Transportation trust funds

hearing before a subcommittee of the Committee on Appropriations, United States Senate, One Hundred First Congress, first session, special hearing.
  • 76 Pages
  • 3.45 MB
  • English
U.S. G.P.O., For sale by the Supt. of Docs., Congressional Sales Office, U.S. G.P.O. , Washington
Transportation -- United States -- Finance., Budget -- United States., Budget deficits -- United St


United States, United St

SeriesS. hrg. ;, 101-376
LC ClassificationsKF26 .A66 1989b
The Physical Object
Paginationiii, 76 p. :
ID Numbers
Open LibraryOL1984987M
LC Control Number90600200

The current Transportation Trust Fund Statute (N.J.S.A. B-1, et seq.) and dedication of revenues found in the State Constitution. "Trust Fund" had to have been a joke or a mistake.

I started reading this book on a flight to LA, but found it more interesting and stimulating to put it down and stare at the seatback in front of me. I tried again at my hotel during my stay; no luck, anything was better than trudging through the "Trust Fund" muck with Bo & Co/5(46).

The State Transportation Improvement Program Fund Estimate Book was prepared by the California Department of Transportation, Division of Budgets, Revenue Forecasting and Financial Analysis Branch, and is available online at FAST Act Fixing America's Surface Transportation FE Fund Estimate FTF Federal Trust Fund GARVEE File Size: 2MB.

Since then, Congress has transferred $ billion in general funds, including $70 billion in the reauthorization, to keep the highway trust fund. Pursuant to a congressional request, GAO commented on the budgetary treatment of transportation trust funds.

GAO noted that: (1) although transportation trust funds have raised expectations created by the use of earmarked taxes, they could reduce the budget's effectiveness and limit Congress' ability to make trade-offs; (2) in response to this dilemma. The Transportation Trust Fund was created in to establish a dedicated fund to support the Maryland Department of Transportation (MDOT).

The use of this integrated trust fund approach allows Maryland tremendous flexibility to meet varying transportation service and infrastructure needs. The Transportation Trust Fund is a special fund that is separate from the State’s General Fund.

The General Fund consists of revenues collected by the State that are not dedicated by law to any specific purpose; a special fund consists of revenues, the use of which are statutorily limited as to Size: 14KB. Dedicated Public Transportation Trust Fund with five program accounts: PTTF Revenue Sources: a.

Dedicate % of sales tax (Revenue neutral swap for existing General Fund operating and Act 3) b. Dedicate $85 - $90 million from the Lottery fund for the Free Transit for Senior Citizens Program in FY File Size: KB.

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solely by tax and fee revenue deposited in the Highway Trust Fund. Sincethe federal motor fuels tax rate has remained at cents per gallon of gasoline and cents per gallon of diesel fuel. These collections have not kept up with the rising demands on the nation’s transportation system.

Transportation trust funds book Sincethe Highway Trust Fund has File Size: KB. GAO discussed the status of the Highway and the Airport and Airway Trust Funds, focusing on the use of the trust funds to mask the federal budget deficit.

GAO found that: (1) revenues to Transportation trust funds book funds come from excise taxes; (2) the balance of the highway account was a little over $9 billion, which the Federal Highway Administration (FHwA) needed to pay outstanding.

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portation Trust Fund to help cover general fund expenses and balance the budget. It was the second year in a row he proposed such a diversion and took place even as he was asking state legislators to come up with new revenues to help meet Dela-ware’s transportation needs Protections for transportation trust fundsFile Size: KB.

See Rydex Transportation Fund (RYTSX) mutual fund ratings from all the top fund analysts in one place. See Rydex Transportation Fund performance, holdings. 8/ FY payment to the Highway Trust Fund comprised of $ billion to the Highway Account and $ billion to the Mass Transit Account.

1/ FY and FY include FHWA General Operating Expenses (GOE) and transfers to the Appalachian Regional Commission (ARC) for administrative.

Understanding the Projections of the Highway Trust Fund: A Tutorial. The Surface Transportation and Veterans Health Care Choice Improvement Act of (P.L. ) authorized General Fund transfers to the Highway Account and Mass Transit Account of the Highway Trust Fund.

