related to oil

discharges (as defined in such section),

(E) for the payment of liabilities incurred by the Deepwater

Port Liability Fund, and

(F) for the payment of liabilities incurred by the Offshore

Oil Pollution Compensation Fund.

(2) Limitations on expenditures

(A) $1,000,000,000 per incident, etc.

The maximum amount which may be paid from the Oil Spill

Liability Trust Fund with respect to -

(i) any single incident shall not exceed $1,000,000,000,

and

(ii) natural resource damage assessments and claims in

connection with any single incident shall not exceed

$500,000,000.

(B) $30,000,000 minimum balance

Except in the case of payments of removal costs, a payment

may be made from such Trust Fund only if the amount in such

Trust Fund after such payment will not be less than

$30,000,000.

(d) Authority to borrow

(1) In general

There are authorized to be appropriated to the Oil Spill

Liability Trust Fund, as repayable advances, such sums as may be

necessary to carry out the purposes of such Trust Fund.

(2) Limitation on amount outstanding

The maximum aggregate amount of repayable advances to the Oil

Spill Liability Trust Fund which is outstanding at any one time

shall not exceed $1,000,000,000.

(3) Repayment of advances

(A) In general

Advances made to the Oil Spill Liability Trust Fund shall be

repaid, and interest on such advances shall be paid, to the

general fund of the Treasury when the Secretary determines that

moneys are available for such purposes in such Fund.

(B) Final repayment

No advance shall be made to the Oil Spill Liability Trust

Fund after December 31, 1994, and all advances to such Fund

shall be repaid on or before such date.

(C) Rate of interest

Interest on advances made pursuant to this subsection shall

be -

(i) at a rate determined by the Secretary of the Treasury

(as of the close of the calendar month preceding the month in

which the advance is made) to be equal to the current average

market yield on outstanding marketable obligations of the

United States with remaining periods to maturity comparable

to the anticipated period during which the advance will be

outstanding, and

(ii) compounded annually.

(e) Liability of the United States limited to amount in Trust Fund

(1) General rule

Any claim filed against the Oil Spill Liability Trust Fund may

be paid only out of such Trust Fund.

(2) Coordination with other provisions

Nothing in the Oil Pollution Act of 1990 (or in any amendment

made by such Act) shall authorize the payment by the United

States Government of any amount with respect to any such claim

out of any source other than the Oil Spill Liability Trust Fund.

(3) Order in which unpaid claims are to be paid

If at any time the Oil Spill Liability Trust Fund has

insufficient funds (or is unable by reason of subsection (c)(2))

to pay all of the claims out of such Trust Fund at such time,

such claims shall, to the extent permitted under paragraph (1)

and such subsection, be paid in full in the order in which they

were finally determined.

(f) References to Oil Pollution Act of 1990

Any reference in this section to the Oil Pollution Act of 1990 or

any other Act referred to in a subparagraph of subsection (c)(1)

shall be treated as a reference to such Act as in effect on the

date of the enactment of this subsection.

-SOURCE-

(Added Pub. L. 99-509, title VIII, Sec. 8033(a), Oct. 21, 1986, 100

Stat. 1959, Sec. 9507; renumbered Sec. 9509, Pub. L. 99-509, title

VIII, Sec. 8033(c)(2)(B), Oct. 21, 1986, 100 Stat. 1962; amended

Pub. L. 100-647, title I, Sec. 1018(u)(20), Nov. 10, 1988, 102

Stat. 3591; Pub. L. 101-239, title VII, Secs. 7505(d)(2),

7811(m)(3), Dec. 19, 1989, 103 Stat. 2364, 2412; Pub. L. 101-380,

title IX, Sec. 9001, Aug. 18, 1990, 104 Stat. 573.)

-REFTEXT-

REFERENCES IN TEXT

The Oil Pollution Act of 1990, referred to in subsecs. (b)(2),

(3), (5)-(7), (c)(1), (e)(2), and (f), is Pub. L. 101-380, Aug. 18,

1990, 104 Stat. 484, which is classified principally to chapter 40

(Sec. 2701 et seq.) of Title 33, Navigation and Navigable Waters.

Sections 1006, 1012, 1015, and 6002 of the Act are classified to

sections 2706, 2712, 2715, and 2752 of Title 33, respectively. For

complete classification of this Act to the Code, see Short Title

note set out under section 2701 of Title 33 and Tables.

