Sec. 1148. TREATMENT OF PROJECTS IN COVERED COMMUNITIES

390 words·~2 min read·/statute-compilations/comps-18105/sec-1148

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 1148 TREATMENT OF PROJECTS IN COVERED COMMUNITIES ###

(a)In General In carrying out feasibility studies for projects that serve a covered community, the Secretary shall select 10 such studies and include in those studies the calculation of an alternative benefit-cost ratio for the project in order to equitably compare such project to projects carried out in the contiguous States of the United States and the District of Columbia. ###

(b)Evaluation In carrying out this section, the Secretary shall— ####

(1)compute the benefit-cost ratio for the project in accordance with current law and guidance; ####

(2)if different from the ratio described in paragraph (1), compute an alternative benefit-cost ratio by adjusting the construction costs for the project to reflect what construction costs would be if the project were carried out in a comparable community in the contiguous States that is nearest to the community in which the project will be carried out; ####

(3)include in the documentation associated with the feasibility study for the project the ratios calculated under paragraph

(1)and paragraph (2); and ####

(4)compare the alternative benefit-cost ratio calculated under paragraph

(2)to the standard benefit-cost ratios calculated for each project alternative. ###

(c)Notification ####

(1)In general If the tentatively selected plan for a project yields a benefit-cost ratio less than unity for the project and results in the discontinuation of the project, the Secretary shall provide written notice to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Environment and Public Works of the Senate. ####

(2)Inclusion In any written notice provided under paragraph (1), the Secretary shall include for the project a comparison of the benefit-cost ratios described in subsection (b)(4). ###

(d)Report After carrying out subsection (a), the Secretary shall submit to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Environment and Public Works of the Senate a report that summarizes for each project the comparisons of the benefit-cost ratios described in subsection (b)(4). ###

(e)Covered Community Defined In this section, the term “covered community” means a community located in the State of Hawaii, the State of Alaska, the Commonwealth of Puerto Rico, Guam, the Commonwealth of the Northern Mariana Islands, the United States Virgin Islands, or American Samoa.