HR 3357 111th Congress

To restore sums to the Highway Trust Fund, and for other purposes.

Latest Action

Became Public Law No: 111-46.

Congress.gov

Sponsors

Summary

(This measure has not been amended since it was passed by the House on July 29, 2009. The summary of that version is repeated here.) Amends the Internal Revenue Code with respect to determination of the balances of the Highway Trust Fund September 30, 1998. Replaces the $8.017 billion Restoration of Fund balance appropriation with a $7 billion Increase in Fund balance appropriation (without fiscal year limitation). Amends the Omnibus Appropriations Act, 2009 with respect to advances to the Unemployment Trust Fund and to the Black Lung Disability Trust Fund under the Employment and Training Administration (ETA) of the Department of Labor. Removes the FY2010 limitation on the appropriation as well as the specific dollar amount for such advances, replacing them with such appropriations as may be necessary. Increases from $315 billion to $400 billion the maximum loan principal for FY2009 commitments to guarantee single family loans insured under the Mutual Mortgage Insurance Fund (MMIF) of the Federal Housing Administration (FHA). Increases from $300 billion to $400 billion the limit on new Government National Mortgage Association (GNMA or Ginnie Mae) commitments to issue guarantees under the Mortgage-Backed Securities Loan Guarantee Program.
(This measure has not been amended since it was passed by the House on July 29, 2009. The summary of that version is repeated here.) Amends the Internal Revenue Code with respect to determination of the balances of the Highway Trust Fund September 30, 1998. Replaces the $8.017 billion Restoration of Fund balance appropriation with a $7 billion Increase in Fund balance appropriation (without fiscal year limitation). Amends the Omnibus Appropriations Act, 2009 with respect to advances to the Unemployment Trust Fund and to the Black Lung Disability Trust Fund under the Employment and Training Administration (ETA) of the Department of Labor. Removes the FY2010 limitation on the appropriation as well as the specific dollar amount for such advances, replacing them with such appropriations as may be necessary. Increases from $315 billion to $400 billion the maximum loan principal for FY2009 commitments to guarantee single family loans insured under the Mutual Mortgage Insurance Fund (MMIF) of the Federal Housing Administration (FHA). Increases from $300 billion to $400 billion the limit on new Government National Mortgage Association (GNMA or Ginnie Mae) commitments to issue guarantees under the Mortgage-Backed Securities Loan Guarantee Program.
Amends the Internal Revenue Code with respect to determination of the balances of the Highway Trust Fund September 30, 1998. Replaces the $8.017 billion Restoration of Fund balance appropriation with a $7 billion Increase in Fund balance appropriation (without fiscal year limitation). Amends the Omnibus Appropriations Act, 2009 with respect to advances to the Unemployment Trust Fund and to the Black Lung Disability Trust Fund under the Employment and Training Administration (ETA) of the Department of Labor. Removes the FY2010 limitation on the appropriation as well as the specific dollar amount for such advances, replacing them with such appropriations as may be necessary. Increases from $315 billion to $400 billion the maximum loan principal for FY2009 commitments to guarantee single family loans insured under the Mutual Mortgage Insurance Fund (MMIF) of the Federal Housing Administration (FHA). Increases from $300 billion to $400 billion the limit on new Government National Mortgage Association (GNMA or Ginnie Mae) commitments to issue guarantees under the Mortgage-Backed Securities Loan Guarantee Program.
Amends the Internal Revenue Code with respect to determination of the balances of the Highway Trust Fund September 30, 1998. Replaces the $8.017 billion Restoration of Fund balance appropriation with a $5 billion Increase in Fund balance appropriation (without fiscal year limitation). Amends the Omnibus Appropriations Act, 2009 with respect to advances to the Unemployment Trust Fund and to the Black Lung Disability Trust Fund under the Employment and Training Administration (ETA) of the Department of Labor. Removes the FY2010 limitation on the appropriation as well as the specific dollar amount for such advances, replacing them with such appropriations as may be necessary. Increases from $315 billion to $400 billion the maximum loan principal for FY2009 commitments to guarantee single family loans insured under the Mutual Mortgage Insurance Fund (MMIF) of the Federal Housing Administration (FHA). Increases from $300 billion to $400 billion the limit on new Government National Mortgage Association (GNMA or Ginnie Mae) commitments to issue guarantees under the Mortgage-Backed Securities Loan Guarantee Program.

Vote Result

Senate

Passed Senate without amendment by Yea-Nay Vote. 79 - 17. Record Vote Number: 254.

Actions

2009-08-07T00:00:00

Became Public Law No: 111-46.

2009-08-07T00:00:00

Became Public Law No: 111-46.

2009-08-07T00:00:00

Signed by President.

2009-08-07T00:00:00

Signed by President.

2009-08-04T00:00:00

Presented to President.

2009-08-04T00:00:00

Presented to President.

2009-07-31T00:00:00

Message on Senate action sent to the House.

2009-07-30T00:00:00

Cleared for White House.

2009-07-30T00:00:00

Passed Senate without amendment by Yea-Nay Vote. 79 - 17. Record Vote Number: 254.

2009-07-30T00:00:00

Passed/agreed to in Senate: Passed Senate without amendment by Yea-Nay Vote. 79 - 17. Record Vote Number: 254.

2009-07-30T00:00:00

Ruled in order by the chair.

2009-07-30T00:00:00

Motion to waive the Budget Act with respect to the measure agreed to in Senate by Yea-Nay Vote. 71 - 26. Record Vote Number: 253.

2009-07-30T00:00:00

Motion to waive the Budget Act with respect to the measure made in Senate by Unanimous Consent.

2009-07-30T00:00:00

Point of order against the measure raised in Senate by Unanimous Consent.

2009-07-30T00:00:00

Measure laid before Senate by unanimous consent. (consideration: CR S8508-8525, S8525-8533)

2009-07-30T00:00:00

Received in the Senate, read twice.

2009-07-29T00:00:00

Motion to reconsider laid on the table Agreed to without objection.

2009-07-29T00:00:00

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 363 - 68 (Roll no. 659). (text: CR H9016-9017)

2009-07-29T00:00:00

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 363 - 68 (Roll no. 659).(text: CR H9016-9017)

2009-07-29T00:00:00

DEBATE - The House proceeded with forty minutes of debate on H.R. 3357.

2009-07-29T00:00:00

Considered under suspension of the rules. (consideration: CR H9016-9023)

2009-07-29T00:00:00

Mr. Lewis (GA) moved to suspend the rules and pass the bill, as amended.

2009-07-28T00:00:00

Referred to the House Committee on Ways and Means.

2009-07-28T00:00:00

Introduced in House

2009-07-28T00:00:00

Introduced in House

Policy Areas

Economics and Public Finance

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