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Bill > H3565


MA H3565

Establishing a federal transit funding maximization fund


summary

Introduced
03/29/2021
In Committee
09/02/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

By Representatives Peake of Provincetown and Straus of Mattapoisett, a petition of Sarah K. Peake and William M. Straus establishing a federal transit funding maximization fund. Transportation.

AI Summary

This bill establishes a federal transit funding maximization fund to increase federal transit urbanized area formula program funding for the Cape Cod Regional Transit Authority and the Southeastern Regional Transit Authority. It allows these authorities to enter into contracts with private transportation providers to report transportation data to the Federal Transit Administration National Transit Database, which will generate additional federal funding. The bill creates an expendable trust fund, the Federal Transit Funding Maximization Fund, to provide compensation to the private transportation providers for their reporting efforts and service enhancements. Up to 25% of the additional federal funds generated will be transferred to the Governor, who will reallocate them to other transit authorities in the state. The authorities and the state must report annually on the program's results and operations.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (2)

Last Action

No further action taken (on 01/03/2023)

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