IIB 

118TH CONGRESS 

2D SESSION H. R. 7341 

IN THE SENATE OF THE UNITED STATES 

DECEMBER 4, 2024 

Received; read twice and referred to the Committee on the Judiciary 

AN ACT 

To make technical amendments to title 49, United States 

Code, as necessary to improve the Code. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 


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1 SECTION 1. TABLE OF CONTENTS. 

2 The table of contents for this Act is as follows: 

Sec. 1. Table of contents. 

Sec. 2. Purpose. 

Sec. 3. Technical amendments to chapter 224 of title 49, United States Code. 

Sec. 4. Other technical amendments. 

3 SEC. 2. PURPOSE. 

4 The purpose of this Act is to make technical amend5 ments to title 49, United States Code, as necessary to im6 prove the Code. 

7 SEC. 3. TECHNICAL AMENDMENTS TO CHAPTER 224 OF 

8 TITLE 49, UNITED STATES CODE. 

9 (a) DEFINITIONS.—Section 22401 of title 49, United 

10 States Code, is amended— 

11 (1) in paragraph (1)— 

12 (A) in subparagraph (A), by striking ‘‘(A) 

13 The term’’ and inserting the following: 

14 ‘‘(A) IN GENERAL.—The term’’; 

15 (B) in subparagraph (B)— 

16 (i) by redesginating clauses (i), (ii), 

17 and (iii) as subclauses (I), (II), and (III); 

18 (ii) by striking ‘‘(B) The cost’’ and in19 serting the following: 

20 ‘‘(B) DIRECT LOAN.— 

21 ‘‘(i) IN GENERAL.—The cost’’; and 

22 (iii) by striking ‘‘Calculation of the 

23 cost of a direct loan’’ and inserting: 


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1 ‘‘(ii) INCLUSION.—Calculation of the 

2 cost of a direct loan’’; 

3 (C) in subparagraph (C)— 

4 (i) by redesignating clauses (i) and 

5 (ii) as subclauses (I) and (II); 

6 (ii) by striking ‘‘(C) The cost’’ and in7 serting the following: 

8 ‘‘(C) LOAN GUARANTEE.— 

9 ‘‘(i) IN GENERAL.—The cost’’; and 

10 (iii) by striking ‘‘Calculation of the 

11 cost of a loan guarantee’’ and inserting the 

12 following: 

13 ‘‘(ii) INCLUSION.—Calculation of the 

14 cost of a loan guarantee’’; 

15 (D) in subparagraph (D), by striking ‘‘(D) 

16 The cost’’ and inserting the following: 

17 ‘‘(D) MODIFICATION.—The cost’’; 

18 (E) in subparagraph (E), by striking ‘‘(E) 

19 In estimating’’ and inserting the following: 

20 ‘‘(E) NET PRESENT VALUES.—In esti21 mating’’; and 

22 (F) in subparagraph (F), by striking ‘‘(F) 

23 When funds’’ and inserting the following: 

24 ‘‘(F) BASIS OF ESTIMATED COST.—When 

25 funds’’; 


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1 (2) in paragraph (2), by inserting ‘‘(2 U.S.C. 

2 900(c)(9))’’ after ‘‘Balanced Budget and Emergency 

3 Deficit Control Act of 1985’’; and 

4 (3) in paragraph (12)— 

5 (A) in subparagraph (A), by inserting ‘‘of 

6 this title’’ after ‘‘section 20102’’; and 

7 (B) in subparagraph (B), by inserting ‘‘of 

8 this title’’ after ‘‘section 24102’’. 

9 (b) DIRECT LOANS AND LOAN GUARANTEES.—Sec10 tion 22402 of title 49, United States Code, is amended— 

11 (1) in subsection (a)(3), by striking ‘‘govern12 ment sponsored’’ and inserting ‘‘government-spon13 sored’’; 

14 (2) in subsection (c)(1), by inserting ‘‘of this 

15 title’’ after ‘‘section 20157(i)’’; 

16 (3) in subsection (f)— 

17 (A) in paragraph (1), by inserting ‘‘(2 

18 U.S.C. 661c(b)(1))’’ after ‘‘section 504(b)(1) of 

19 the Federal Credit Reform Act of 1990’’; 

20 (B) in paragraph (5)— 

21 (i) in the matter before subparagraph 

22 (A)— 

23 (I) by inserting ‘‘of this title’’ 

24 after ‘‘section 22406(a)(2)’’; 


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1 (II) by striking ‘‘(Public Law 

2 114–94)’’ and inserting ‘‘(Public Law 

3 114–94, 129 Stat. 1312)’’; and 

4 (III) by striking ‘‘(Public Law 

5 94–210)’’ and inserting ‘‘(Public Law 

6 94–210, 90 Stat. 31)’’; and 

7 (ii) in subparagraph (A), by inserting 

8 ‘‘(Public Law 117–58, div. B, 135 Stat. 

