Transportation Assistance for Olympic and World Cup Cities Act of 2024

This bill provides federal funding to support permanent transportation infrastructure in cities hosting major international sporting events like the Olympics or World Cup. It authorizes $50 million annually for grants to eligible entities (states, local governments, transit agencies within 100 miles of the event site) to fund non-temporary transportation projects that improve movement of people and goods during these events. The bill also requires the Commerce Department to conduct studies on how hosting these events impacts U.S. travel and tourism, including changes in travel frequency, business revenue, and employment, with reports due after each event concludes. These studies will specifically cover the 2028 Los Angeles Olympics and the 2026 Men’s World Cup.