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Bus Rolling Stock Modernization Act of 2024
3/29/2024, 8:08 AM
Summary of Bill S 3924
Bill 118 s 3924, also known as the Bus Rolling Stock Modernization Act of 2024, is a piece of legislation introduced in the US Congress with the aim of modernizing and improving the bus transportation system in the country. The bill focuses on updating the rolling stock, which refers to the vehicles used in public transportation, specifically buses.
The main goals of the Bus Rolling Stock Modernization Act of 2024 include improving the safety, efficiency, and environmental sustainability of bus transportation. The bill proposes funding for the replacement and upgrade of aging buses with newer, more technologically advanced models that meet higher safety standards. This includes implementing features such as automatic braking systems, collision avoidance technology, and improved accessibility for individuals with disabilities.
Additionally, the bill aims to reduce emissions and promote environmental sustainability by incentivizing the use of electric and low-emission buses. This includes funding for the development of charging infrastructure and the purchase of electric buses to replace older, more polluting models. Overall, the Bus Rolling Stock Modernization Act of 2024 seeks to modernize the bus transportation system in the United States to make it safer, more efficient, and more environmentally friendly. The bill is currently being debated in Congress, with bipartisan support for its goals of improving public transportation infrastructure.
The main goals of the Bus Rolling Stock Modernization Act of 2024 include improving the safety, efficiency, and environmental sustainability of bus transportation. The bill proposes funding for the replacement and upgrade of aging buses with newer, more technologically advanced models that meet higher safety standards. This includes implementing features such as automatic braking systems, collision avoidance technology, and improved accessibility for individuals with disabilities.
Additionally, the bill aims to reduce emissions and promote environmental sustainability by incentivizing the use of electric and low-emission buses. This includes funding for the development of charging infrastructure and the purchase of electric buses to replace older, more polluting models. Overall, the Bus Rolling Stock Modernization Act of 2024 seeks to modernize the bus transportation system in the United States to make it safer, more efficient, and more environmentally friendly. The bill is currently being debated in Congress, with bipartisan support for its goals of improving public transportation infrastructure.
Congressional Summary of S 3924
Bus Rolling Stock Modernization Act of 2024
This bill allows a state or local authority (e.g., a transit authority) to use public transportation grants to make a partial advance payment for bus rolling stock (e.g., transit buses).
Specifically, a public transportation grant recipient may use grant funds to make an advance payment of not more than 20% of the total purchase order value of a bus rolling stock vehicle without obtaining preapproval or requiring the vehicle manufacturer to provide a performance bond (or other form of security). In order to make an advance payment, the recipient must meet certain requirements. For example, the recipient must have a signed purchase order and an executed contract with a vehicle manufacturer that includes advance payment provisions.
Read the Full Bill
Current Status of Bill S 3924
Bill S 3924 is currently in the status of Bill Introduced since March 12, 2024. Bill S 3924 was introduced during Congress 118 and was introduced to the Senate on March 12, 2024. Bill S 3924's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 12, 2024
Bipartisan Support of Bill S 3924
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
9Democrat Cosponsors
3Republican Cosponsors
6Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3924
Primary Policy Focus
Transportation and Public WorksAlternate Title(s) of Bill S 3924
Bus Rolling Stock Modernization Act of 2024
Bus Rolling Stock Modernization Act of 2024
A bill to establish limitations on advanced payments for bus rolling stock, and for other purposes.
A bill to establish limitations on advanced payments for bus rolling stock, and for other purposes.
Comments
Sponsors and Cosponsors of S 3924
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