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SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

    (a) Short Title.--This Act may be cited as the ``National Parks 
Capital Improvements Act of 1999''.
    (b) Table of Contents.--The table of contents of this Act is as 
follows:

Sec. 1. Short title; table of contents.
Sec. 2. Definitions.
Sec. 3. Fundraising organization.
Sec. 4. Memorandum of agreement.
Sec. 5. National park surcharge or set-aside.
Sec. 6. Use of bond proceeds.
Sec. 7. Administration.

SEC. 2. DEFINITIONS.

    In this Act:
            (1) Fundraising organization.--The term ``fundraising 
        organization'' means an entity authorized to act as a 
        fundraising organization under section 3(a).
            (2) Memorandum of agreement.--The term ``memorandum of 
        agreement'' means a memorandum of agreement entered into by the 
        Secretary under section 3(a) that contains the terms specified 
        in section 4.
            (3) National park foundation.--The term ``National Park 
        Foundation'' means the foundation established under the Act 
        entitled ``An Act to establish the National Park Foundation'', 
        approved December 18, 1967 (16 U.S.C. 19e et seq.).
            (4) National park.--The term ``national park'' means--
                    (A) the Grand Canyon National Park; and
                    (B) any other national park designated by the 
                Secretary that has an approved general management plan 
                with capital needs in excess of $5,000,000.
            (5) Secretary.--The term ``Secretary'' means the Secretary 
        of the Interior.

SEC. 3. FUNDRAISING ORGANIZATION.

    (a) In General.--The Secretary may enter into a memorandum of 
agreement under section 4 with an entity to act as an authorized 
fundraising organization for the benefit of a national park.
    (b) Bonds.--The fundraising organization for a national park shall 
issue taxable bonds in return for the surcharge or set-aside for that 
national park collected under section 5.
    (c) Professional Standards.--The fundraising organization shall 
abide by all relevant professional standards regarding the issuance of 
securities and shall comply with all applicable Federal and State law.
    (d) Audit.--The fundraising organization shall be subject to an 
audit by the Secretary.
    (e) No Liability for Bonds.--
            (1) In general.--The United States shall not be liable for 
        the security of any bonds issued by the fundraising 
        organization.
            (2) Exception.--If the surcharge or set-aside described in 
        section 5(a) for a national park is not imposed for any reason, 
        or if the surcharge or set-aside is reduced or eliminated, the 
        full faith and credit of the United States is pledged to the 
        payment of--
                    (A) the bonds issued by a fundraising organization 
                under subsection (b) for that national park; and
                    (B) the interest accruing on the bonds.

SEC. 4. MEMORANDUM OF AGREEMENT.

    The fundraising organization shall enter into a memorandum of 
agreement that specifies--
            (1) the amount of the bond issue;
            (2) the maturity of the bonds, not to exceed 20 years;
            (3) the per capita amount required to amortize the bond 
        issue, provide for the reasonable costs of administration, and 
        maintain a sufficient reserve consistent with industry 
        standards;
            (4) the project or projects at the national park that will 
        be funded with the bond proceeds and the specific 
        responsibilities of the Secretary and the fundraising 
        organization with respect to each project; and
            (5) procedures for modifications of the agreement with the 
        consent of both parties based on changes in circumstances, 
        including modifications relating to project priorities.

SEC. 5. NATIONAL PARK SURCHARGE OR SET-ASIDE.

    (a) In General.--Notwithstanding any other provision of law, the 
Secretary may authorize the superintendent of a national park for which 
a memorandum of agreement is in effect--
            (1) to charge and collect a surcharge in an amount not to 
        exceed $2 for each individual otherwise subject to an entrance 
        fee for admission to the national park; or
            (2) to set aside not more than $2 for each individual 
        charged the entrance fee.
    (b) Surcharge in Addition to Entrance Fees.--A surcharge under 
subsection (a) shall be in addition to any entrance fee collected 
under--
            (1) section 4 of the Land and Water Conservation Fund Act 
        of 1965 (16 U.S.C. 460l-6a);
            (2) the recreational fee demonstration program authorized 
        by section 315 of the Department of the Interior and Related 
        Agencies Appropriations Act, 1996 (as contained in Public Law 
        104-134; 110 Stat. 1321-156; 1321-200; 16 U.S.C. 460l-6a note); 
        or
            (3) the national park passport program established under 
        title VI of the National Parks Omnibus Management Act of 1998 
        (Public Law 105-391; 112 Stat. 3518; 16 U.S.C. 5991 et seq.).
    (c) Limitation.--The total amount charged or set aside under 
subsection (a) may not exceed $2 for each individual charged an 
entrance fee.
    (d) Use.--A surcharge or set-aside under subsection (a) shall be 
used by the fundraising organization to--
            (1) amortize the bond issue;
            (2) provide for the reasonable costs of administration; and
            (3) maintain a sufficient reserve consistent with industry 
        standards, as determined by the bond underwriter.
    (e) Excess Funds.--Any funds collected in excess of the amount 
necessary to fund the uses in subsection (d) shall be remitted to the 
National Park Foundation to be used for the benefit of all units of the 
National Park System.