Funding Sources. The Commonwealth Transportation Fund receives dedicated state and federal revenues. Estimated revenue for the fund provides for allocations in the Six-Year Financial Plan adopted by the CTB.

The plan provides allocations for Virginia’s transportation program. The Grantor: This is the person who establishes the trust fund, donates the property (such as cash, stocks, bonds, real estate, mutual funds, art, a private business, or anything else of value) to the fund, and who decides the terms upon which it must be managed.

The Beneficiary: This is the person for whom. The Rydex Transportation Fund (RYTSX) is part of the Rydex family of mutual funds and was established in This sector-focused fund is managed by Michael Byrum and Ryan A. Harder. The Highway Trust Fund is a transportation fund in the United States which receives money from a federal fuel tax of cents per gallon on gasoline and cents per gallon of diesel fuel and related excise taxes.

It currently has two accounts, the Highway Account which funds road construction and other surface transportation projects, and a smaller 'Mass Transit Account'. The Mass Transportation Trust Fund is further split 34 percent to the MTA and 3 percent to the non-MTA systems. In SFYSTOA, and other transportation assistance, funds from all revenue sources accounted for approximately $ billion in operating aid statewide.

This level of appropriation was supported by additional general funding. Get this from a library. Transportation trust funds: hearing before a subcommittee of the Committee on Appropriations, United States Senate, One Hundred First Congress, first session, special hearing.

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[United States. Congress. Senate. Committee on Appropriations. Subcommittee on Transportation and Related Agencies.]. Resource Percentage of Transportation Funding Description Motor Fuel Tax 54 percent: The motor fuel tax changes at the beginning of each year based on a statutory formula that takes into consideration population and energy cost inflation.

On Jan. 1,as required by N.C. General Statutethe motor fuels tax rate changed to cents per gallon.

Description Transportation trust funds FB2

The Municipal Aid program is a competitive program intended to provide municipalities with transportation based grants to supplement their transportation programs. Starting in FY the Transportation Trust Fund (TTF) will provide $ million in State Aid to municipalities and counties for local transportation improvements.

Of that amount the Municipal Aid Program will be funded. The four primary transportation trust funds are the Federal Highway Trust Fund (supporting both the nation’s highway and transit systems), the Airport and Airway Trust Fund, the Inland Waterways Trust Fund, and the Harbor Maintenance Trust Fund.

The trust fund, if created through legislative action, would be established to accept federal transportation grants and other appropriations to expand public transit options statewide. 3 The TIMED Account was established within the Transportation Trust Fund by Act 16 of the Extraordinary Session of the Louisiana Legislature (Louisiana Revised Statute ).

Monies in the account are to be used solely to fund the TIMED Account projects as specified in File Size: 1MB. The Transportation Trust Fund (TTF)is a transportation sales tax (%, a half-cent per dollar spent) voted on by the citizens of Cape Girardeau.

All TTF revenue goes into a fund solely used to complete identified transportation improvement projects. Transportation Trust Fund (PTTF) of $ million per year through FY and $50 million per year through To replace the net loss of $ million and augment funding, $ million per year (at minimum) in vehicle sales tax revenue is to be transferred.

(2) Notwithstanding any other provisions of law, from the revenues deposited into the State Transportation Trust Fund a maximum of 7 percent in each fiscal year shall be transferred into the Right-of-Way Acquisition and Bridge Construction Trust Fund created in s.

as needed to meet the requirements of the documents authorizing the bonds issued. An insightful and practical guide to family trusts. Family Trusts is a step-by-step guide for anyone involved in family trusts: trust creators, trustees, beneficiaries, and advisors.

It will help families create and administer a culture that recognizes trusts as a gift of love/5(14). Virginia Transportation Infrastructure Bank (VTIB) is a special non-reverting, revolving loan fund that is a sub-fund of the Transportation Trust Fund.

Monies deposited into the VTIB are to be used for making loans and other financial assistance to localities, private entities and other eligible borrowers and grants to localities to finance.The Transportation Trust Fund statute (NJSA B et al.) was passed into law on J Major amendments occurred in, and Get this from a library!

Transportation trust funds. [United States. General Accounting Office. Accounting and Information Management Division.].