PUBLIC LAW 95-599—NOV. 6, 1978
92 STAT. 2757
(b) AMENDMENT or SECTION 4 0 4 1 (C)(3). — Paragraph (3) of section 4041(c) of such Code (relating to rate of tax) is amended to read 26 USC 4041. as follows: "(3) KATE OF TAX.—The rate of tax imposed by paragraph (2) is 3 cents a gallon." (c) AMENDMENT OF SECTION 6412(a)(1).—Section 6412(a)(1) 26 USC 6412. of such Code (relating to floor stocks refunds) is amended— ^ (1) by striking out "1979" each place it appears and inserting in lieu thereof "1984"; and (2) by striking out "1980" each place it appears and inserting in lieu thereof "1985". SEC. 503. 5-YEAR EXTENSION OF fflGHWAY TRUST FUND. (a) HIGHWAY TRUST FUND.—Subsections (c), (e)(1), and (f) of section 209 of the Highway Revenue Act of 1966 (relating to the Highway Trust Fund; 23 U.S.C. 120 note) are amended— (i) by striking out "1979" each place it appears and inserting in lieu thereof "1984"; and (2) by striking out "1980" each place it appears and inserting in lieu thereof "1985". (b) CONFORMING AMENDMENTS TO LAND AND WATER CONSERVATION
FUND.—Subsection (b) of section 201 of the Land and Water Con16USe460/-ll. servation Fund Act of 1965 (16 U.S.C. 4601-11) is amended. (1) by striking out "1979" and inserting in lieu thereof "1984"; and (2) by striking out "1980" each place it appears and inserting in lieu thereof "1985". SEC. 504. BYRD AMENDMENT MADE APPLICABLE TO ALL APPORTIONMENTS. (a) GENERAL RULE.—Subsection (g) of section 209 of the H i g h w a y 23 USC 120 note. Revenue Act of 1956 is amended to read as follows: ' (g) ADJUSTMENTS OF APPORTIONMENTS.— " (1) ESTIMATES OF AMOUNT AVAILABLE FOR EXPENDITURE.—The
Consultation.
Secretary of the Treasury shall from time to time, after consultation with the Secretary of Transportation, estimate the amounts which will be available in the T r u s t F u n d (excluding repayable advances) to defray the expenditures which will be required to be made from the Trust F u n d. " (2) I N I T I A L PROCEDURE WHERE THERE IS SHORTFALL.—If the Sec-
retary of the Treasury determines that, after all other expenditures required to be made from the T r u s t F u n d have been defrayed, the amounts which will be available in the T r u s t F u n d (excluding repayable advances) will be insufficient to defray the expenditures which will be required as a result of the apportionment to the States of the amounts authorized to be appropriated from the T r u s t F u n d for any fiscal year— " (A) he shall so advise the Secretary of Transportation, Advisement, and " (B) he shall further advise the Secretary of Transportation as to the amount which, after all other expenditures required to be made from the Trust F u n d have been defrayed, will be available i n the T r u s t F u n d (excluding repayable advances) to defray the expenditures required as a result of the apportionment to the States for such fiscal year. " (3) DETERMINATION OF PERCENTAGE.—The Secretary of T r a n s -
portation shall determine the percentage which the amount
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