Section 311 of the Federal Water Pollution Control Act, referred

to in subsecs. (b)(4), (8) and (c)(1)(C), (D), is classified to

section 1321 of Title 33. Subsec. (d) of section 311, which related

to maritime disaster discharges, was amended generally by Pub. L.

101-380, title IV, Sec. 4201(b), Aug. 18, 1990, 104 Stat. 525.

Subsec. (k) of section 311 was repealed by Pub. L. 101-380, title

II, Sec. 2002(b)(2), Aug. 18, 1990, 104 Stat. 507.

The Deepwater Port Act of 1974, referred to in subsec. (b)(5),

(8), is Pub. L. 93-627, Jan. 3, 1975, 88 Stat. 2126, as amended,

which is classified generally to chapter 29 (Sec. 1501 et seq.) of

Title 33. Section 18 of the Act was classified to section 1517 of

Title 33 prior to its repeal by Pub. L. 101-380, title II, Sec.

2003(a)(2), Aug. 18, 1990, 104 Stat. 507. For complete

classification of this Act to the Code, see Short Title note set

out under section 1501 of Title 33 and Tables.

Section 302 of the Outer Continental Shelf Lands Act Amendments

of 1978, referred to in subsec. (b)(6), was classified to section

1812 of Title 43, Public Lands, prior to its repeal by Pub. L.

101-380, title II, Sec. 2004, Aug. 18, 1990, 104 Stat. 507.

Sections 204 and 207 of the Trans-Alaska Pipeline Authorization

Act, referred to in subsec. (b)(7), (8), are classified to sections

1653 and 1656, respectively, of Title 43.

Section 309(c) of the Federal Water Pollution Control Act,

referred to in subsec. (b)(8), is classified to section 1319(c) of

Title 33, Navigation and Navigable Waters.

Sections 5 and 7 of the Intervention on the High Seas Act,

referred to in subsec. (c)(1)(B), are classified to sections 1474

and 1476, respectively, of Title 33.

The date of the enactment of this subsection, referred to in

subsec. (f), probably means the date of enactment of Pub. L.

101-380, which was approved Aug. 18, 1990, and which amended

subsec. (f) generally.

-MISC1-

AMENDMENTS

1990 - Subsec. (b)(2) to (8). Pub. L. 101-380, Sec. 9001(a),

added pars. (2) to (8) and struck out former pars. (2) to (5) which

read as follows:

"(2) amounts recovered, collected, or received under subtitle A

of the Comprehensive Oil Pollution Liability and Compensation Act,

"(3) amounts remaining (on January 1, 1990) in the Deepwater Port

Liability Fund established by section 18(f) of the Deepwater Port

Act of 1974,

"(4) amounts remaining (on such date) in the Offshore Oil

Pollution Compensation Fund established under section 302 of the

Outer Continental Shelf Lands Act Amendments of 1978, and

"(5) amounts credited to such trust fund under section 311(s) of

the Federal Water Pollution Control Act."

Subsec. (c)(1). Pub. L. 101-380, Sec. 9001(b), amended par. (1)

generally, substituting "Expenditure purposes" for "General

expenditure purposes" in heading and substituting current text

consisting of subpars. (A) to (F) for former text consisting of

general provisions in subpar. (A) and special rules in subpar. (B).

Subsec. (c)(2)(A). Pub. L. 101-380, Sec. 9001(c), substituted

"$1,000,000,000" for "$500,000,000" in heading and in cl. (i), and

substituted "$500,000,000" for "$250,000,000" in cl. (ii).

Subsec. (c)(2)(B). Pub. L. 101-380, Sec. 9001(e)(2), substituted

"payments of removal costs" for "payments described in paragraph

(1)(A)(i)".

Subsec. (d)(2). Pub. L. 101-380, Sec. 9001(d)(1), substituted

"$1,000,000,000" for "$500,000,000".

Subsec. (d)(3)(B). Pub. L. 101-380, Sec. 9001(d)(2), substituted

"December 31, 1994" for "December 31, 1991".

Subsec. (e)(2). Pub. L. 101-380, Sec. 9001(e)(1), substituted

"Oil Pollution Act of 1990" for "Comprehensive Oil Pollution

Liability and Compensation Act".

