H.R. 3586

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3586 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 3586

To establish limitations on advanced payments for bus rolling stock, 
and for other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

May 23, 2025

Mrs. Fischbach (for herself, Mr. Stauber, and Ms. Craig) introduced the 
following bill; which was referred to the Committee on Transportation 
and Infrastructure

_______________________________________________________________________

A BILL

To establish limitations on advanced payments for bus rolling stock, 
and for other purposes.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. LIMITATIONS ON ADVANCED PAYMENTS FOR BUS ROLLING STOCK.

Section 5323 of title 49, United States Code, is amended by adding 
at the end the following:
``(w) Limitations on Advanced Payments for Bus Rolling Stock.--
``(1) In general.--Notwithstanding any provision of this 
chapter or part 200 of title 2, Code of Federal Regulations, or 
any successor regulation, a recipient may use assistance made 
available under this chapter to make an advance payment on a 
bus rolling stock vehicle without the transit vehicle 
manufacturer obtaining a performance bond or similar financial 
arrangement.
``(2) Limitations.--A recipient making an advance payment 
under paragraph (1)--
``(A) shall have--
``(i) a signed purchase order and executed 
contract with a transit vehicle manufacturer 
that includes advance payment provisions;
``(ii) preaward authority; and
``(iii) met the requirements under 
subsection (m) and section 5318(e) of this 
title; and
``(B) shall not provide an advanced payment that is 
more than 20 percent of the total purchase order 
value.''.
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