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Occurrences in the Congressional Record

Entry Title Date
Passenger Rail Reform And Investment Act Of 2015 March 4, 2015
Albio Sires, D-NJ
"(a) Northeast Corridor Improvement Fund.—There are authorized to be appropriated to the Secretary for the use of Amtrak for deposit into the Northeast Corridor Improvement Fund account established under section 24319(a)(1) of title 49, United States Code (as added by section 201 of this Act), the following amounts: (1) For fiscal year 2016, $439,000,000. (2) For fiscal year 2017, $464,000,000. (3) For fiscal year 2018, $480,000,000. (4) For fiscal year 2019, $498,000,000. (b) National Network.—There are authorized to be appropriated to the Secretary for the use of Amtrak for deposit into the National Network account established under section 24319(a)(2) of title 49, United States Code (as added by section 201 of this Act), the following amounts: (1) For fiscal year 2016, $973,000,000. (2) For fiscal year 2017, $974,000,000. (3) For fiscal year 2018, $985,000,000. (4) For fiscal year 2019, $997,000,000. (c) Project Management Oversight.—The Secretary may withhold up to $2,000,000 of the amount appropriated pursuant to subsection (a), and up to $2,000,000 of the amount appropriated pursuant to subsection (b), for the costs of management oversight of Amtrak."
Introduction Of The National Freight Network Trust Fund Act Of 2015 February 12, 2015
Janice Hahn, D-CA
"This legislation would create a National Freight Network Trust Fund and deposit 5% of all import duties collected by Customs and Border Protection (CBP) at Ports of Entry into the Fund to be spent only on freight transportation. Neither businesses nor taxpayers would incur any new cost because it uses a small percentage of funds our CBP officials already are collecting at the border as freight enters our nation."
Keystone Xl Pipeline Act—Continued January 27, 2015
Thom Tillis, R-NC
"(a) In General.—Notwithstanding section 9 of the Outer Continental Shelf Lands Act (43 U.S.C. 1338) and subject to this section, for each applicable fiscal year, the Secretary of the Treasury shall deposit— (1) 50 percent of qualified outer Continental Shelf revenues generated from leasing activities in the Mid- Atlantic Planning Area in the general fund of the Treasury; and (2) 50 percent of qualified outer Continental Shelf revenues generated from leasing activities in the Mid- Atlantic Planning Area in a special account in the Treasury from which the Secretary shall disburse— (A) 75 percent to Mid-Atlantic Producing States in accordance with subsection (b); and (B) 25 percent to provide financial assistance to States in accordance with section 200305 of title 54, United States Code, which shall be considered income to the Land and Water Conservation Fund for purposes of section 200302 of that title. (b) Allocation Among Mid-Atlantic Producing States.— (1) In general.—Subject to paragraph (2), the amount made available under subsection (a)(2)(A) from any lease entered into within the Mid-Atlantic Planning Area shall be allocated to each Mid-Atlantic producing State in amounts (based on a formula established by the Secretary by regulation) that are inversely proportional to the respective distances between the point on the coastline of each Mid-Atlantic Producing State that is closest to the geographic center of the applicable leased tract and the geographic center of the leased tract. (2) Minimum allocation.—The amount allocated to a Mid- Atlantic Producing State each fiscal year under paragraph (1) shall be at least 10 percent of the amounts available under subsection (a)(2)(A). (c) Timing.—The amounts required to be deposited under subsection (a)(2) for the applicable fiscal year shall be made available in accordance with that paragraph during the fiscal year immediately following the applicable fiscal year. (d) Administration.—Amounts made available under subsection (a)(2) shall— (1) be made available, without further appropriation, in accordance with this section; (2) remain available until expended; and (3) be in addition to any amounts appropriated under— (A) the Outer Continental Shelf Lands Act (43 U.S.C. 1331 et seq.); (B) chapter 2003 of title 54, United States Code; or (C) any other provision of law. (e) Distributed Qualified Outer Continental Shelf Revenues Shall Be Net of Receipts.—For each of fiscal years 2017 through 2055, expenditures under subsection (a)(2) and shall be net of receipts from that fiscal year from qualified outer Continental shelf revenues from any area in the Mid-Atlantic Planning Area."
Opposing Rapprochement With Cuba January 12, 2015
Steve King, R-IA
"Before I came to this Congress, while I was there, there was also a situation where the exchange rate for Cuban peso to dollar was 21 to 1 at that time. And so if anyone achieved an American dollar, they could take it into a dollar store and they would get one peso’s worth of goods for it or they could deposit it into a Cuban bank and they would get one peso for that. That is a 20-peso difference. And that is one of the things that supported the Castro regime financially."
Promoting Job Creation And Reducing Small Business Burdens Act January 7, 2015
Keith Ellison, D-MN
"First, the Volcker rule. This bill undercuts an important part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Volcker rule was intended to prevent deposit-taking banks—banks that use money insured by the Federal Government, the people’s money—from making bets and using taxpayer-insured funds. The Federal Reserve went out of its way to try to ease the transition to a safer system, but this bill would give megabanks an additional 2 years, totaling 5 years, to sell off certain securities in which they retain ownership rights—5 more years of risk, 5 more years of massive profit-taking. This provision, which almost certainly juices the profits of big, megabanks like Citigroup and JPMorgan, has never been vetted. The public has not even had a day to review the text. It is wrong that bills that help Wall Street and multinational corporations get fast-tracked on day 2 of this Congress while bills that help working families get slowed up for years, literally."

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