USRC Funding Eligibility Act

Summary#

This bill makes the Union Station Redevelopment Corporation (USRC) eligible to receive several federal transportation and infrastructure grants. It names the USRC as an eligible recipient for the BUILD grant program (formerly RAISE). It also amends several sections of title 49 of the U.S. Code to add the USRC as an eligible entity for the National Infrastructure Project Assistance program, the Consolidated Rail Infrastructure and Safety Improvement (CRISI) program, and the Federal-State Partnership for Intercity Passenger Rail program. For awards to the USRC under those specified programs, the bill sets the Federal share at 100 percent.

What it means for you#

• If you are the USRC: the corporation can apply for and receive those listed federal grants and may receive the full federal share specified.
• If you are a local agency or project partner: the USRC will be formally eligible for these federal programs; the bill text does not describe how awards will be prioritized or how competition for funds will change.
• If you are a member of the public: the bill changes eligibility and federal matching rules for one named entity. No details about project selection or local impacts are included in the bill text.

Expenses#

The bill sets the Federal share at 100 percent for grants awarded to the USRC under the listed programs. The bill text does not include any estimates of total cost, budget impact, or appropriations. No publicly available information on total federal cost or budgetary effects is provided in the bill text or metadata.

Proponents' View#

No publicly available information in the bill text about proponents' stated reasons or arguments for the bill.

Opponents' View#

No publicly available information in the bill text about opponents' stated reasons or arguments against the bill.