Maximizing the Use of Federal Funds for Job Creation Act of 2007

Maximizing the Use of Federal Funds for Job Creation Act of 2007 - Authorizes a state with an unemployment rate equal to or greater than 125% of the national unemployment rate to transfer, without limitation, any Highway Trust Fund (other than the Mass Transit Account) amounts apportioned to the state to any state apportionments for certain named federal-aid highway programs (except, amounts for highway safety improvement programs).

[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4058 Introduced in House (IH)]







110th CONGRESS
  1st Session
                                H. R. 4058

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


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            November 1, 2007

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

_______________________________________________________________________

                                 A BILL


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

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

SECTION 1. SHORT TITLE.

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

SEC. 2. TRANSFER AUTHORITY.

    (a) In General.--Except as provided in subsection (c), a State with 
an unemployment rate that is equal to or greater than 125 percent of 
the national unemployment rate is authorized to transfer, without 
limitation, any funds apportioned and any funds allocated to such State 
from amounts made available from the Highway Trust Fund (other than the 
Mass Transit Account) to any of the apportionments for the programs 
designated in subsection (b).
    (b) Designated Programs.--The following programs, authorized by 
title 23, United States Code, are the programs the apportionments of 
which funds may be transferred to under subsection (a):
            (1) The interstate maintenance program under section 119.
            (2) The National Highway System under section 103(b).
            (3) The surface transportation program under section 133.
            (4) The highway bridge replacement and rehabilitation 
        program under section 144.
    (c) Exempt Programs.--The funds made available for the highway 
safety improvement programs authorized by section 148 and chapter 4 of 
title 23, United States Code, shall not be subject to transfer under 
subsection (a).
    (d) Duration.--The transfer authority provided by subsection (a) 
shall remain in effect for a period of two years for a State or until 
the date on the State's unemployment rate is less than 125 percent of 
the national unemployment rate, whichever occurs later.
    (e) National Employment Rate Defined.--In this section, the term 
``national employment rate'' means the most recent rate of unemployment 
announced each month by Bureau of Labor Statistics of the Department of 
Labor based upon data from the current populations survey of households 
conducted for the Bureau by the Bureau of the Census of the Department 
of Commerce.
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