To amend title 23, United States Code, to assist States with a high unemployment rate under the equity bonus program, and for other purposes.

Revises requirements for the equity bonus program for specified federal-aid highway programs for FY2010-FY2015 with respect to any state with an unemployment rate equal to or exceeding 12% at any time during FY2009.

Increases from 92% to 105% the percentage for such a state of the total fiscal year apportionments for the programs.

[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3314 Introduced in House (IH)]

111th CONGRESS
  1st Session
                                H. R. 3314

  To amend title 23, United States Code, to assist States with a high 
    unemployment rate under the equity bonus program, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 23, 2009

   Mr. Schauer (for himself, Mr. Levin, Mr. Dingell, Mr. Peters, Ms. 
  Kilpatrick of Michigan, Mr. Kildee, and Mr. Conyers) introduced the 
 following bill; which was referred to the Committee on Transportation 
                           and Infrastructure

_______________________________________________________________________

                                 A BILL


 
  To amend title 23, United States Code, to assist States with a high 
    unemployment rate under the equity bonus program, 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. EQUITY BONUS PROGRAM.

    (a) State Percentage.--With respect to an eligible State during 
fiscal years 2010 through 2015, section 105(b)(1)(A) of title 23, 
United States Code, shall be applied by substituting ``105 percent'' 
for ``92 percent''.
    (b) Eligible State Defined.--In this Act, the term ``eligible 
State'' means a State with an unemployment rate, as determined by the 
Secretary of Transportation, equal to or exceeding 12 percent at any 
time during fiscal year 2009.
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