“(1) PUBLIC TRANSPORTATION ON INDIAN RESERVATIONS.—Of the amounts made available or appropriated for each fiscal year pursuant to section 5338(a)(2)(E) to carry out this paragraph, the following amounts shall be apportioned for grants to Indian tribes for any purpose eligible under this section, under such terms and conditions as may be established by the Secretary: “(A) The following amounts shall be distributed on a competitive basis by the Secretary for each fiscal year: “(1) $10,000,000 for fiscal year 2015; “(2) $15,000,000 for fiscal year 2016; “(3) $20,000,000 for fiscal year 2017; “(4) $25,000,000 for fiscal year 2018; “(5) $30,000,000 for fiscal year 2019; and “(6) $35,000,000 for fiscal year 2020. “(B) The following amounts shall be apportioned as formula grants, as provided in subsection (j) for each fiscal year: “(1) $35,000,000 for fiscal year 2015; “(2) $40,000,000 for fiscal year 2016; “(3) $45,000,000 for fiscal year 2017; “(4) $50,000,000 for fiscal year 2018;
those laws.” SECTION 115. TRIBAL INFRASTRUCTURE BANK. Chapter 6 of title 23, United States Code, is amended by adding at the end thereof the following new section: “§ 611. TRIBAL INFRASTRUCTURE BANK. “(a) DEFINITIONS.—In this section, terms defined in section 610(a) of this chapter have the meanings established in that section. “(b) ESTABLISHMENT.—The Secretary establish a tribal infrastructure bank for making loans and providing other forms of credit assistance to a tribal government, carrying out or proposing to carry out projects eligible for assistance under this section. “(c) FUNDING.— “(1) SEPARATE ACCOUNTS.— “(A). IN GENERAL.—The tribal infrastructure bank established this section shall maintain— “(i) a separate highway account for Federal funds contributed to the bank under paragraph (2)(A) of this subsection; and “(ii)a separate transit account for Federal funds contributed to the bank under paragraph (2)(B) of this
“(i) redesign or consolidate programs, services, functions, and activities (or portions thereof) included in a funding agreement; and “(ii) reallocate or redirect funds for such programs, services, functions, and activities (or portions thereof), if the funds are— “(I) expended on projects identified in a transportation improvement program approved by the Secretary; and “(II) used in accordance with appropriations Acts and other applicable statutory limitations. “(B) Exception.—Notwithstanding subparagraph (A), if, pursuant to subsection (d), an Indian receives a discretionary or competitive grant from the Secretary or receives State apportioned funds, the Indian tribe shall use the funds for the purpose for which the funds were originally authorized. “(2) Retrocession.— “(A) In General.— “(i) Authority Of Indian Tribes.—An Indian may retrocede (fully or partially) to the Secretary programs, services,
“(B) Findings Resulting In Termination.—The finding referred to in subparagraph (A) is a specific finding of— “(i) imminent jeopardy to a asset, natural resources, or public health and safety that is caused by an act or omission of the Indian tribe and that arises out of a failure to carry out the compact or funding agreement, as determined by the Secretary; or “(ii) gross mismanagement with respect to funds or programs transferred to the Indian tribe under the compact or funding agreement, as determined by the Secretary in consultation with the Inspector General of the Department, as appropriate. “(C) Prohibition.—The Secretary shall not terminate a compact or funding agreement (or portion thereof) unless— “(i) the Secretary has provided written notice and a hearing on the record to the Indian tribe that is subject to the compact or funding agreement; and “(ii) the Indian tribe has not taken corrective action to remedy the mismanagement of funds or programs or the imminent jeopardy to a trust asset, natural resource, or public