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Title 49 — TransportationRelease 119-73not60

§5566 Records and Audits

Title 49 › Subtitle SUBTITLE III— GENERAL AND INTERMODAL PROGRAMS › Chapter 55— INTERMODAL TRANSPORTATION › Subchapter II— TERMINALS › § 5566

Last updated Apr 5, 2026|Official source

Summary

People or groups that get federal money under this law must keep the records the Secretary of Transportation asks for. The records must show the amount of money received and how it was used, the total project cost, how much came from other sources, and any other papers that help an audit. For 3 years after a project ends, the Secretary of Transportation and the Comptroller General may inspect and audit those records if they think the records relate to the funding.

Full Legal Text

Title 49, §5566

Transportation — Source: USLM XML via OLRC

(a)Each recipient of financial assistance under this chapter shall keep records required by the Secretary of Transportation. The records shall disclose—
(1)the amount, and disposition by the recipient, of the proceeds of the assistance;
(2)the total cost of the project for which the assistance was given or used;
(3)the amount of that part of the cost of the project supplied by other sources; and
(4)any other records that will make an effective audit easier.
(b)For 3 years after a project is completed, the Secretary and the Comptroller General may audit and inspect records of a recipient that the Secretary or Comptroller General decides may be related or pertinent to the financial assistance.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 5566(a)49 App.:1653(i)(8) (1st sentence).Oct. 15, 1966, Pub. L. 89–670, 80 Stat. 931, § 4(i)(8); added Oct. 28, 1974, Pub. L. 93–496, §§ 6, 15, 88 Stat. 1530, 1533; Feb. 5, 1976, Pub. L. 94–210, § 707(3), 90 Stat. 125; May 30, 1980, Pub. L. 96–254, § 206(a), 94 Stat. 412. 5566(b)49 App.:1653(i)(8) (last sentence). In this section, the word “undertaking” is omitted as being included in “project”. In subsection (a), before clause (1), the word “fully” is omitted as surplus. In subsection (b), the words “the expiration of” and “of the United States” are omitted as surplus. The words “or any of their duly authorized representatives” are omitted as unnecessary because of 49:322(b) and 31:711(2). The words “may audit and inspect” are substituted for “shall have access for the purpose of audit and examination” for consistency in the revised title and with other titles of the United States Code. The word “recipient” is substituted for “such receipts” to correct an error in the underlying source provisions.

Reference

Citations & Metadata

Citation

49 U.S.C. § 5566

Title 49 — Transportation

Last Updated

Apr 5, 2026

Release point: 119-73not60