SEC. 6. USE OF BOND PROCEEDS.

    (a) Eligible Projects.--
            (1) In general.--Subject to paragraph (2), bond proceeds 
        under this Act may be used for a project for the design, 
        construction, operation, maintenance, repair, or replacement of 
        a facility in the national park for which the bond was issued.
            (2) Project limitations.--A project referred to in 
        paragraph (1) shall be consistent with--
                    (A) the laws governing the National Park System;
                    (B) any law governing the national park in which 
                the project is to be completed; and
                    (C) the general management plan for the national 
                park.
            (3) Prohibition on use for administration.--Other than 
        interest as provided in subsection (b), no part of the bond 
        proceeds may be used to defray administrative expenses.
    (b) Interest on Bond Proceeds.--
            (1) Authorized uses.--Any interest earned on bond proceeds 
        may be used by the fundraising organization to--
                    (A) meet reserve requirements; and
                    (B) defray reasonable administrative expenses 
                incurred in connection with the management and sale of 
                the bonds.
            (2) Excess interest.--All interest on bond proceeds not 
        used for purposes of paragraph (1) shall be remitted to the 
        National Park Foundation for the benefit of all units of the 
        National Park System.

SEC. 7. ADMINISTRATION.

    The Secretary, in consultation with the Secretary of Treasury, 
shall promulgate regulations to carry out this Act.
Exempts the United States from liability for such bonds unless the surcharge is not imposed for any reason or if it is reduced or eliminated in which case the full faith and credit of the United States is pledged to bond payment.
Authorizes the Secretary to: (1) permit the Superintendent of the park to charge and collect, in addition to the entrance fee, a surcharge of not to exceed $2; or (2) set aside not more than $2 for each entrance fee. Requires: (1) the surcharge or set-aside to be used by the organization to amortize the bond issue, to provide for the reasonable costs of administration, and to maintain a sufficient reserve consistent with industry standards; and (2) any excess funds to be remitted to the National Park Foundation (NPF) to be used for the benefit of all National Park System (NPS) units.
Allows bond proceeds to be used for a park facility project that is consistent with: (1) the laws governing the NPS and the park; and (2) the general management plan for the park.
Requires interest earned on bond proceeds to be: (1) used by the organization to meet reserve requirements and defray reasonable administrative expenses; and (2) remitted to the NPF for the benefit of all NPS units, to the extent funds are available in excess of the amount required for projects.

on the Budget.--The last 
sentence of section 301(a) of the Congressional Budget Act of 1974 is 
amended by inserting before the period the following: ``, but shall 
separately set forth an estimate of benefit payments under the old-age, 
survivors, and disability insurance programs under title II of the 
Social Security Act for the fiscal year and each of the two ensuing 
fiscal years''.
    (b) Protection of OASDI Trust Funds.--Section 13302 of the Budget 
Enforcement Act of 1990 is amended by inserting at the end the 
following:
    ``(d) Point of Order.--It shall not be in order in the House of 
Representatives to consider any bill or joint resolution, as reported, 
amendment, or conference report the enactment of which would provide an 
appropriation for a fiscal year for the expenses of administering the 
old-age, survivors, and disability insurance programs under title II of 
the Social Security Act in excess of 1.5 percent of the estimate of 
benefit payments under those programs for that fiscal year set forth in 
the most recently agreed to concurrent resolution on the budget.''.

SEC. 3. TECHNICAL CORRECTIONS RELATED TO OASDI IN THE OMNIBUS BUDGET 
              RECONCILIATION ACT OF 1990.

