Mark Warner said "Only insofar as the fiscal year 1997 allocations are a reflection of the formulas that were operating in the final year of ISTEA. However, this bill is formula neutral. We are simply allowing States to use a portion of their unobligated balances with a nominal amount of new contract authority. This will not and should not change any States' relative bargaining position when we finally act on a longer-term authorization bill which provides new obligation authority to the States for fiscal year 1998 and beyond." @ PoliticalQuotes.com

On the recordNovember 10, 1997

Only insofar as the fiscal year 1997 allocations are a reflection of the formulas that were operating in the final year of ISTEA. However, this bill is formula neutral. We are simply allowing States to use a portion of their unobligated balances with a nominal amount of new contract authority. This will not and should not change any States' relative bargaining position when we finally act on a longer-term authorization bill which provides new obligation authority to the States for fiscal year 1998 and beyond.

Said by

Mark Warner

Democratic · Virginia

Source

govinfo.gov

Editor's note · Context

Discussing the implications of fiscal year 1997 allocations and contract authority for states.

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