A bill to provide relief to public transportation agencies with projects in the Full Funding Grant Agreement stage of the Capital Investment Grants Program.
Summary
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. 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%.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2021
Committee Review
Floor Vote
President
Introduced Mar 18, 2021
Last action Mar 18, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Mar 18, 2021
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Mar 18, 2021
Introduced
Introduced in Senate
upper
1 primary · 6 co-sponsors
Sponsors
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