# 119-s-5203: TURBO Act

119-s-5203, TURBO Act, is a 119th Congress bill sponsored by Sen. McCormick, David [R-PA] (R-PA); status introduced; PRIA reads it as touching household money (as of 2026-08-13).

- Canonical: https://policyrisk.com/legislation/119-s-5203
- As of: 2026-08-13
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-5203
- Congress: 119
- Title: TURBO Act
- Status: introduced
- Introduced: 2026-07-30
- Sponsor: Sen. McCormick, David [R-PA] (R-PA)
- Cosponsors: 1
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-08-13

## Summary

**Would expand capacity for transit-related tax-exempt bonds** to let more freight facilities, commuter systems, and lower-speed intercity rail projects qualify for exempt facility financing. The bill changes bond limits and eligibility rules so a wider set of transit projects could use tax-exempt financing.

## Cosponsors (1)

- Sen. Duckworth, Tammy [D-IL] (D-IL), 2026-07-30T00:00:00.000Z

## Provisions PRIA read

- More tax-exempt bonds for transit: benefit, medium. If enacted, this bill would let more transit and freight projects use tax-exempt bonds. It would raise the national cap for highway and surface freight facility bonds from $30 billion to $45 billion. It would allow the purchase of rolling stock to be financed with mass commuting bonds. It would tre…

## Related bills

- 119-s-5066: Health Equity and Accountability Act of 2026
- 119-s-3597: National Quantum Initiative Reauthorization Act of 2026
- 119-s-2120: Older Americans Act Reauthorization Act of 2025
- 119-s-1748: Kids Online Safety Act
- 119-s-1541: SHIPS for America Act of 2025
- 119-s-4065: STAND with Taiwan Act of 2026

## Sources
- [119-s-5203 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/5203)

## Related
- [119-s-5066: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-s-5066)
- [119-s-3597: National Quantum Initiative Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3597)
- [119-s-2120: Older Americans Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-s-2120)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-4065: STAND with Taiwan Act of 2026](https://policyrisk.com/legislation/119-s-4065)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-5203 (as of 2026-08-13).