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.
Relief for public transportation agencies
Definitions
In this section—
the term Secretary means the Secretary of Transportation; and
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.
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.
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).
Federal share
The Federal share of the costs of a project that receives additional funding under this section may not exceed 80 percent.
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.
