I appreciate the issue the gentlewoman has raised. It is identical to the issue the gentleman from Oregon addressed in the well just moments ago. Although the bill allows States to transfer funds among programs during this 5-month period where they deem necessary, the restoration of any funds borrowed will begin upon enactment of any subsequent law reauthorizing the program, whether a short-term additional extension or a multiyear reauthorization. The restoration of funds is specifically required by section 3(c) of the pending bill. I further want to make clear that I will not support efforts to change the effect of section 3(c) of the bill to allow the transfer authority to be extended beyond February 29, 2004. I thank the gentlewoman for her vigilance and the gentleman from Oregon similarly.
James Oberstar: “I appreciate the issue the gentlewoman has raised. It is identical to the issue the gentleman from Oregon addressed in…”
Editor's note · Context
Discussing provisions of a bill regarding fund transfers and restoration during a House floor debate.
Share
More from James Oberstar
I, too, have natural resources--national forests, national parks, wildlife refuges. When fire, as it does regularly, strikes the national forest, that land regenerates. The oil destroys. It likely cannot be restored by itself or by human…
It is better for us to pass this bill now to address the substantive issue, release of funds from the Oil Spill Liability Trust Fund, and not delay progress in cleanup.
The City of Marquette kept its part of the agreement, conveyed property to the Coast Guard for $1, and now is going to be stuck with the bill. The problem is that the way the transfer worked out, the statutory PAYGO rules preclude…
Again, in addition to Mr. Cullather, there are staff on the Republican side of the committee and other members on the majority side who have all worked together diligently. These have been stressful times these last several weeks as we…





