; or (2) any project or program funded under this title in any fiscal year for which an election under subsection (b) is not in effect. (e) Transfers (1) In general The amount to be transferred to a State under the program for a fiscal year shall be the portion of the taxes appropriated to the Highway Trust Fund (other than for the Mass Transit Account) for that fiscal year that is attributable to highway users in that State during that fiscal year, reduced by a pro rata share withheld by the Secretary to fund contract authority for programs of the National Highway Traffic Safety Administration and the Federal Motor Carrier Safety Administration. (2) Transfers under program (A) In general Transfers under the program— (i) shall be made at the same time as deposits to the Highway Trust Fund are made by the Secretary of the Treasury; and (ii) shall— (I) be made on the basis of estimates by the Secretary, in consultation with the Secretary of the Treasury, based on the most recent data available; and (II) include proper adjustments in amounts subsequently transferred to the extent prior estimates were in excess of, or less than, the amounts required to be transferred. (B) Limitation (i) In general An adjustment under subparagraph (A)(ii)(II) to any transfer may not exceed 5 percent of the transferred amount to which the adjustment relates. (ii) Adjustment greater than 5 percent If the adjustment required under subparagraph (A)(ii)(II) exceeds the percentage described in clause (i), the excess shall be taken into account in making subsequent adjustments under subparagraph (A)(ii)(II). (f) Application with other authority Any contract authority under this chapter (and any obligation limitation) authorized for a State for a fiscal year for which an election by that State is in effect under subsection (b)— (1) shall be rescinded or canceled