Bill > S2957

This bill increases the percentage of formula grants allocated to small transit intensive cities from 3% to 5% in the United States Code. Specifically, the bill modifies Section 5336(h)(3), which governs the distribution of transit funding. Formula grants are a type of federal financial assistance that provide funds to local transit agencies based on predetermined criteria such as population size, service area, and transit ridership. By raising the percentage from 3% to 5%, the bill aims to provide more financial support to smaller cities with high-intensity transit systems, potentially helping these communities improve and expand their public transportation infrastructure. The bill is relatively straightforward, making a single, targeted change to existing transportation funding regulations to benefit smaller urban transit systems.

Housing and Urban Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/2957/all-info