SECTION 1. TABLE OF CONTENTS. 
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. 
SEC. 2. PURPOSE. 
The purpose of this Act is to make technical amend-
ments to title 49, United States Code, as necessary to im-
prove the Code. 
SEC. 3. TECHNICAL AMENDMENTS TO CHAPTER 224 OF 
TITLE 49, UNITED STATES CODE. 
(a) DEFINITIONS.—Section 22401 of title 49, United 
States Code, is amended— 
(1) in paragraph (1)— 
(A) in subparagraph (A), by striking ‘‘(A) 
The term’’ and inserting the following: 
‘‘(A) IN GENERAL.—The term’’; 
(B) in subparagraph (B)— 
(i) by redesginating clauses (i), (ii), 
and (iii) as subclauses (I), (II), and (III); 
(ii) by striking ‘‘(B) The cost’’ and in-
serting the following: 
‘‘(B) DIRECT LOAN.— 
‘‘(i) IN GENERAL.—The cost’’; and 
(iii) by striking ‘‘Calculation of the 
cost of a direct loan’’ and inserting:
‘‘(ii) INCLUSION.—Calculation of the 
cost of a direct loan’’; 
(C) in subparagraph (C)— 
(i) by redesignating clauses (i) and 
(ii) as subclauses (I) and (II); 
(ii) by striking ‘‘(C) The cost’’ and in-
serting the following: 
‘‘(C) LOAN GUARANTEE.— 
‘‘(i) IN GENERAL.—The cost’’; and 
(iii) by striking ‘‘Calculation of the 
cost of a loan guarantee’’ and inserting the 
following: 
‘‘(ii) INCLUSION.—Calculation of the 
cost of a loan guarantee’’; 
(D) in subparagraph (D), by striking ‘‘(D) 
The cost’’ and inserting the following: 
‘‘(D) MODIFICATION.—The cost’’; 
(E) in subparagraph (E), by striking ‘‘(E) 
In estimating’’ and inserting the following: 
‘‘(E) NET
PRESENT
VALUES.—In esti-
mating’’; and 
(F) in subparagraph (F), by striking ‘‘(F) 
When funds’’ and inserting the following: 
‘‘(F) BASIS OF ESTIMATED COST.—When 
funds’’;
(2) in paragraph (2), by inserting ‘‘(2 U.S.C. 
900(c)(9))’’ after ‘‘Balanced Budget and Emergency 
Deficit Control Act of 1985’’; and 
(3) in paragraph (12)— 
(A) in subparagraph (A), by inserting ‘‘of 
this title’’ after ‘‘section 20102’’; and 
(B) in subparagraph (B), by inserting ‘‘of 
this title’’ after ‘‘section 24102’’. 
(b) DIRECT LOANS AND LOAN GUARANTEES.—Sec-
tion 22402 of title 49, United States Code, is amended— 
(1) in subsection (a)(3), by striking ‘‘govern-
ment sponsored’’ and inserting ‘‘government-spon-
sored’’; 
(2) in subsection (c)(1), by inserting ‘‘of this 
title’’ after ‘‘section 20157(i)’’; 
(3) in subsection (f)— 
(A) in paragraph (1), by inserting ‘‘(2 
U.S.C. 661c(b)(1))’’ after ‘‘section 504(b)(1) of 
the Federal Credit Reform Act of 1990’’; 
(B) in paragraph (5)— 
(i) in the matter before subparagraph 
(A)— 
(I) by inserting ‘‘of this title’’ 
after ‘‘section 22406(a)(2)’’;
(II) by striking ‘‘(Public Law 
114–94)’’ and inserting ‘‘(Public Law 
114–94, 129 Stat. 1312)’’; and 
(III) by striking ‘‘(Public Law 
94–210)’’ and inserting ‘‘(Public Law 
94–210, 90 Stat. 31)’’; and 
(ii) in subparagraph (A), by inserting 
‘‘(Public Law 117–58, div. B, 135 Stat. 
652)’’ after ‘‘Surface Transportation In-
vestment Act of 2021’’; and 
(C) in paragraph (7), by inserting ‘‘(Public 
Law 117–58, div. B, 135 Stat. 652)’’ after 
‘‘Surface Transportation Investment Act of 
2021’’; 
(4) in subsection (g)(1)(C)(ii)(II), by striking 
the period at the end and inserting a semicolon; 
(5) in subsection (h)(3)— 
(A) in subparagraph (A)— 
(i) by inserting ‘‘of this title’’ after 
‘‘section 24312’’; and 
(ii) by inserting ‘‘of this title’’ after 
‘‘section 24308(a)’’; and 
(B) in subparagraph (B), by inserting ‘‘of 
this title’’ after ‘‘section 22404’’; and 
(6) in subsection (i)—