    (a) Amendments Related to Provisions in Section 5103(b) Relating to 
Disabled Widows.--Section 223(f)(2) of the Social Security Act (42 
U.S.C. 423(f)(2)) is amended--
            (1) in subparagraph (A), by striking ``(in a case to which 
        clause (ii)(II) does not apply)''; and
            (2) by striking subparagraph (B)(ii) and inserting the 
        following:
                            ``(ii) the individual is now able to engage 
                        in substantial gainful activity; or''.
    (b) Amendments Related to Provisions in Section 5105(d) Relating to 
Representative Payees.--Section 5105(d)(1)(A) of the Omnibus Budget 
Reconciliation Act of 1990 (Public Law 101-508) is amended--
            (1) by striking ``Section 205(j)(5)'' and inserting 
        ``Section 205(j)(6)''; and
            (2) by redesignating the paragraph (5) as amended thereby 
        as paragraph (6).
    (c) Amendments Related to Provisions in Section 5106 Relating to 
Coordination of Rules Under Titles II and XVI Governing Fees for 
Representatives of Claimants With Entitlements Under Both Titles.--
            (1) Calculation of fee of claimant's representative based 
        on amount of past-due supplemental security income benefits 
        after application of windfall offset provision.--Section 
        1631(d)(2)(A)(i) of the Social Security Act (as amended by 
        section 5106(a)(2) of the Omnibus Budget Reconciliation Act of 
        1990) (42 U.S.C. 1383(d)(2)(A)(i)) is amended to read as 
        follows:
            ``(i) by substituting, in subparagraphs (A)(ii)(I) and 
        (C)(i), the phrase `(as determined before any applicable 
        reduction under section 1631(g), and reduced by the amount of 
        any reduction in benefits under this title or title II made 
        pursuant to section 1127(a))' for the parenthetical phrase 
        contained therein; and''.
            (2) Calculation of past-due benefits for purposes of 
        determining attorney fees in judicial proceedings.--
                    (A) In general.--Section 206(b)(1) of such Act (42 
                U.S.C. 406(b)(1)) is amended--
                            (i) by inserting ``(A)'' after ``(b)(1)''; 
                        and
                            (ii) by adding at the end the following new 
                        subparagraph:
    ``(B) For purposes of this paragraph--
            ``(i) the term `past-due benefits' excludes any benefits 
        with respect to which payment has been continued pursuant to 
        subsection (g) or (h) of section 223, and
            ``(ii) amounts of past-due benefits shall be taken into 
        account to the extent provided under the rules applicable in 
        cases before the Secretary.''.
                    (B) Protection from offsetting ssi benefits.--The 
                last sentence of section 1127(a) of such Act (as added 
                by section 5106(b) of the Omnibus Budget Reconciliation 
                Act of 1990) (42 U.S.C. 1320a-6(a)) is amended by 
                striking ``section 206(a)(4)'' and inserting 
                ``subsection (a)(4) or (b) of section 206''.
            (3) Application of single dollar amount ceiling to 
        concurrent claims under titles ii and xvi.--
                    (A) In general.--Section 206(a)(2) of such Act (as 
                amended by section 5106(a)(1) of the Omnibus Budget 
                Reconciliation Act of 1990) (42 U.S.C. 406(a)(2)) is 
                amended--
                            (i) by redesignating subparagraph (C) as 
                        subparagraph (D); and
                            (ii) by inserting after subparagraph (B) 
                        the following new subparagraph:
    ``(C) In any case involving--
            ``(i) an agreement described in subparagraph (A) with any 
        person relating to both a claim of entitlement to past-due 
        benefits under this title and a claim of entitlement to past-
        due benefits under title XVI, and
            ``(ii) a favorable determination made by the Secretary with 
        respect to both such claims,
the Secretary may approve such agreement only if the total fee or fees 
specified in such agreement does not exceed, in the aggregate, the 
dollar amount in effect under subparagraph (A)(ii)(II).''.
                    (B) Conforming amendment.--Section 206(a)(3)(A) of 
                such Act (as amended by section 5106(a)(1) of the 
                Omnibus Budget Reconciliation Act of 1990) (42 U.S.C. 
                406(a)(3)(A)) is amended by striking ``paragraph 
                (2)(C)'' and inserting ``paragraph (2)(D)''.
    (d) Amendment Related to Provisions in Section 5115 Relating to 
Advance Tax Transfers.--Section 201(a) of the Social Security Act (42 
U.S.C. 401(a)) is amended in the last sentence by striking ``and'' the 
second place it appears.

