A bill to provide relief to public transportation agencies with projects in the Full Funding Grant Agreement stage of the Capital Investment Grants Program.

Bill: 117-s-837
Sponsor: full_name: Sen. Murray, Patty [D-WA]
Introduced: 2021-03-18
Policy area: Transportation and Public Works
Subjects: Public transit

Transportation programs funding
Latest action: action_date: 2021-03-18
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summaries:
action_date: 2021-03-18
action_desc: Introduced in Senate
text: <p>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.</p> <p>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%.</p>

tv_txt: II 117th CONGRESS 1st Session S. 837 IN THE SENATE OF THE UNITED STATES March 18, 2021 Mrs. Murray (for herself, Ms. Cantwell , Mrs. Feinstein , Mr. Padilla , Ms. Klobuchar , Ms. Smith , and Mr. Durbin ) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To provide relief to public transportation agencies with projects in the Full Funding Grant Agreement stage of the Capital Investment Grants Program.

1. Relief for public transportation agencies (a) Definitions In this section— (1) the term Secretary means the Secretary of Transportation; and (2) the term total project cost , with respect to a project that receives a grant under section 5309 of title 49, United States Code, means the most recent total project cost stipulated in the full funding grant agreement. (b) CIG COVID–19 emergency relief program Notwithstanding subsection (k)(2)(C)(ii) or (l)(1)(B)(ii) of section 5309 of title 49, United States Code, at the request of a project sponsor, the Secretary shall provide an additional 30 percent of total project costs for any project under subsection (d) or (e) of section 5309 of title 49, United States Code, that has a full funding grant agreement entered into under such subsection (d) or (e) on or after January 1, 2017. (c) Deferred non-Federal share The Secretary shall allow a project sponsor to defer payment of the non-Federal share for any project described in subsection (b). (d) Federal share The Federal share of the costs of a project that receives additional funding under this section may not exceed 80 percent. (e) Authorization of appropriations from general fund There is authorized to be appropriated from the general fund of the Treasury such sums as may be necessary to carry out this section.