To provide an extension of administrative expenses for highway, highway safety, motor carrier safety, transit, and other programs funded out of the Highway Trust Fund pending enactment of a law reauthorizing the Transportation Equity Act for the 21st Century.

Summary: Surface Transportation Extension Act of 2005, Part III - Extends the authorization of appropriations from the Highway Trust Fund (HTF) for administrative expenses for federal highway, highway safety, motor carrier safety, and transit programs through July 21, 2005. Prohibits, after July 21, 2005, the obligation of funds for any federal-aid highway program project until enactment of a multi-year law reauthorizing the federal-aid highway program.

Amends the Internal Revenue Code to authorize until July 22, 2005, expenditures for obligations under the Transportation Equity Act for the 21st Century (TEA-21) from: (1) the HTF; (2) the Mass Transit Account; and (3) the Aquatic Resources Trust Fund.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Surface Transportation Extension Act 
of 2005, Part III''.

SEC. 2. ADMINISTRATIVE EXPENSES FOR FEDERAL-AID HIGHWAY PROGRAM.

    (a) Authorization of Contract Authority.--Section 4(a) of the 
Surface Transportation Extension Act of 2004, Part V (118 Stat. 1147, 
119 Stat. 325) is amended by striking ``highway program'' and all that 
follows through ``2005'' and inserting ``highway program $289,518,000 
for fiscal year 2005''.
    (b) Limitation on Obligations.--Notwithstanding any other provision 
of law, the obligations for administrative expenses for Federal-aid 
highway and highway safety construction programs provided by the 
amendment made by subsection (a) shall be $3,000,000 for the period 
beginning July 19, 2005, and ending July 21, 2005.
    (c) Conforming Amendment.--Section 2(e)(3) of such Act (118 Stat. 
1146, 119 stat. 325) is amended by striking ``July 19'' and inserting 
``July 21''.

SEC. 3. ADMINISTRATIVE EXPENSES FOR NATIONAL HIGHWAY TRAFFIC SAFETY 
              ADMINISTRATION.

    (a) In General.--There shall be available from the Highway Trust 
Fund (other than the Mass Transit Account) for the Secretary of 
Transportation to pay the administrative expenses of the National 
Highway Traffic Administration in carrying out the highway safety 
programs authorized by sections 157 and 163 of chapter 1 of title 23, 
United States Code, and sections 402, 403, 405, and 410 of chapter 4 of 
such title, the National Driver Register under chapter 303 of title 49, 
United States Code, the motor vehicle safety program under chapter 301 
of such title 49, and the motor vehicle information and cost savings 
program under part C of subtitle VI of such title 49 $550,000 for the 
period of July 20, 2005, through July 21, 2005.
    (b) Contract Authority.--Funds made available by this section shall 
be available for obligation in the same manner as if such funds were 
apportioned under chapter 1 of title 23, United States Code; except 
that such funds shall remain available until expended.

SEC. 4. ADMINISTRATIVE EXPENSES FOR MOTOR CARRIER SAFETY ADMINISTRATION 
              PROGRAM.

    Section 7(a)(1) of the Surface Transportation Extension Act of 
2004, Part V (118 Stat. 1153; 119 Stat. 330) is amended--
            (1) by striking ``$206,037,600'' and inserting 
        ``$206,737,600''; and
            (2) by striking ``July 19'' and inserting ``July 21''.

SEC. 5. ADMINISTRATIVE EXPENSES FOR FEDERAL TRANSIT PROGRAMS.

    (a) Authorization of Appropriations.--Section 5338(f)(2) of title 
49, United States Code, is amended--
            (1) in the heading by striking ``july 19'' and inserting 
        ``july 21'';
            (2) in subparagraph (A)(vii)--
                    (A) by striking ``$52,000,000'' and inserting 
                ``$52,440,000''; and
                    (B) by striking ``July 19'' and inserting ``July 
                21''; and
            (3) in subparagraph (B)(vii) by striking ``July 19'' and 
        inserting ``July 21''.
    (b) Obligation Ceiling.--Section 3040(7) of the Transportation 
Equity Act for the 21st Century (112 Stat. 394; 118 Stat. 885; 118 
Stat. 1158; 119 Stat. 333) is amended--
            (1) by striking ``$6,166,400,000'' and inserting 
        ``$6,166,844,000''; and
            (2) by striking ``July 19'' and inserting ``July 21''.

