§ 5326. Transit asset management
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(a)Definitions.— In this section the following definitions shall apply:
(1)Capital asset.— The term “capital asset” includes equipment, rolling stock, infrastructure, and facilities for use in public transportation and owned or leased by a recipient or subrecipient of Federal financial assistance under this chapter.
(2)Transit asset management plan.— The term “transit asset management plan” means a plan developed by a recipient of funding under this chapter that—
(A)includes, at a minimum, capital asset inventories and condition assessments, decision support tools, and investment prioritization; and
(B)the recipient certifies complies with the rule issued under this section.
(3)Transit asset management system.— The term “transit asset management system” means a strategic and systematic process of operating, maintaining, and improving public transportation capital assets effectively throughout the life cycle of such assets.
(b)Transit Asset Management System.— The Secretary shall establish and implement a national transit asset management system, which shall include—
(1)a definition of the term “state of good repair” that includes objective standards for measuring the condition of capital assets of recipients, including equipment, rolling stock, infrastructure, and facilities;
(2)a requirement that recipients and subrecipients of Federal financial assistance under this chapter develop a transit asset management plan;
(3)a requirement that each designated recipient of Federal financial assistance under this chapter report on the condition of the system of the recipient and provide a description of any change in condition since the last report;
(4)an analytical process or decision support tool for use by public transportation systems that—
(A)allows for the estimation of capital investment needs of such systems over time; and
(B)assists with asset investment prioritization by such systems; and
(5)technical assistance to recipients of Federal financial assistance under this chapter.
(c)Performance Measures and Targets.—
(1)In general.— Not later than 1 year after the date of enactment of the Federal Public Transportation Act of 2012, the Secretary shall issue a final rule to establish performance measures based on the state of good repair standards established under subsection (b)(1).
(2)Targets.— Not later than 3 months after the date on which the Secretary issues a final rule under paragraph (1), and each fiscal year thereafter, each recipient of Federal financial assistance under this chapter shall establish performance targets in relation to the performance measures established by the Secretary.
(3)Reports.— Each designated recipient of Federal financial assistance under this chapter shall submit to the Secretary an annual report that describes—
(A)the progress of the recipient during the fiscal year to which the report relates toward meeting the performance targets established under paragraph
(2)for that fiscal year; and
(B)the performance targets established by the recipient for the subsequent fiscal year.
(d)Rulemaking.— Not later than 1 year after the date of enactment of the Federal Public Transportation Act of 2012, the Secretary shall issue a final rule to implement the transit asset management system described in subsection (b).
(Added Pub. L. 112–141, div. B, § 20019, July 6, 2012, 126 Stat. 707.)
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Cited by 263 sections · top 60
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U.S. Code
CFR
- § 450.324Development and content of the metropolitan transportation plan.
- § 450.206Scope of the statewide and nonmetropolitan transportation planning process.
- § 450.306Scope of the metropolitan transportation planning process.
- § 450.226Phase-in of new requirements.
- § 450.340Phase-in of new requirements.
register
- Rules and RegulationsFinal rule
- Proposed RulesNotice of proposed rulemaking (NPRM)
- Presidential DocumentsFinal rule
- NoticesNotice of availability of proposed circular and request for comments
- Proposed RulesNotice of proposed rulemaking (NPRM); request for comments
- NoticesNotice of availability and response to comments
- Rules and RegulationsNotice of proposed rulemaking (NPRM)
- Presidential DocumentsIntroduction to the Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions
- Presidential DocumentsIntroduction to the Unified Agenda of Federal Regulatory and Deregulatory Actions
- NoticesNotice of proposed rulemaking (NPRM)
- NoticesFinal rule
- NoticesNotice of availability of final circular
- NoticesNotice of availability
- NoticesRequest for Comments SUMMARY: This notice responds to comments on a proposed expansion of the Federal Transit Administration's (FTA) National Transit Database (NTD); requests comments on additional proposed reporting; and requests comments on updating the NTD's approval to collect information under the Paperwork Reduction Act
- NoticesFinal rule
- NoticesNotice of Availability of Proposed Circular and Request for Comments
- NoticesNotice; request for expressions of interest to participate
- Rules and RegulationsNotice of proposed rulemaking (NPRM)
- Rules and RegulationsNotice
- NoticesNotice of availability of proposed National Public Transportation Safety Plan; request for comments
- Proposed RulesFinal rule
- Rules and RegulationsNotice of Proposed Rulemaking (NPRM); request for comments
- NoticesInterim final rule; request for comments
- Rules and RegulationsSemiannual regulatory agenda
- NoticesNotice of request for comments
- Rules and RegulationsNotice of proposed rulemaking (NPRM)
- NoticesNotice of proposed rulemaking; request for comments
- Proposed RulesNotice of withdrawal of proposed rulemaking
- NoticesIntroduction to the Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions
- NoticesFinal rule
- Rules and RegulationsSemiannual regulatory agenda
- Rules and RegulationsSemiannual regulatory agenda
- Rules and RegulationsNotice of proposed rulemaking (NPRM)
- Presidential DocumentsIntroduction to the Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions
- NoticesFinal rule
- Proposed RulesFinal rule
- Proposed RulesAdvance notice of proposed rulemaking
- Proposed RulesAdvance notice of proposed rulemaking; withdrawal
- NoticesFinal rule
- Rules and RegulationsFinal rule
- NoticesNotice of proposed rulemaking (NPRM)
- Rules and RegulationsFinal rule
- Rules and RegulationsPolicy guidance
- NoticesProposed policy guidance; request for comments
- Presidential DocumentsNotice of Proposed Rulemaking (NPRM): request for comments
- NoticesFinal rule
- Proposed RulesNotice of proposed rulemaking (NPRM); request for comments
statute-compilations
- Sec. 416None of the funds made available by this Act may be used by the Department of Defense or the Department of Veterans Affairs to lease or purchase new light duty vehicles for any executive fleet, or for an agency’s fleet inventory, except in accordance with Presidential Memorandum—Federal Fleet Performance, dated May 24, 2011.
- Sec. 412### (a) In general
- Sec. 512### (a) In general
Traces to 2 documents
12 references not yet in our index
- Pub. L. 112–141, div. B, § 20019
- 126 Stat. 707
- Pub. L. 112–141
- Pub. L. 109–59, title III, § 3025(b)
- 119 Stat. 1622
- Pub. L. 103–272, § 1(d)
- 108 Stat. 826
- Pub. L. 103–429, § 6(11)
- 108 Stat. 4379
- Pub. L. 105–178, title III, § 3023(a)
- 112 Stat. 364
- section 3(a) of Pub. L. 112–141
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§ 5326
Transit asset management
Fed. Reg.×231
C.F.R.×12
Bills×12
Pub. L.×3
Stat. Comp.×3
Stat.×1
U.S.C.×1
Pub. L.Pub. L. 112–141, div. B, § 20019
Stat.126 Stat. 707
Pub. L.Pub. L. 112–141
Pub. L.Pub. L. 109–59, title III, § 3025(b)
Stat.119 Stat. 1622
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