Sec. 3. Funding flexibility for transportation projects
229 words·~1 min read·
/bill/116/hr/8360/ih/section-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If a State uses any amount of funds provided under a payment made under section 601 of the Social Security Act or any non-Federal funds to carry out activities during the period beginning on the date of enactment of this Act and ending 1 year after such date that are related to a project receiving Federal financial assistance through the Department of Transportation or a project authorized by the Corps of Engineers and carried out by a non-Federal interest, the Secretary of Transportation or the Secretary of the Army, as applicable, shall provide to such State an amount equal to 50 percent of the funds spent on such activities.
To carry out this subsection, there is authorized to be appropriated, and there is appropriated, out of any funds in the Treasury not otherwise appropriated, $25,000,000,000, to remain available until expended. Funds provided under a payment made under section 601 of the Social Security Act may be used for up to 100 percent of the non-Federal share of any project authorized by the Corps of Engineers and carried out by a non-Federal interest or any project receiving financial assistance under title 23, United States Code, if such funds are used to carry out activities during the period beginning on the date of enactment of this Act and ending on the date that is 1 year after such date of enactment.