SEC. 6. EXTENSION OF AUTHORIZATION FOR USE OF TRUST FUNDS FOR 
              OBLIGATIONS UNDER TEA-21.

    (a) Highway Trust Fund.--
            (1) In general.--Paragraph (1) of section 9503(c) of the 
        Internal Revenue Code of 1986 is amended--
                    (A) in the matter before subparagraph (A), by 
                striking ``July 20, 2005'' and inserting ``July 22, 
                2005'',
                    (B) by striking ``or'' at the end of subparagraph 
                (L),
                    (C) by striking the period at the end of 
                subparagraph (M) and inserting ``, or'',
                    (D) by inserting after subparagraph (M) the 
                following new subparagraph:
                    ``(N) authorized to be paid out of the Highway 
                Trust Fund under the Surface Transportation Extension 
                Act of 2005, Part III.'', and
                    (E) in the matter after subparagraph (N), as added 
                by this paragraph, by striking ``Surface Transportation 
                Extension Act of 2005, Part II'' and inserting 
                ``Surface Transportation Extension Act of 2005, Part 
                III''.
            (2) Mass transit account.--Paragraph (3) of section 9503(e) 
        of such Code is amended--
                    (A) in the matter before subparagraph (A), by 
                striking ``July 20, 2005'' and inserting ``July 22, 
                2005'',
                    (B) in subparagraph (J), by striking ``or'' at the 
                end of such subparagraph,
                    (C) in subparagraph (K), by inserting ``or'' at the 
                end of such subparagraph,
                    (D) by inserting after subparagraph (K) the 
                following new subparagraph:
                    ``(L) the Surface Transportation Extension Act of 
                2005, Part III,'', and
                    (E) in the matter after subparagraph (L), as added 
                by this paragraph, by striking ``Surface Transportation 
                Extension Act of 2005, Part II'' and inserting 
                ``Surface Transportation Extension Act of 2005, Part 
                III''.
            (3) Exception to limitation on transfers.--Subparagraph (B) 
        of section 9503(b)(6) of such Code is amended by striking 
        ``July 20, 2005'' and inserting ``July 22, 2005''.
    (b) Aquatic Resources Trust Fund.--
            (1) Sport fish restoration account.--Paragraph (2) of 
        section 9504(b) of the Internal Revenue Code of 1986 is amended 
        by striking ``Surface Transportation Extension Act of 2005, 
        Part II'' each place it appears and inserting ``Surface 
        Transportation Extension Act of 2005, Part III''.
            (2) Boat safety account.--Subsection (c) of section 9504 of 
        such Code is amended--
                    (A) by striking ``July 20, 2005'' and inserting 
                ``July 22, 2005'', and
                    (B) by striking ``Surface Transportation Extension 
                Act of 2005, Part II'' and inserting ``Surface 
                Transportation Extension Act of 2005, Part III''.
            (3) Exception to limitation on transfers.--Paragraph (2) of 
        section 9504(d) of such Code is amended by striking ``July 20, 
        2005'' and inserting ``July 22, 2005''.
    (c) Effective Date.--The amendments made by this section shall take 
effect on the date of the enactment of this Act.
    (d) Temporary Rule Regarding Adjustments.--During the period 
beginning on the date of the enactment of the Surface Transportation 
Extension Act of 2003 and ending on July 21, 2005, for purposes of 
making any estimate under section 9503(d) of the Internal Revenue Code 
of 1986 of receipts of the Highway Trust Fund, the Secretary of the 
Treasury shall treat--
            (1) each expiring provision of paragraphs (1) through (4) 
        of section 9503(b) of such Code which is related to 
        appropriations or transfers to such Fund to have been extended 
        through the end of the 24-month period referred to in section 
        9503(d)(1)(B) of such Code, and
            (2) with respect to each tax imposed under the sections 
        referred to in section 9503(b)(1) of such Code, the rate of 
        such tax during the 24-month period referred to in section 
        9503(d)(1)(B) of such Code to be the same as the rate of such 
        tax as in effect on the date of the enactment of the Surface 
        Transportation Extension Act of 2003.