Summary: S.911 — 113th Congress (2013-2014)All Information (Except Text)

There is one summary for S.911. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (05/09/2013)

Emergency Transportation Safety Fund Act - Amends the Internal Revenue Code to reduce the tax rate on current and accumulated foreign earnings of U.S. corporations reinvested in the United States and make such lower rate permanent.

Establishes the Emergency Transportation Safety Fund and makes appropriations to it.

Directs the Secretary of Transportation (DOT) to compile a prioritized list of emergency transportation projects, which will guide the allocation of Fund amounts to the states.