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S. 837 (117th): A bill to provide relief to public transportation agencies with projects in the Full Funding Grant Agreement stage of the Capital Investment Grants Program.


The text of the bill below is as of Mar 18, 2021 (Introduced). The bill was not enacted into law.


II

117th CONGRESS

1st Session

S. 837

IN THE SENATE OF THE UNITED STATES

March 18, 2021

(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.