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119-s-660119th CongressWALLET

Bus Rolling Stock Modernization Act of 2025

Sponsored By: Senator Smith, Tina [D-MN]

Introduced

Summary

This bill would let transit authorities use federal public transportation grants to make limited upfront payments for buses. It creates a controlled allowance for up to 20% advance payments on bus rolling stock.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Advance payments allowed for bus purchases

If enacted, transit agencies that get federal transit funds would be allowed to use that money to make an advance payment to a bus manufacturer. Each advance payment could be no more than 20% of the total purchase order value. Agencies would be able to do this without needing pre-approval or a performance bond from the manufacturer. Agencies would need a signed purchase order and an executed contract with advance-payment terms. They would also need preaward authority and to meet subsection (m) and section 5318(e) requirements. If enacted, this would take effect upon enactment.

Sponsors & CoSponsors

Sponsor

Smith, Tina [D-MN]

MN • D

Cosponsors

  • Sen. Cramer, Kevin [R-ND]

    ND • R

    Sponsored 2/20/2025

  • Sen. Fetterman, John [D-PA]

    PA • D

    Sponsored 2/20/2025

  • Sen. Britt, Katie Boyd [R-AL]

    AL • R

    Sponsored 2/20/2025

Roll Call Votes

No roll call votes available for this bill.

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