Sec. 3028. AUTHORIZATION OF GRANTS FOR POSITIVE TRAIN CONTROL
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## SEC. 3028 AUTHORIZATION OF GRANTS FOR POSITIVE TRAIN CONTROL ###
(a)In general There shall be available from the Mass Transit Account of the Highway Trust Fund to carry out this section $199,000,000 for fiscal year 2017 to assist in financing the installation of positive train control systems required under section 20157 of title 49, United States Code. ###
(b)Uses The amounts made available under subsection
(a)of this section shall be awarded by the Secretary on a competitive basis, and grant funds awarded under this section shall not exceed 80 percent of the total cost of a project. ###
(c)Credit Assistance At the request of an eligible applicant under this section, the Secretary may use amounts awarded to the entity to pay the subsidy and administrative costs necessary to provide the entity Federal credit assistance under sections 502 through 504 of the Railroad Revitalization and Regulatory Reform Act of 1976 (45 U.S.C. 801 et seq.), with respect to the project for which the grant was awarded. ###
(d)Eligible Recipients The amounts made available under subsection
(a)of this section may be used only to assist a recipient of funds under chapter 53 of title 49, United States Code. ###
(e)Project Management Oversight The Secretary may withhold up to 1 percent from the amounts made available under subsection
(a)of this section for the costs of project management oversight of grants authorized under that subsection. ###
(f)Savings Clause Nothing in this section may be construed as authorizing the amounts appropriated under subsection
(a)to be used for any purpose other than financing the installation of positive train control systems. ###
(g)Grants financed from highway trust fund A grant that is approved by the Secretary and financed with amounts made available from the Mass Transit Account of the Highway Trust Fund under this section is a contractual obligation of the Government to pay the Government share of the cost of the project. ###
(h)Availability of Amounts Notwithstanding subsection (j), amounts made available under this section shall remain available until expended. ###
(i)Obligation Limitation Funds made available under this section shall be subject to obligation limit of section 3018 of the Federal Public Transportation Act of 2015. ###
(j)Sunset The Secretary of Transportation shall provide the grants, direct loans, and loan guarantees under subsections
(b)and
(c)by September 30, 2018.
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Sec. 3028
AUTHORIZATION OF GRANTS FOR POSITIVE TRAIN CONTROL
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