A bill to provide relief to public transportation agencies with projects in the Full Funding Grant Agreement stage of the Capital Investment Grants Program.
- Last Action
- 3/18/2021
Actions
- 2021-03-18Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2021-03-18Introduced in Senate
CRS Summary
As of 2021-03-18 (00)
This bill requires the Department of Transportation (DOT), at the request of a project sponsor, to provide an additional 30% of total projects costs for any project in the full funding grant agreement stage of the fixed guideway capital investment grant program.
DOT must allow a project sponsor to defer payment of the non-federal share for projects that receive additionally funding in accordance with the bill. Additionally, the federal share payable of the costs of a project that receives additional funding may not exceed 80%.
Cosponsors (6)
- Maria Cantwell (D-WA)
- Dianne Feinstein (D-CA)
- Alex Padilla (D-CA)
- Amy Klobuchar (D-MN)
- Tina Smith (D-MN)
- Richard Durbin (D-IL)
Subjects
- Public transit
- Transportation programs funding
Sourced from Congress.gov (public domain).
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