H.R. 4643

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4643 Introduced in House (IH)]

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119th CONGRESS
1st Session
H. R. 4643

To require certain grant recipients of transit and highway 
transportation projects to establish and contribute to a business 
uninterrupted monetary program fund, and for other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

July 23, 2025

Mr. Correa (for himself and Mr. Carter of Louisiana) introduced the 
following bill; which was referred to the Committee on Transportation 
and Infrastructure

_______________________________________________________________________

A BILL

To require certain grant recipients of transit and highway 
transportation projects to establish and contribute to a business 
uninterrupted monetary program fund, 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. SHORT TITLE.

This Act may be cited as the ``Business Uninterrupted Monetary 
Program Act of 2025''.

SEC. 2. FIXED GUIDEWAY CAPITAL INVESTMENT GRANTS.

Section 5309 of title 49, United States Code, is amended by adding 
at the end the following:
``(s) Business Uninterrupted Monetary Program Fund.--
``(1) Establishment.--To be eligible for a grant under this 
section, a project sponsor or shall establish a fund to be 
known as a business uninterrupted monetary program fund (in 
this subsection referred to as a `BUMP Fund').
``(2) Fund requirements.--Amounts contributed to a BUMP 
Fund under this subsection--
``(A) may count toward the non-Federal share of the 
cost of a project under such section; and
``(B) shall be provided to covered entities that 
are negatively impacted by an interruption caused by a 
project carried out with amounts made available under 
such grant.
``(3) Contributions to the fund.--
``(A) In general.--The Secretary shall require that 
the project sponsor contribute an amount into a BUMP 
Fund that meets the following requirements:
``(i) The amount required to be set aside 
shall not impact the total project cost or the 
total non-Federal match requirement of the 
project.
``(ii) Such amount shall reflect the funds 
necessary to fully carry out the requirement 
described in paragraph (2)(B).
``(iii) Such amount may not constitute an 
amount of the non-Federal cost share that would 
impede the project sponsor from carrying out 
the project.
``(iv) Apply to projects with total cost 
equal or greater than $100 million.
``(v) Such amount shall be determined by 
the local sponsor, so long as such amount--
``(I) does not exceed 10 percent of 
the total non-Federal share; and
``(II) reflects the estimated 
damages caused by the interruption.
``(B) Waiver.--The Secretary may waive or alter the 
percentage of the contribution amount required under 
subparagraph (A)--
``(i) if the Secretary determines that the 
project sponsor has an equivalent program 
established that is applicable to the project;
``(ii) the Secretary determines that there 
is no interruption that could occur with 
respect to a project;
``(iii) the amount of Federal funding for 
the total cost of the project is less than 10 
percent of such cost; or
``(iv) for any other reason the Secretary 
determines appropriate.
``(4) Eligibility for receipt of funds.--The applicant, as 
part of the portion of the application for a grant under this 
section that relates to the financial commitment of the 
applicant, shall provide information to the Secretary on how 
the project sponsor shall determine which covered entities are 
eligible to receive assistance from a BUMP Fund, including the 
following:
``(A) Which covered entities are eligible to 
receive funding under the BUMP Fund.
``(B) The terms for eligibility for amounts in a 
BUMP Fund.
``(C) The process by which the local sponsor or 
project partner shall--
``(i) determine the impact on covered 
entities;
``(ii) distribute the funds to covered 
entities; and
``(iii) verify the information provided by 
covered entities.
``(D) The total funding available per covered 
entity.
``(E) The outreach plan for informing covered 
entities.
``(F) Any other information the applicant 
determines is necessary.
``(5) Eligible expenses.--
``(A) In general.--Eligible expenses provided to a 
covered entity from a BUMP Fund may include, at the 
discretion of the project sponsor, the following:
``(i) Utilities.
``(ii) Insurance.
``(iii) Rent or mortgage.
``(iv) Payroll.
``(v) Loss of income.
``(vi) Any other expense the sponsor 
determines is consistent with the requirements 
of this section.
``(B) Invalidation of payment by secretary.--The 
Secretary may disqualify an eligible expense submitted 
by a project sponsor at the time such recipient submits 
its financial commitment if the Secretary determines 
such an expense is not consistent with the requirements 
of this section.
``(6) Combined bump fund.--For a project sponsor that has 
more than 2 projects running concurrently, the project sponsor 
may maintain one BUMP Fund to cover all such projects.
``(7) Retention of funds.--Funds set aside for the BUMP 
Fund shall remain available for a period of 1 year after the 
completion of the project for which the BUMP Fund was 
established unless the project sponsor certifies to the 
Secretary that the funds are no longer needed.
``(8) Unused funds.--Any amounts deposited in a BUMP Fund 
that are not dispensed during the project may be available to 
the recipient for the following uses:
``(A) Operating expenses for the project for which 
the BUMP Fund was established.
``(B) Project enhancements or construction cost 
overruns for the project.
``(C) Other projects eligible under this title, 
except that the amounts may not count toward non-
Federal matching funds of any other project.
``(D) In any case in which the recipient does not 
manage the project, amounts may be returned to the 
grant recipient.
``(E) For any other purpose approved by the 
Secretary.
``(9) Derivation of funds for deposit into bump fund.--The 
funds dedicated to a BUMP Fund may be derived from--
``(A) non-Federal funds, unless deposit of such 
non-Federal funds is prohibited by the terms of an 
agreement between the funding source and the project 
sponsor; or
``(B) Federal funds, if approved by the Secretary.
``(10) Definitions.--In this subsection:
``(A) Business uninterrupted monetary program fund; 
bump fund.--The term `business uninterrupted monetary 
program fund' or `BUMP Fund' means a fund for the 
purpose of providing financial assistance to covered 
entities directly and negatively impacted by a 
transportation project funded by a grant under this 
section to reimburse such a covered entity for expenses 
incurred during an interruption caused by such project.
``(B) Covered entity.--The term `covered entity' 
means a private business or nonprofit organization, as 
defined by the project sponsor.
``(C) Interruption.--The term `interruption' means 
an activity carried out as part of a project for which 
a grant is provided under this section that disrupts 
the activities of a covered entity and causes 
measurable negative impacts to the financial well-being 
of such entity.
``(D) Project sponsor.--The term `project sponsor' 
means the sponsor of a project, or affiliated project 
partner, for which a grant is provided under this 
section.''.