Subsec. (f). Pub. L. 101-380, Sec. 9001(e)(3), substituted

"References to Oil Pollution Act of 1990" for "References to

Comprehensive Oil Pollution Liability and Compensation Act" in

heading and amended text generally. Prior to amendment, text read

as follows: "For purposes of this section, references to the

Comprehensive Oil Pollution Liability and Compensation Act shall be

treated as references to any law enacted before December 31, 1990,

which is substantially identical to subtitle E of title VI, or

subtitle D of title VIII, of H.R. 5300 of the 99th Congress as

passed by the House of Representatives."

1989 - Subsec. (b)(3). Pub. L. 101-239, Sec. 7811(m)(3), made

technical correction to directory language of Pub. L. 100-647, see

1988 Amendment note below.

Pub. L. 101-239, Sec. 7505(d)(2)(B), substituted "(on January 1,

1990)" for "(on the 1st day the Oil Spill Liability Trust Fund

financing rate under section 4611(c) applies)".

Subsec. (c)(1)(A). Pub. L. 101-239, Sec. 7505(d)(2)(C), which

directed amendment of subsec. (c)(1) by striking the last sentence,

was executed by striking out the last sentence of subsec.

(c)(1)(A), as the probable intent of Congress. Such sentence read

as follows: "For purposes of this subparagraph, references to the

Comprehensive Oil Pollution Liability and Compensation Act shall be

treated as references to qualified authorizing legislation (as

defined in section 4611)."

Subsec. (f). Pub. L. 101-239, Sec. 7505(d)(2)(A), added subsec.

(f).

1988 - Subsec. (b)(3). Pub. L. 100-647, as amended by Pub. L.

101-239, Sec. 7811(m)(3), substituted "Deepwater" for "Deep Water"

wherever appearing.

EFFECTIVE DATE OF 1990 AMENDMENT

Amendment by Pub. L. 101-380 applicable to incidents occurring

after Aug. 18, 1990, see section 1020 of Pub. L. 101-380, set out

as an Effective Date note under section 2701 of Title 33,

Navigation and Navigable Waters.

EFFECTIVE DATE OF 1989 AMENDMENT

Amendment by section 7811(m)(3) of Pub. L. 101-239 effective,

except as otherwise provided, as if included in the provision of

the Technical and Miscellaneous Revenue Act of 1988, Pub. L.

100-647, to which such amendment relates, see section 7817 of Pub.

L. 101-239, set out as a note under section 1 of this title.

EFFECTIVE DATE OF 1988 AMENDMENT

Amendment by Pub. L. 100-647 effective, except as otherwise

provided, as if included in the provision of the Tax Reform Act of

1986, Pub. L. 99-514, to which such amendment relates, see section

1019(a) of Pub. L. 100-647, set out as a note under section 1 of

this title.

EFFECTIVE DATE

Section 8033(c)(1) of Pub. L. 99-509 provided that: "The

amendments made by this section [enacting this section] shall take

effect on the commencement date (as defined in section 4611 of the

Internal Revenue Code of 1954 [now 1986], as amended by this

part)."

[For purposes of section 8033(c) of Pub. L. 99-509, set out as

notes above and below, the commencement date is Jan. 1, 1990, see

section 7505(d)(1) of Pub. L. 101-239, set out as an Effective Date

of 1986 Amendment note under section 4611 of this title.]

REPORT ON OIL SPILL LIABILITY TRUST FUND

Pub. L. 107-295, title III, Sec. 322(a), Nov. 25, 2002, 116 Stat.

2103, provided that: "The report regarding the Oil Spill Liability

Trust Fund required by the Conference Report (House Report 101-892)

accompanying the Department of Transportation and Related Agencies

Appropriations Act, 1991, [Pub. L. 101-516] as that requirement was

amended by section 1122 of the Federal Reports Elimination and

Sunset Act of 1995 (Public Law 104-66) [see below], shall no longer

be submitted to the Congress."

Pub. L. 104-66, title I, Sec. 1122(a), Dec. 21, 1995, 109 Stat.

724, provided that: "The quarterly report regarding the Oil Spill

Liability Trust Fund required to be submitted to the House and

Senate Committees on Appropriations under House Report 101-892,

accompanying the appropriations for the Coast Guard in the

Department of Transportation and Related Agencies Appropriations

Act, 1991 [Pub. L. 101-516], shall be submitted not later than 30

days after the end of the fiscal year in which this Act is enacted

and annually thereafter."

