U.S. Congress - S.909 Private Investment in Commuter Vanpooling Act of 2011
S.909 - Private Investment in Commuter Vanpooling Act of 2011
A bill to amend title 49, United States Code, to permit certain revenues of private providers of public transportation by vanpool received from providing public transportation to be used for the purpose of acquiring rolling stock, and to permit certain expenditures of private vanpool contractors to be credited toward the local matching share of the costs of public transportation projects, and for other purposes. view all titles (2)
All Bill Titles
- Official: A bill to amend title 49, United States Code, to permit certain revenues of private providers of public transportation by vanpool received from providing public transportation to be used for the purpose of acquiring rolling stock, and to permit certain expenditures of private vanpool contractors to be credited toward the local matching share of the costs of public transportation projects, and for other purposes. as introduced.
- Short: Private Investment in Commuter Vanpooling Act of 2011 as introduced.
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Official Summary
5/5/2011--Introduced.Private Investment in Commuter Vanpooling Act of 2011 - Allows the local matching share of the cost of a public transportation capital project to include expenditures by a private commuter vanpooling service provider to acquire rolling stock (vans). Authorizes such a pOfficial Summary
5/5/2011--Introduced.Private Investment in Commuter Vanpooling Act of 2011 - Allows the local matching share of the cost of a public transportation capital project to include expenditures by a private commuter vanpooling service provider to acquire rolling stock (vans). Authorizes such a private provider to use vanpool revenues exceeding operating costs to acquire such vans, if there is a binding agreement requiring the vans to be used in the state or local government's service area....Read the Rest
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