SEC. 3. FEDERAL-AID HIGHWAY PROGRAM.

(a) In General.--Chapter 1 of title 23, United States Code, is 
amended by adding at the end the following:
``Sec. 180. Business uninterrupted monetary program fund
``(a) Business Uninterrupted Monetary Program Fund.--
``(1) Establishment.--The Secretary shall require a 
recipient of Federal-aid highway funds under this title to 
establish a fund to be known as a business uninterrupted 
monetary program fund (in this section referred to as a `Bump 
Fund') as required under section 106(k).
``(2) Fund requirements.--Amounts contributed to a BUMP 
Fund under this section--
``(A) may count toward the non-Federal share of the 
cost of a covered project; and
``(B) shall be provided to covered entities that 
are negatively impacted by an interruption cause by a 
covered project.
``(3) Contributions to the fund.--
``(A) In general.--The Secretary shall require that 
the project sponsor of a covered project contribute an 
amount into a BUMP Fund that meets the following 
requirements:
``(i) The amount required to be set aside 
shall not impact the total non-Federal match 
requirement of the project.
``(ii) Such amount shall reflect the funds 
necessary to fully carry out the requirement 
described in paragraph (2)(B).
``(iii) Such amount may not constitute an 
amount of the non-Federal cost share that would 
impede the project sponsor from carrying out 
the project.
``(iv) The amount allocated to the BUMP 
fund shall be determined by the local sponsor, 
so long as--
``(I) the amount does not exceed 25 
percent of the total non-Federal share; 
and
``(II) the amount reflects the 
estimated damages caused by the 
interruption.
``(B) Waiver.--The Secretary may waive or alter the 
percentage of the contribution amount required under 
subparagraph (A)--
``(i) if the Secretary determines that the 
project sponsor has an equivalent program 
established that is applicable to the project;
``(ii) the Secretary determines that there 
is no interruption that could occur with 
respect to a project;
``(iii) the amount of Federal funding for 
the total cost of the project is less than 10 
percent of such cost; or
``(iv) for any other reason the Secretary 
determines appropriate.
``(4) Eligibility for receipt of funds.--An applicant for 
funds for a covered project, as part of the portion of the 
application that relates to the financial commitment of the 
applicant, shall provide information to the Secretary on the 
implementation of BUMP Fund including the following:
``(A) Which covered entities are eligible to 
receive funding under the BUMP Fund.
``(B) The terms for eligibility for amounts in a 
BUMP Fund.
``(C) The process by which the local sponsor or 
project partner shall--
``(i) determine the impact on covered 
entities;
``(ii) distribute the funds to covered 
entities; and
``(iii) verify the information provided by 
covered entities.
``(D) The total funding available per covered 
entity.
``(E) The outreach plan for informing covered 
entities.
``(F) Any other information the applicant 
determines is necessary.
``(5) Eligible expenses.--
``(A) In general.--Eligible expenses provided to a 
covered entity from a BUMP Fund may include, at the 
discretion of the project sponsor, the following:
``(i) Utilities for the covered entity.
``(ii) Insurance for the covered entity and 
employees of such entity.
``(iii) Rent or mortgage payments.
``(iv) Payroll expenses.
``(v) Loss of income.
``(vi) Any other expense the sponsor 
determines is consistent with the requirements 
of this section.
``(B) Invalidation of payment by secretary.--The 
Secretary may disqualify an eligible expense submitted 
by a project sponsor at the time such recipient submits 
its financial commitment if the Secretary determines 
such an expense is not consistent with the requirements 
of this section.
``(6) Retention of funds.--Funds set aside for the BUMP 
Fund shall remain available for a period of 1 year after the 
completion of the project for which the BUMP Fund was 
established unless the project sponsor certifies to the 
Secretary that the funds are no longer needed.
``(7) Unused funds.--Any amounts deposited in a BUMP Funds 
that are not dispensed during the project may be available to 
the project sponsor for the following uses:
``(A) Project enhancements, including non-
infrastructure project enhancements, or construction 
cost overruns for the project.
``(B) Environmental mitigation described under 
section 119(g) of title 23, United States Code.
``(C) Other projects eligible under this title, 
except that the amounts may not count toward non-
Federal matching funds of any other project.
``(D) In any case in which the project sponsor does 
not manage the project, amounts may be returned to the 
initial recipient of the Federal funds provided for the 
covered project.
``(E) For any other purpose approved by the 
Secretary.
``(8) Derivation of funds for deposit into bump fund.--The 
funds dedicated to BUMP Fund may be derived from--
``(A) a non-Federal source, consistent with the 
requirements of part 200 of title 2, Code of Federal 
Regulations, unless deposit of such non-Federal funds 
is prohibited by the terms of an agreement between the 
funding source and the project sponsor; or
``(B) Federal funds, if approved by the Secretary.
``(9) Projects without a non-federal share.--For any 
covered project that is funded with 100 percent Federal funds, 
the Secretary shall determine, together with the project 
sponsor, an appropriate amount of funding for the BUMP Fund.
``(10) Combined bump fund.--For a project sponsor that has 
more than 2 projects running concurrently, the project sponsor 
may maintain one BUMP Fund to cover all such projects.
``(b) Definitions.--In this section:
``(1) Business uninterrupted monetary program fund; bump 
fund.--The term `business uninterrupted monetary program fund' 
or `BUMP Fund' means a fund for the purpose of providing 
financial assistance to covered entities directly and 
negatively impacted by covered project to reimburse such a 
covered entity for expenses incurred during an interruption 
caused by such project.
``(2) Covered entity.--The term `covered entity' means a 
private business or nonprofit organization, as defined by the 
project sponsor.
``(3) Covered project.--The term `covered project' means 
any project carried out under this title that has a total cost 
of $50,000,000 or greater.
``(4) Interruption.--The term `interruption' means an 
activity carried out as part of a covered project that disrupts 
the activities of a covered entity and causes measurable 
negative impacts to the financial well-being of such entity.
``(5) Project sponsor.--The term `project sponsor' means 
the entity or affiliated project partner carrying out a covered 
project.''.
(b) Clerical Amendment.--The analysis for chapter 1 of title 23, 
United States Code, is amended by adding at the end the following:

