Subjects contract authority, however, between October 1, 2011, and January 31, 2012, to a specified pro rata limitation on obligations included in any Act making appropriations for FY2012 or a portion of that fiscal year. Waives this obligation limitation, though, for emergency relief and for the equity bonus program.
(Sec. 102) Authorizes the appropriation of a pro rata amount of $422.425 million from the Highway Trust Fund (other than the Mass Transit Account) for administrative expenses of the federal-aid highway program for the period from October 1, 2011, through the Part-Year Funding Date.
Title II: Additional Programs - (Sec. 201) Amends the Dingell-Johnson Sport Fish Restoration Act to continue for the same period of time the authorized distribution of funds under such Act for coastal wetlands, recreational boating safety, projects under the Clean Vessel Act of 19921, boating infrastructure projects, and the National Outreach and Communications Program.
Title III: Rescission - (Sec. 301) Rescinds permanently on September 1, 2012, $3.13 billion of the unobligated balances of funds apportioned before that date to each state under the federal-aid highway program. Exempts from such rescission certain funds distributed for: (1) the elimination of hazards of railway-highway crossings, (2) the highway safety improvement program, (3) safety incentives to prevent drunk driving, and (4) a specified division of apportionment of funds between urbanized areas of over 200,000 population and other areas.
Requires the Secretary of Transportation (DOT) to allow each state to determine the amount of the required rescission to be drawn from the programs to which the rescission applies.