SEC. 4. EFFECTIVE DATE.

    (a) Sections 1 and 2.--The amendments made by sections 1 and 2 
shall apply to fiscal year 1994 and subsequent fiscal years.
    (b) Section 3.--Each amendment made by section 3 shall take effect 
as if included in the provisions of the Omnibus Budget Reconciliation 
Act of 1990 to which such amendment relates.
Amends the Omnibus Budget Reconciliation Act of 1990 to exclude the administrative expenses of the old-age, survivors and disability insurance programs from Federal budget calculations.  Exempts such expenses from sequestration under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). 
Makes technical and related corrections to the Congressional Budget Act of 1974, Social Security Act and the Omnibus Budget Reconciliation Act of 1990.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Toll Credit Marketplace Act''.

SEC. 2. TOLL CREDIT MARKETPLACE PILOT PROGRAM.

    (a) Definitions.--In this section:
            (1) Pilot program.--The term ``pilot program'' means the 
        toll credit marketplace pilot program established under 
        subsection (b).
            (2) Secretary.--The term ``Secretary'' means the Secretary 
        of Transportation.
            (3) State.--The term ``State'' has the meaning given the 
        term in section 101 of title 23, United States Code.
            (4) Toll credit.--The term ``toll credit'' means the credit 
        that can be used toward the non-Federal share requirement under 
        section 120(i) of title 23, United States Code.
            (5) Toll credit marketplace.--The term ``toll credit 
        marketplace'' means a market in which toll credits can be 
        purchased and sold by States participating in the pilot 
        program.
    (b) Establishment.--Not later than 1 year after the date of 
enactment of this Act, the Secretary shall establish and implement a 
pilot program to develop a toll credit marketplace for States to buy 
and sell toll credits.
    (c) Purposes.--The purposes of the pilot program are--
            (1) to identify whether a monetary value can be assigned to 
        toll credits;
            (2) to identify the discounted rate of toll credits for 
        cash;
            (3) to determine if the purchase of toll credits by States 
        provides the purchasing State budget flexibility to deal with 
        funding issues, including off-system needs, transit systems 
        with high operating costs, or cash flow issues; and
            (4) to test the feasibility of expanding the toll credit 
        market to allow all States to participate on a permanent basis.
    (d) Administration.--In carrying out the pilot program, the 
Secretary--
            (1) shall establish procedures for a toll credit 
        marketplace;
            (2) shall establish an online platform that allows 
        participating States to offer and bid on toll credit purchases;
            (3) not later than 90 days after the date of enactment of 
        this Act, shall provide notice to States that the Federal 
        Highway Administration is requesting participants for the pilot 
        program;
            (4) shall allow to participate in the pilot program--
                    (A) a State that maintains a toll credit balance 
                accumulated before the date of enactment of this Act;
                    (B) a State that does not maintain infrastructure 
                for the collection of toll credits; and
                    (C) a State that has not accumulated a toll credit 
                balance; and
            (5) shall not allow a State to purchase or sell toll 
        credits in an amount that is less than 10 percent of the value 
        of the toll credit value if applied as a non-Federal share 
        requirement under section 120(i)(1) of title 23, United States 
        Code.
    (e) Reporting Requirements.--
            (1) Initial report.--Not later than 180 days after notice 
        of the pilot program is provided to the States under subsection 
        (d)(3), the Secretary shall submit to the Committee on 
        Transportation and Infrastructure of the House of 
        Representatives and the Committee on Environment and Public 
        Works of the Senate a report on the progress of the toll credit 
        marketplace.
            (2) State report.--Not later than 30 days after a purchase 
        or sale in the toll credit marketplace under the pilot 
        program--
                    (A) a State selling toll credits shall provide to 
                the Secretary information on the transaction, 
                including--
                            (i) the amount of cash received;
                            (ii) the value of toll credits sold;
                            (iii) the intended use of the cash; and
                            (iv) the remaining toll credit balance of 
                        the State; and
                    (B) a State purchasing toll credits shall provide 
                to the Secretary information on--
                            (i) the value of toll credits purchased;
                            (ii) the anticipated use of the toll 
                        credits; and
                            (iii) plans for maintenance of effort for 
                        spending on Federal-aid highway projects.
            (3) Annual report.--Not later than 1 year after notice of 
        the pilot program is provided to the States under subsection 
