,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #ahdi  ,,in ,,the ,,house ,,of  
,,representatives  ,march #ba1 #bjai,mr4
 ,malinowski 7for himself1 ,mr4 ,sires1 
,mrs4 ,watson ,coleman1 ,mr4 ,smith of  
,new ,jersey1 ,mr4 ,pallone1 ,mr4       
,pascrell1 ,mr4 ,payne1 ,mr4 ,norcross1 
,mr4 ,van ,drew1 ,mr4 ,kim1 ,mr4        
,gottheimer1 and ,ms4 ,sherrill7        
introduced the following bill2 which was
 referred to the ,committee on          
,transportation and ,infrastructure  ,a 
,,bill  ,to modify the treatment of     
certain loans in consideration for fixed
 guideway capital investment grants1 and
 for other purposes4  #a4 ,short title  
,this ,act may be cited as the          
,transportation ,funding ,fairness ,act4
  #b4 ,treatment of certain loans in    
consideration for fixed guideway capital
 investment grants  7a7 ,in general     
,section #fjc7;b77#h7 of title #bc1     
,united ,states ,code1 is amended to    
read as follows3  7#h7 ,non-,federal    
share  7,a7 ,in general ,a ,state or    

other eligible sponsor may elect to have
 proceeds of a covered loan treated as  
any non-,federal share of project costs 
required under this title or chapter #ec
 of title #di1 if the loan is repayable 
from non-,federal funds4  7,b7 ,covered 
loan ,in this subparagraph1 the term    
covered loan means-- 7i7 a secured loan 
under the ,,tifia program2 and  7ii7 a  
loan issued pursuant to the railroad    
rehabilitation and improvement financing
 program authorized under sections #eja 
through #ejc of the ,railroad           
,revitalization and ,regulatory ,reform 
,act of #aigf 7#de ,u4,s4,c4 #hba-hbc74 
4  7b7 ,special rule for fixed guideway 
capital investment grants ,section      
#ecji7;f7 of title #di1 ,united ,states 
,code1 is amended by adding at the end  
the following3  7#c7 ,special rule for  
proceeds of a covered loan  7,a7 ,in    
general ,in making the determination and
 assessment pursuant to paragraphs 7#a7 
and 7#b71 the ,secretary--  7i7 shall   
treat proceeds of a covered loan that a 

,state has elected to treat as a        
non-,federal share of project costs     
pursuant to section #fjc7;b77#h7 of     
title #bc1 ,united ,states ,code1 as a  
local financial commitment2 and  7ii7   
may not treat any such proceeds as      
non-local sources of capital and        
operating financing4  7,b7 ,covered loan
 ,in this subsection1 the term covered  
loan means--  7i7 a secured loan under  
the ,,tifia program 7as such term is    
defined in section #fja of title #bc1   
,united ,states ,code72 and  7ii7 a loan
 issued pursuant to the railroad        
rehabilitation and improvement financing
 program authorized under sections #eja 
through #ejc of the ,railroad           
,revitalization and ,regulatory ,reform 
,act of #aigf 7#de ,u4,s4,c4 #hba-hbc74 
4