[House Report 101-892, 101st Congress, 2d Session, provided that:

"The conferees direct the Coast Guard to submit quarterly reports

to the House and Senate Committee on Appropriations detailing and

summarizing all transfers to and expenditures from the oil spill

liability trust fund. Each report shall account for each transfer

to and expenditure from the fund as authorized by Section 9509 of

the Internal Revenue Code of 1986, as amended, and Sections 5003

and 5004 of the Oil Pollution Act of 1990 (Public Law 101-380) [33

U.S.C. 2733, 2734]. The report shall also show amounts collectable

under Section 9509(b)(2), (3), and (8) of the Internal Revenue Code

of 1986. For those authorized expenditures subject to limitations,

the report shall so indicate. The Coast Guard shall confer with the

House and Senate Committees on Appropriations as to the format for

these reports."]

DEEPWATER PORT LIABILITY FUND

Section 2003(b) of Pub. L. 101-380 provided that: "Any amounts

remaining in the Deepwater Port Liability Fund established under

section 18(f) of the Deepwater Port Act of 1974 (33 U.S.C. [former]

1517(f)) shall be deposited in the Oil Spill Liability Trust Fund

established under section 9509 of the Internal Revenue Code of 1986

(26 U.S.C. 9509). The Oil Spill Liability Trust Fund shall assume

all liability incurred by the Deepwater Port Liability Fund."

OFFSHORE OIL POLLUTION COMPENSATION FUND

Section 2004 of Pub. L. 101-380 provided that: "Title III of the

Outer Continental Shelf Lands Act Amendments of 1978 (43 U.S.C.

1811-1824) is repealed. Any amounts remaining in the Offshore Oil

Pollution Compensation Fund established under section 302 of that

title (43 U.S.C. 1812) shall be deposited in the Oil Spill

Liability Trust Fund established under section 9509 of the Internal

Revenue Code of 1986 (26 U.S.C. 9509). The Oil Spill Liability

Trust Fund shall assume all liability incurred by the Offshore Oil

Pollution Compensation Fund."

DEPOSIT OF CERTAIN PENALTIES INTO OIL SPILL LIABILITY TRUST FUND

Section 4304 of Pub. L. 101-380 provided that: "Penalties paid

pursuant to section 311 of the Federal Water Pollution Control Act

[33 U.S.C. 1321], section 309(c) of that Act [33 U.S.C. 1319(c)],

as a result of violations of section 311 of that Act, and the

Deepwater Port Act of 1974 [33 U.S.C. 1501 et seq.], shall be

deposited in the Oil Spill Liability Trust Fund created under

section 9509 of the Internal Revenue Code of 1986 (26 U.S.C.

9509)."

COORDINATION WITH SUPERFUND REAUTHORIZATION

Section 8033(c)(2) of Pub. L. 99-509 provided that: "If the

Superfund Amendments and Reauthorization Act of 1986 is enacted -

"(A) subsection (a) of this section shall be applied by

substituting 'section 9508' for 'section 9506',

"(B) section 9507 of the Internal Revenue Code of 1954 [now

1986], as added by this section, is hereby redesignated as

section 9509 of such Code, and

"(C) in lieu of the amendment made by subsection (b), the table

of sections for subchapter A of chapter 98 of such Code is

amended by adding after the item relating to section 9508 the

following new item:

" 'Sec. 9509. Oil Spill Liability Trust Fund.' "

-SECREF-

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in title 33 sections 1321, 2701,

2718.

-End-

-CITE-

26 USC Sec. 9510 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter A - Establishment of Trust Funds

-HEAD-

Sec. 9510. Vaccine Injury Compensation Trust Fund

-STATUTE-

(a) Creation of Trust Fund

There is established in the Treasury of the United States a trust

fund to be known as the "Vaccine Injury Compensation Trust Fund",

consisting of such amounts as may be appropriated or credited to

such Trust Fund as provided in this section or section 9602(b).

(b) Transfers to Trust Fund

(1) In general

There are hereby appropriated to the Vaccine Injury

Compensation Trust Fund amounts equivalent to the net revenues

received in the Treasury from the tax imposed by section 4131

(relating to tax on certain vaccines).