        (d)(3) and each year thereafter that the pilot program is in 
        effect, the Secretary shall--
                    (A) submit to the Committee on Transportation and 
                Infrastructure of the House of Representatives and the 
                Committee on Environment and Public Works of the Senate 
                a report that--
                            (i) evaluates whether a toll credit 
                        marketplace is viable;
                            (ii) describes the buying and selling 
                        activities of the toll credit marketplace;
                            (iii) determines the monetary value of toll 
                        credits;
                            (iv) evaluates whether the pilot program 
                        could be expanded to more States or all States; 
                        and
                            (v) provides updated information on the 
                        toll credit balance accumulated by each State; 
                        and
                    (B) make the report under subparagraph (A) publicly 
                available on the website of the Secretary.
    (f) Maintenance of Effort.--Except as provided in subsection 
(i)(2), a State participating in the toll credit marketplace shall be 
subject to section 120(i)(2) of title 23, United States Code.
    (g) Use of Funds Received for the Sale.--
            (1) In general.--A State that receives funds from the sale 
        of a toll credit may use the funds only for a project eligible 
        for assistance under chapter 1 of title 23, United States Code, 
        or chapter 53 of title 49, United States Code.
            (2) Certification.--Before expending any funds received in 
        exchange for a toll credit, the State shall--
                    (A) provide to the Secretary a certification that 
                the funds will be used as described in paragraph (1); 
                and
                    (B) receive approval from the Secretary under 
                paragraph (3).
            (3) Approval.--Not later than 30 days after the receipt of 
        a certification under paragraph (2), the Secretary shall send a 
        notice of decision to the State that--
                    (A) approves the certification; or
                    (B)(i) disapproves the certification; and
                    (ii) includes an explanation of the grounds for 
                disapproval and recommendations for addressing the 
                deficiencies.
            (4) Appeal.--If the Secretary disapproves the certification 
        under paragraph (3)(B)--
                    (A) not later than 30 days after a State receives a 
                notice of decision disapproving the certification, the 
                State may ask the Secretary to reconsider the decision; 
                and
                    (B) not later than 60 days after the Secretary 
                receives a request to reconsider under subparagraph 
                (A), the Secretary shall review the request and make a 
                determination.
    (h) Metropolitan Planning Organization and Local Government Toll 
Credit Allocation.--
            (1) Purchase of toll credits.--On request of a metropolitan 
        planning organization or local government in the State, and 
        with a timely payment of the amount of the toll credits, a 
        State may purchase toll credits under this section on behalf of 
        the metropolitan planning organization or local government.
            (2) Allocation of toll credits.--On approval of the 
        relevant metropolitan planning organization or local 
        government, a State may allocate toll credits purchased by the 
        State for use by the metropolitan planning organization or 
        local government.
    (i) Limitation on Use of Federal Funds for the Purchase of Toll 
Credits.--
            (1) Limitation on federal funds.--A State, metropolitan 
        planning organization, or local government may not use Federal 
        funds to purchase toll credits on the toll credit marketplace.
            (2) Use of toll credits.--A State may use toll credits 
        purchased under this section to meet not more than 10 percent 
        of the non-Federal share requirement for any funds made 
        available to carry out chapter 1 of title 23, United States 
        Code, or chapter 53 of title 49, United States Code, for each 
        fiscal year.
    (j) GAO Report.--After the end of the first year during which the 
toll credit marketplace is in operation, the Comptroller General of the 
United States shall--
            (1) conduct a study on the performance of the toll credit 
        marketplace; and
            (2) submit to Congress a report that includes--
                    (A) a determination as to whether the pilot program 
                is successful; and
                    (B) any recommendations on how to improve the pilot 
                program.
    (k) Sunset.--The pilot program shall terminate on September 30, 
2020.

Toll Credit Marketplace Act This bill directs the Department of Transportation to establish and implement a pilot program to develop a toll credit marketplace for states to buy and sell toll credits. States may use funds from the sale of toll credits to offset the nonfederal share of the cost of any transportation project.     The Government Accountability Office shall study and report on the performance of the toll credit marketplace.