Sec. 9002. COUNCIL ON CREDIT AND FINANCE
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## SEC. 9002 COUNCIL ON CREDIT AND FINANCE ###
(a)In general Chapter 1 of title 49, United States Code, as amended by this Act, is further amended by adding at the end the following: > > ## “SEC. 117 Council on Credit and Finance > > **[**[49 U.S.C. 117](/us/usc/t49/s117)**]** > > > ### “(a) Establishment > > The Secretary of Transportation shall establish a Council on Credit and Finance in accordance with this section. > > > ### “(b) Membership > > > #### “(1) In general > > The Council shall be composed of the following members: > > > ##### “(A) > > The Deputy Secretary of Transportation. > > > ##### “(B) > > The Under Secretary of Transportation for Policy. > > > ##### “(C) > > The Chief Financial Officer and Assistant Secretary for Budget and Programs. > > > ##### “(D) > > The General Counsel of the Department of Transportation. > > > ##### “(E) > > The Assistant Secretary for Transportation Policy. > > > ##### “(F) > > The Administrator of the Federal Highway Administration. > > > ##### “(G) > > The Administrator of the Federal Transit Administration. > > > ##### “(H) > > The Administrator of the Federal Railroad Administration. > > > #### “(2) Additional members > > The Secretary may designate up to 3 additional officials of the Department to serve as at-large members of the Council. > > > #### “(3) Chairperson and vice chairperson > > > ##### “(A) Chairperson > > The Deputy Secretary of Transportation shall serve as the chairperson of the Council. > > > ##### “(B) Vice chairperson > > The Chief Financial Officer and Assistant Secretary for Budget and Programs shall serve as the vice chairperson of the Council. > > > #### “(4) Executive director > > The Executive Director of the National Surface Transportation and Innovative Finance Bureau shall serve as a nonvoting member of the Council. > > > ### “(c) Duties > > The Council shall— > > > #### “(1) > > review applications for assistance submitted under the programs referred to in subparagraphs (A), (B), and
(C)of section 116(d)(1); > > > #### “(2) > > review applications for assistance submitted under the program referred to in section 116(d)(1)(D), as determined appropriate by the Secretary; > > > #### “(3) > > make recommendations to the Secretary regarding the selection of projects to receive assistance under such programs; > > > #### “(4) > > review, on a regular basis, projects that received assistance under such programs; and > > > #### “(5) > > carry out such additional duties as the Secretary may prescribe.” > . ###
(b)Clerical Amendment The analysis for such chapter is further amended by adding at the end the following:“117. Council on Credit and Finance.”. # TITLE X SPORT FISH RESTORATION AND RECREATIONAL BOATING SAFETY
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Sec. 9002
COUNCIL ON CREDIT AND FINANCE
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