``180. Business uninterrupted monetary program fund.''.
(c) Project Approval and Oversight.--Section 106 of title 23, 
United States Code, is amended by adding at the end the following:
``(k) Business Uninterrupted Monetary Program Fund.--A recipient of 
Federal financial assistance under this title for a project with an 
estimated total project cost of $50,000,000 or more shall establish a 
business uninterrupted monetary program fund as described under section 
180, and subject to the requirements of such section, to address 
financial impacts to companies that suffer financial burdens as a 
result of project construction.''.

SEC. 4. GRANTS FOR CERTAIN INTERRUPTIONS DUE TO FIXED GUIDEWAY CAPITAL 
INVESTMENT PROJECTS.

(a) Establishment.--Not later than 270 days after the date of 
enactment of this Act, the Secretary of Transportation shall establish 
a competitive grant program that provides a single round of grants to 
project sponsors to provide relief to covered entities as described in 
section 5309(s) of title 49, United States Code (as added by section 
2).
(b) Eligibility.--A project sponsor is eligible for a grant under 
subsection (a) for any project--
(1) that meets the requirements of section 5309(s) of title 
49, United States Code;
(2) for which construction began on or after October 1, 
2018; and
(3) that remains under construction as of June 1, 2023.
(c) Funding Limitations.--A grant provided under this section may 
not exceed $10,000,000.
(d) Unused Amounts.--Any funds not made available pursuant to this 
section shall be retained in the account to which the funds were 
appropriated and made available for any other purpose provided for by 
law.
(e) Definitions.--The definitions in section 5309(s)(9) of title 
49, United States Code, shall apply to this section.

SEC. 5. IMPLEMENTATION.

The Secretary of Transportation shall implement the requirements of 
the amendments made by sections 2 and 3 of this Act not later than 270 
days after the date of enactment of this Act.
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