(2) Net revenues

For purposes of paragraph (1), the term "net revenues" means

the amount estimated by the Secretary based on the excess of -

(A) the taxes received in the Treasury under section 4131

(relating to tax on certain vaccines), over

(B) the decrease in the tax imposed by chapter 1 resulting

from the tax imposed by section 4131.

(3) Limitation on transfers to Vaccine Injury Compensation Trust

Fund

No amount may be appropriated to the Vaccine Injury

Compensation Trust Fund on and after the date of any expenditure

from the Trust Fund which is not permitted by this section. The

determination of whether an expenditure is so permitted shall be

made without regard to -

(A) any provision of law which is not contained or referenced

in this title or in a revenue Act, and

(B) whether such provision of law is a subsequently enacted

provision or directly or indirectly seeks to waive the

application of this paragraph.

(c) Expenditures from Trust Fund

(1) In general

Amounts in the Vaccine Injury Compensation Trust Fund shall be

available, as provided in appropriation Acts, only for -

(A) the payment of compensation under subtitle 2 of title XXI

of the Public Health Service Act (as in effect on October 18,

2000) for vaccine-related injury or death with respect to any

vaccine -

(i) which is administered after September 30, 1988, and

(ii) which is a taxable vaccine (as defined in section

4132(a)(1)) at the time compensation is paid under such

subtitle 2, or

(B) the payment of all expenses of administration (but not in

excess of $9,500,000 for any fiscal year) incurred by the

Federal Government in administering such subtitle.

(2) Transfers for certain repayments

(A) In general

The Secretary shall pay from time to time from the Vaccine

Injury Compensation Trust Fund into the general fund of the

Treasury amounts equivalent to amounts paid under section

4132(b) and section 6416 with respect to the taxes imposed by

section 4131.

(B) Transfers based on estimates

Transfers under subparagraph (A) shall be made on the basis

of estimates by the Secretary, and proper adjustments shall be

made in the amounts subsequently transferred to the extent

prior estimates were in excess of or less than the amounts

required to be transferred.

(d) Liability of United States limited to amount in Trust Fund

(1) General rule

Any claim filed against the Vaccine Injury Compensation Trust

Fund may be paid only out of such Trust Fund.

(2) Coordination with other provisions

Nothing in the National Childhood Vaccine Injury Act of 1986

(or in any amendment made by such Act) shall authorize the

payment by the United States Government of any amount with

respect to any such claim out of any source other than the

Vaccine Injury Compensation Trust Fund.

(3) Order in which unpaid claims to be paid

If at any time the Vaccine Injury Compensation Trust Fund has

insufficient funds to pay all of the claims out of such Trust

Fund at such time, such claims shall, to the extent permitted

under paragraph (1) be paid in full in the order in which they

are finally determined.

-SOURCE-

(Added Pub. L. 100-203, title IX, Sec. 9202(a), Dec. 22, 1987, 101

Stat. 1330-330; amended Pub. L. 100-647, title II, Sec. 2006(b),

Nov. 10, 1988, 102 Stat. 3613; Pub. L. 101-239, title VII, Sec.

7841(g)(1), Dec. 19, 1989, 103 Stat. 2429; Pub. L. 103-66, title

XIII, Sec. 13421(b), Aug. 10, 1993, 107 Stat. 566; Pub. L. 105-277,

div. C, title XV, Sec. 1504(a), div. J, title IV, Sec. 4003(d),

Oct. 21, 1998, 112 Stat. 2681-741, 2681-909; Pub. L. 106-170, title

V, Sec. 523(b)(1), (2), Dec. 17, 1999, 113 Stat. 1927; Pub. L.

106-554, Sec. 1(a)(7) [title III, Sec. 318(f)], Dec. 21, 2000, 114

Stat. 2763, 2763A-646.)

-REFTEXT-

REFERENCES IN TEXT

The Public Health Service Act, referred to in subsec. (c)(1)(A),

is act July 1, 1944, ch. 373, 58 Stat. 682, as amended. Subtitle 2

of title XXI of the Public Health Service Act is classified

generally to part 2 (Sec. 300aa-10 et seq.) of subchapter XIX of

chapter 6A of Title 42, The Public Health and Welfare. For complete

classification of this Act to the Code, see Short Title note set

out under section 201 of Title 42 and Tables.

