,,ii ,cal5d> ,no4 #eaf #aaf? ,,congress 
#b;d ,session  ,s4 #bhje ,report ,no4   
#aaf-bee ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$
 ,,/ates  ,novemb] #f1 #bjai,mr4 ,wick] 
7= himself1 ,mr4 ,cassidy1 ,ms4         
,duckwor?1 ,ms4 ,coll9s1 ,mr4 ,m>key1   
,mr4 ,re$1 & ,mr4 ,k+7 introduc$ !      
foll[+ bill2 :i* 0 read twice & ref]r$  
to ! ,committee on ,comm]ce1 ,sci5ce1 & 
,transportation  ,augu/ #ab1            
#bjbj,report$ by ,mr4 ,wick]1 )         
amendments,omit ! "p /ruck ?r\gh & ins]t
 ! "p pr9t$ 9 italic  ,a ,,bill  ,to    
improve transit-ori5t$ developm5t       
f9anc+1 & = o!r purposes4  #a4 ,%ort    
title ,?is ,act may be cit$ z ! ,,tod   
,advancem5t ,act ( #bjai4  #b4 ,ext5sion
 ( transit-ori5t$ developm5t loan & loan
 gu>antee au?ority ,section #ejb7;b77#c7
 ( ! ,railroad ,revitalization &        
,regulatory ,re=m ,act ( #aigf 7#de     
,u4,s4,c4 #hbb7;b77#c77 is am5d$ by     
/rik+ only dur+ ! #d-ye> p]iod beg9n+ on
 ,decemb] #d1 #bjae,septemb] #cj1 #bjbj 
& ins]t+ until ,decemb] #d1 #bjba4  #c4 

,eligible purposes ,section             
#ejb7;b77#a77;,e7 ( ! ,railroad         
,revitalization & ,regulatory ,re=m ,act
 ( #aigf 7#de ,u4,s4,c4                 
#hbb7;b77#a77;,e77 is am5d$ to read z   
foll[s3  7,e7 f9ance economic           
developm5t1 includ+ comm]cial &         
resid5tial developm5t1 & relat$         
infra/ructure & activities1 t-- 7i7     
incorporates private inve/m5t ( great]  
?an #bj p]c5t ( total project co/s2     
7ii7 is physically connect$ to1 or is )9
  mile walk+ di/ance f1 a pass5g] rail  
/ation or multimodal /ation t includes  
rail s]vice2  7iii7 has a c]tification f
 ! applicant t ! contract+ process =    
con/ruction w comm5ce n lat] ?an #ij    
days aft] ! date on :i* ! direct loan or
 loan gu>antee is obligat$ = ! project  
"u ?is sub*apt]2 &  7iv7 demon/rates !  
ability to g5]ate new f9ancial assi/ance
 = ! relevant pass5g] rail /ation or    
s]vice by increas+ rid]%ip1 t5ant lease 
paym5ts1 or o!r activities t g5]ate     
rev5ues 9 excess ( co/s4  4  #d4        

,qu>t]ly report on transit-ori5t$       
developm5t eligibility ,n lat] ?an #f   
mon?s aft] ! date ( ! enactm5t ( ?is    
,act1 & e #ij days  #d4 ,semi-annual    
report on transit-ori5t$ developm5t     
eligibility ,n lat] ?an #f mon?s aft] ! 
date ( ! enactm5t ( ?is ,act1 & e #ahj  
days !reaft]1 ! ,secret>y (             
,transportation %all submit a report to 
! ,committee on ,comm]ce1 ,sci5ce1 &    
,transportation ( ! ,s5ate & !          
,committee on ,transportation &         
,infra/ructure ( ! ,h\se (              
,repres5tatives t id5tifies-- 7#a7 !    
numb] ( applications submitt$ to !      
,dep>tm5t ( ,transportation = a direct  
loan or loan gu>antee "u section        
#ejb7;b77#a77;,e7 ( ! ,railroad         
,revitalization & ,regulatory ,re=m ,act
 ( #aigf1 z am5d$ by section #c2  7#b7 !
 numb] ( su* loans or loan gu>antees t 7
 provid$ to applicants2 &  7#c7 = ea*   
su* application1 ! reasons = provid+ or 
decl9+ to provide ! reque/$ loan or loan
 gu>antee4  ,augu/ #ab1 #bjbj,report$ ) 

am5dm5ts