,,ii ,calendar ,no4 #eaf #aafth         
,,congress  #b;d ,session  ,s4 #bhje    
,report ,no4 #aaf-bee ,,in ,,the        
,,senate ,,of ,,the ,,united ,,states   
,november #f1 #bjai,mr4 ,wicker 7for    
himself1 ,mr4 ,cassidy1 ,ms4 ,duckworth1
 ,ms4 ,collins1 ,mr4 ,markey1 ,mr4      
,reed1 and ,mr4 ,king7 introduced the   
following bill2 which was read twice and
 referred to the ,committee on          
,commerce1 ,science1 and ,transportation
  ,august #ab1 #bjbj,reported by ,mr4   
,wicker1 with amendments,omit the part  
struck through and insert the part      
printed in italic  ,a ,,bill  ,to       
improve transit-oriented development    
financing1 and for other purposes4  #a4 
,short title ,this ,act may be cited as 
the ,,tod ,advancement ,act of #bjai4   
#b4 ,extension of transit-oriented      
development loan and loan guarantee     
authority ,section #ejb7;b77#c7 of the  
,railroad ,revitalization and           
,regulatory ,reform ,act of #aigf 7#de  
,u4,s4,c4 #hbb7;b77#c77 is amended by   

striking only during the #d-year period 
beginning on ,december #d1              
#bjae,september #cj1 #bjbj and inserting
 until ,december #d1 #bjba4  #c4        
,eligible purposes ,section             
#ejb7;b77#a77;,e7 of the ,railroad      
,revitalization and ,regulatory ,reform 
,act of #aigf 7#de ,u4,s4,c4            
#hbb7;b77#a77;,e77 is amended to read as
 follows3  7,e7 finance economic        
development1 including commercial and   
residential development1 and related    
infrastructure and activities1 that--   
7i7 incorporates private investment of  
greater than #bj percent of total       
project costs2  7ii7 is physically      
connected to1 or is within  mile walking
 distance from1 a passenger rail station
 or multimodal station that includes    
rail service2  7iii7 has a certification
 from the applicant that the contracting
 process for construction will commence 
not later than #ij days after the date  
on which the direct loan or loan        
guarantee is obligated for the project  

under this subchapter2 and  7iv7        
demonstrates the ability to generate new
 financial assistance for the relevant  
passenger rail station or service by    
increasing ridership1 tenant lease      
payments1 or other activities that      
generate revenues in excess of costs4  4
  #d4 ,quarterly report on              
transit-oriented development eligibility
 ,not later than #f months after the    
date of the enactment of this ,act1 and 
every #ij days  #d4 ,semi-annual report 
on transit-oriented development         
eligibility ,not later than #f months   
after the date of the enactment of this 
,act1 and every #ahj days thereafter1   
the ,secretary of ,transportation shall 
submit a report to the ,committee on    
,commerce1 ,science1 and ,transportation
 of the ,senate and the ,committee on   
,transportation and ,infrastructure of  
the ,house of ,representatives that     
identifies-- 7#a7 the number of         
applications submitted to the           
,department of ,transportation for a    

direct loan or loan guarantee under     
section #ejb7;b77#a77;,e7 of the        
,railroad ,revitalization and           
,regulatory ,reform ,act of #aigf1 as   
amended by section #c2  7#b7 the number 
of such loans or loan guarantees that   
were provided to applicants2 and  7#c7  
for each such application1 the reasons  
for providing or declining to provide   
the requested loan or loan guarantee4   
,august #ab1 #bjbj,reported with        
amendments