The National Childhood Vaccine Injury Act of 1986, referred to in

subsec. (d)(2), is title III of Pub. L. 99-660, Nov. 14, 1986, 100

Stat. 3755, as amended, which is classified principally to

subchapter XIX (Sec. 300aa-1 et seq.) of chapter 6A of Title 42.

For complete classification of this Act to the Code, see Short

Title of 1986 Amendments note set out under section 201 of Title 42

and Tables.

-MISC1-

AMENDMENTS

2000 - Subsec. (c)(1)(A). Pub. L. 106-554 substituted "October

18, 2000" for "December 31, 1999".

1999 - Subsec. (b)(3). Pub. L. 106-170, Sec. 523(b)(1), repealed

Pub. L. 105-277, Sec. 1504(a)(2). See 1998 Amendment note below.

Subsec. (c)(1). Pub. L. 106-170, Sec. 523(b)(1), repealed Pub. L.

105-277, Sec. 1504(a)(1). See 1998 Amendment note below.

Subsec. (c)(1)(A). Pub. L. 106-170, Sec. 523(b)(2), substituted

"December 31, 1999" for "August 5, 1997".

1998 - Subsec. (b)(3). Pub. L. 105-277, Sec. 4003(d)(2), added

par. (3).

Pub. L. 105-277, Sec. 1504(a)(2), which directed amendment of

subsec. (b) by adding a new par. (3) at the end, was repealed by

Pub. L. 106-170, Sec. 523(b)(1).

Subsec. (c)(1). Pub. L. 105-277, Sec. 4003(d)(1), amended heading

and text of par. (1) generally. Prior to amendment, text read as

follows: "Amounts in the Vaccine Injury Compensation Trust Fund

shall be available, as provided in appropriation Acts, only for the

payment of compensation under subtitle 2 of title XXI of the Public

Health Service Act (as in effect on the date of the enactment of

this section) for vaccine-related injury or death with respect to

vaccines administered after September 30, 1988, or for the payment

of all expenses of administration (but not in excess of $6,000,000

for any fiscal year) incurred by the Federal Government in

administering such subtitle."

Pub. L. 105-277, Sec. 1504(a)(1), which directed the general

amendment of par. (1), was repealed by Pub. L. 106-170, Sec.

523(b)(1).

1993 - Subsec. (c)(1). Pub. L. 103-66 struck out "and before

October 1, 1992," after "September 30, 1988,".

1989 - Subsec. (c)(1). Pub. L. 101-239 inserted before period at

end ", or for the payment of all expenses of administration (but

not in excess of $6,000,000 for any fiscal year) incurred by the

Federal Government in administering such subtitle".

1988 - Subsec. (a). Pub. L. 100-647 inserted "appropriated or"

before "credited" and "this section or" before "section 9602(b)".

EFFECTIVE DATE OF 1999 AMENDMENT

Amendment by Pub. L. 106-170 effective as if included in the

provisions of the Omnibus Consolidated and Emergency Supplemental

Appropriations Act, 1999, Pub. L. 105-277, to which such amendment

relates, see section 523(b)(3) of Pub. L. 106-170, set out as a

note under section 4132 of this title.

EFFECTIVE DATE OF 1998 AMENDMENT

Pub. L. 105-277, div. C, title XV, Sec. 1504(b), Oct. 21, 1998,

112 Stat. 2681-742, which provided that the amendments made to this

section by Pub. L. 105-277, Sec. 1504, were to take effect as if

included in the provisions of the Taxpayer Relief Act of 1997, Pub.

L. 105-34, to which they related, was repealed by Pub. L. 106-170,

title V, Sec. 523(b)(1), Dec. 17, 1999, 113 Stat. 1927.

Amendment by section 4003(d) of Pub. L. 105-277 effective as if

included in the provision of the Taxpayer Relief Act of 1997, Pub.

L. 105-34, to which such amendment relates, see section 4003(l) of

Pub. L. 105-277, set out as a note under section 86 of this title.

EFFECTIVE DATE OF 1989 AMENDMENT

Section 7841(g)(2) of Pub. L. 101-239 provided that: "The

amendment made by paragraph (1) [amending this section] shall apply

to fiscal years beginning after September 30, 1989."

EFFECTIVE DATE OF 1988 AMENDMENT

Amendment by Pub. L. 100-647 effective as if included in the

amendments made by section 9201 of the Omnibus Budget

Reconciliation Act of 1987, Pub. L. 100-203, see section 2006(c) of

Pub. L. 100-647, set out as a note under section 4132 of this

title.