9 652)’’ after ‘‘Surface Transportation In10 vestment Act of 2021’’; and 

11 (C) in paragraph (7), by inserting ‘‘(Public 

12 Law 117–58, div. B, 135 Stat. 652)’’ after 

13 ‘‘Surface Transportation Investment Act of 

14 2021’’; 

15 (4) in subsection (g)(1)(C)(ii)(II), by striking 

16 the period at the end and inserting a semicolon; 

17 (5) in subsection (h)(3)— 

18 (A) in subparagraph (A)— 

19 (i) by inserting ‘‘of this title’’ after 

20 ‘‘section 24312’’; and 

21 (ii) by inserting ‘‘of this title’’ after 

22 ‘‘section 24308(a)’’; and 

23 (B) in subparagraph (B), by inserting ‘‘of 

24 this title’’ after ‘‘section 22404’’; and 

25 (6) in subsection (i)— 


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1 (A) in paragraph (3)(B), by striking the 

2 heading ‘‘ACTIONS BY THE OFFICE OF MAN3 AGEMENT AND BUDGET’’ and inserting the 

4 heading ‘‘ACTIONS BY THE OFFICE OF MANAGE5 MENT AND BUDGET’’; 

6 (B) in paragraph (4)(A)— 

7 (i) by inserting ‘‘(Public Law 117–58, 

8 div. B, 135 Stat. 652)’’ after ‘‘Surface 

9 Transportation Investment Act of 2021’’; 

10 and 

11 (ii) by striking ‘‘an streamlined’’ and 

12 inserting ‘‘a streamlined’’; and 

13 (C) in paragraph (6)(A)— 

14 (i) in clause (iv), by striking ‘‘refi15 nancing an’’ and inserting ‘‘refinancing of 

16 an’’; and 

17 (ii) in clause (ix), by inserting ‘‘of this 

18 title’’ after ‘‘section 5323(j)’’. 

19 (c) ADMINISTRATION OF DIRECT LOANS AND LOAN

20 GUARANTEES.—Section 22403 of title 49, United States 

21 Code, is amended— 

22 (1) in subsection (a)(1), by inserting ‘‘of this 

23 title’’ after ‘‘section 22402’’; 

24 (2) in subsection (b), by inserting ‘‘of this title’’ 

25 after ‘‘section 22402’’; 


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1 (3) in subsection (c), by inserting ‘‘of this title’’ 

2 after ‘‘section 22402’’; 

3 (4) in subsection (d)(3), by inserting ‘‘of this 

4 title’’ after ‘‘section 22402(f)’’; 

5 (5) in subsection (g), in the matter before para6 graph (1), by inserting ‘‘of this title’’ after ‘‘section 

7 22402’’; 

8 (6) in subsection (h)(1), by inserting ‘‘of this 

9 title’’ after ‘‘section 22402’’; 

10 (7) in subsection (i)— 

11 (A) in the matter before paragraph (1), by 

12 inserting ‘‘of this title’’ after ‘‘section 22402’’ 

13 each place it appears; and 

14 (B) in paragraph (1), by striking ‘‘of this 

15 section’’; and 

16 (8) in subsection (m), by inserting ‘‘of this 

17 title’’ after ‘‘section 22402’’. 

18 (d) SUBSTANTIVE CRITERIA AND STANDARDS.—Sec19 tion 22405(1) of title 49, United States Code, is amended 

20 by inserting ‘‘of this title’’ after ‘‘section 22402’’. 

21 (e) AUTHORIZATION OF APPROPRIATIONS.—Section 

22 22406 of title 49, United States Code, is amended— 

23 (1) in the section heading, by striking the pe24 riod at the end; 


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1 (2) in subsection (a)(2), by inserting ‘‘of this 

2 title’’ after ‘‘section 22402(f)(5)’’; and 

3 (3) in subsection (b)(2), by inserting ‘‘of this 

4 title’’ after ‘‘section 22403(l)(1)’’. 

5 SEC. 4. OTHER TECHNICAL AMENDMENTS. 

6 (a) NATIONAL SURFACE TRANSPORTATION AND IN7 NOVATIVE FINANCE BUREAU.—Section 116(d)(1)(B) of 

8 title 49, United States Code, is amended by inserting ‘‘of 

9 this title’’ after ‘‘sections 22401 through 22403’’. 

10 (b) SURFACE TRANSPORTATION INVESTMENT ACT

11 OF 2021.—Section 21303(1) of the Surface Transpor12 tation Investment Act of 2021 (49 U.S.C. 22402 note) 

13 is amended by striking ‘‘section 22402(b)(1)(E) of title 

14 49’’ and inserting ‘‘section 22402(b)(1)(F) of title 49’’. 

15 (c) GRANT CONDITIONS.—Section 22905(c)(2)(B) of 

16 title 49, United States Code, is amended by inserting ‘‘of 

17 this title’’ after ‘‘section 22404’’. 

Passed the House of Representatives December 3, 

2024. 

Attest: KEVIN F. MCCUMBER, 

Clerk. 


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