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In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

SECTION 1. SHORT TITLE.

This Act may be cited as the ''Public Transportation Preservation
Act of 2010''.

SEC. 2. FINDINGS.

Congress finds the following:
(1) The American Public Transportation Association
estimates that since January 1, 2009, 84 percent of transit
systems have raised fares, cut service or are considering one
of those actions.
(2) Many low-income workers, older Americans, and people
with disabilities depend on transit service to get to jobs and
health care. Reduced service and higher fares can have a
devastating effect on their quality of life.
(3) Millions of Americans use transit every day. Reduced
transit service makes it harder for workers to access jobs and
puts more cars on the road, worsening already bad traffic
congestion in many metropolitan areas.

SEC. 3. EMERGENCY OPERATING FUNDS FOR PUBLIC TRANSPORTATION.

(a) General Authority.--The Secretary of Transportation may make
grants to States and designated recipients that receive funding under
chapter 53, United States Code, for the operating costs of equipment
and facilities for use in public transportation.
(b) Apportionment of Funds.--Of the funds made available under this
section--
(1) 80 percent shall be apportioned in accordance with
section 5336 of title 49, United States Code;
(2) 10 percent shall be apportioned in accordance with
section 5340 of title 49, United States Code; and
(3) 10 percent shall be apportioned to other than urbanized
areas in accordance with section 5311 of title 49, United
States Code.
(c) Use of Funds.--
(1) In general.--Except as provided in paragraph (2), the
amounts apportioned to a State or urbanized area pursuant to
subsection (b) shall be used--
(A) for operating expenses necessary to--
(i) restore a reduction in public
transportation service and related workforce
reductions; or
(ii) rescind all or a portion of a fare
increase;
if such reduction or increase was due to decreased
State or local funding or farebox revenue, that
occurred on or after January 1, 2009; and
(B) to prevent reductions or increases described in
subparagraph (A) through September 30, 2011.
(2) Exception.--
(A) In general.--If a recipient submits a
certification to the Secretary that the recipient has
not had a major reduction in public transportation
service, as described in section 5307(d)(1)(I) of title
49, United States Code, or a fare increase as a result
of decreased State or local operating funding, and will
be able to avoid such reductions or increases through
September 30, 2011, without the funds made available by
this section, a recipient may use the funds to replace,
rehabilitate, or repair existing transit capital assets
used in public transportation as defined under section
5302(a)(10) of title 49, United States Code.
(B) Use of remaining funds.--A recipient may use
any remaining funds made available by this section to
replace, rehabilitate, or repair existing transit
capital assets used in public transportation as defined
under section 5302(a)(10) of title 49, United States
Code if that recipient has--
(i) restored a major reduction in public
transportation service or rescinded a fare
increase; and
(ii) is able to avoid reductions or
increases described in paragraph (1)(B).
(d) Requirements.--Applicable requirements of chapter 53 of title
49, United States Code, shall apply to funding provided under this
section. Section 1101(b) of Public Law 109-59 (119 Stat. 1156) shall
apply to funding provided under this section.
(e) Government Share of Costs.--A grant under this section shall
be, at the option of the recipient, up to 100 percent of the net cost
of the project.
(f) Authorization of Appropriations.--There are authorized to be
appropriated to carry out this section $2,000,000,000 to remain
available for obligation through September 30, 2011.
(g) Funds Availability.--Funds apportioned under this section and
obligated on or before September 30, 2011, shall be expended on or
before July 1, 2012.
(h) Oversight.--Three-quarters of 1 percent of the funds available
under paragraphs (1) and (2) of subsection (b), and one-half of 1
percent of the funds available under paragraph (3) of subsection (b),
shall be provided for administrative expenses and program management
oversight, and such funds shall be available through September 30,
2013.
Output:
Public Transportation Preservation Act of 2010 - Authorizes the Secretary of Transportation to make emergency grants to states and designated recipients (urbanized areas) for the operating costs of equipment and facilities for use in public transportation projects. Prescribes a formula for the apportionment of grant funds.

Requires amounts apportioned to a state or urbanized area, with a specified exception, to be used for operating expenses necessary to restore or prevent a reduction in public transportation service and related workforce reductions, or to rescind all or a portion of a fare increase, that: (1) occurs between January 1, 2009, and September 30, 2011; and (2) is due to decreased state or local funding or farebox revenue.

Authorizes a recipient which certifies that it has not had a major reduction in public transportation service, or a fare increase as a result of decreased state or local operating funding, and will be able to avoid such reductions or increases through FY2011 without the funds made available by this Act, to use such funds to replace, rehabilitate, or repair existing transit capital assets used in public transportation.

Sets the amount of a grant, at the option of the recipient, at up to 100% of the net cost of a project.