EFFECTIVE DATE

Section 9202(c) of Pub. L. 100-203 provided that: "The amendments

made by this section [enacting this section] shall take effect on

January 1, 1988."

-SECREF-

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in title 42 sections 300aa-15,

300aa-17.

-End-

-CITE-

26 USC [Sec. 9511 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter A - Establishment of Trust Funds

-HEAD-

[Sec. 9511. Repealed. Pub. L. 105-178, title IX, Sec. 9011(a), June

9, 1998, 112 Stat. 508]

-MISC1-

Section, added Pub. L. 102-240, title VIII, Sec. 8003(a), Dec.

18, 1991, 105 Stat. 2205; amended Pub. L. 105-130, Sec. 9(c), Dec.

1, 1997, 111 Stat. 2561, related to National Recreational Trails

Trust Fund.

-End-

-CITE-

26 USC Subchapter B - General Provisions 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter B - General Provisions

-HEAD-

SUBCHAPTER B - GENERAL PROVISIONS

-MISC1-

Sec.

9601. Transfer of amounts.

9602. Management of Trust Funds.

-SECREF-

SUBCHAPTER REFERRED TO IN OTHER SECTIONS

This subchapter is referred to in title 21 section 886.

-End-

-CITE-

26 USC Sec. 9601 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter B - General Provisions

-HEAD-

Sec. 9601. Transfer of amounts

-STATUTE-

The amounts appropriated by any section of subchapter A to any

Trust Fund established by such subchapter shall be transferred at

least monthly from the general fund of the Treasury to such Trust

Fund on the basis of estimates made by the Secretary of the

Treasury of the amounts referred to in such section. Proper

adjustments shall be made in the amounts subsequently transferred

to the extent prior estimates were in excess of or less than the

amounts required to be transferred.

-SOURCE-

(Added Pub. L. 97-119, title I, Sec. 103(a), Dec. 29, 1981, 95

Stat. 1638.)

-SECREF-

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in title 19 section 3539; title 42

section 1395i.

-End-

-CITE-

26 USC Sec. 9602 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle I - Trust Fund Code

CHAPTER 98 - TRUST FUND CODE

Subchapter B - General Provisions

-HEAD-

Sec. 9602. Management of Trust Funds

-STATUTE-

(a) Report

It shall be the duty of the Secretary of the Treasury to hold

each Trust Fund established by subchapter A, and (after

consultation with any other trustees of the Trust Fund) to report

to the Congress each year on the financial condition and the

results of the operations of each such Trust Fund during the

preceding fiscal year and on its expected condition and operations

during the next 5 fiscal years. Such report shall be printed as a

House document of the session of the Congress to which the report

is made.

(b) Investment

(1) In general

It shall be the duty of the Secretary of the Treasury to invest

such portion of any Trust Fund established by subchapter A as is

not, in his judgment, required to meet current withdrawals. Such

investments may be made only in interest-bearing obligations of

the United States. For such purpose, such obligations may be

acquired -

(A) on original issue at the issue price, or

(B) by purchase of outstanding obligations at the market

price.

(2) Sale of obligations

Any obligation acquired by a Trust Fund established by

subchapter A may be sold by the Secretary of the Treasury at the

market price.

(3) Interest on certain proceeds

The interest on, and the proceeds from the sale or redemption

of, any obligations held in a Trust Fund established by

subchapter A shall be credited to and form a part of the Trust

Fund.

-SOURCE-

(Added Pub. L. 97-119, title I, Sec. 103(a), Dec. 29, 1981, 95

Stat. 1638.)

-SECREF-

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in sections 9502, 9503, 9504, 9505,

9506, 9507, 9508, 9509 of this title; title 19 section 3539; title

42 sections 9505, 9506, 9507, 9508, 9510.

-End-

-CITE-

26 USC Subtitle J - Coal Industry Health Benefits 01/06/03

-EXPCITE-

TITLE 26 - INTERNAL REVENUE CODE

Subtitle J - Coal Industry Health Benefits

-HEAD-

Subtitle J - Coal Industry Health Benefits

-MISC1-

Chapter Sec.(!1)

99. Coal industry health benefits 9701

-FOOTNOTE-

(!1) Section numbers editorially supplied.

-End-