,i  #aah? ,,congress  #b;d ,session  ,h4
 ,r4 #ifeb  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,septemb] #ah1        
#bjbd,mr4 ,de,saulnier introduc$ !      
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,transportation &         
,infra/ructure1 & 9 addition to !       
,committees on ,ways & ,means1          
,education & ! ,work=ce1 & ,en]gy &     
,comm]ce1 = a p]iod to be subsequ5tly   
det]m9$ by ! ,speak]1 9 ea* case =      
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$  ,a
 ,,bill  ,to inc5tivize innovative      
transportation corridors to r$uce c>bon 
& ,,ghg emissions1 to provide a tax     
/ructure t all[s = c]ta9 inve/m5ts 9    
public transportation sy/ems1 & to      
enable ! fossil fuel work=ce to         
transition to su/a9able "w sectors4  #a4
 ,%ort title ,?is ,act may be cit$ z !  
,jobs = a ,c>bon ,free ,transportation  
,sy/em ,act4  ,i ,l[ ,c>bon ,corridors  
#b4 ,l[ c>bon corridor grant program    
7a7 ,l[ c>bon corridor def9$ ,9 ?is     

section1 ! t]m l[ c>bon corridor means a
 connect$ sy/ems-managem5t corridor t   
connects diff]5t me?ods (               
transportation1 includ+ public          
transportation sy/ems1 rail             
transportation1 roadways1 & alt]native  
me?ods ( transportation4  7b7           
,e/abli%m5t ,! ,secret>y (              
,transportation %all e/abli% a program  
to provide grants to eligible entities  
to c>ry out projects to develop l[ c>bon
 corridors4 ,! purpose ( su* projects   
%all be to-- 7#a7 l[] c>bon emissions   
along ! corridor2  7#b7 increase        
transportation int]-connectivity2 &     
7#c7 increase transportation            
infra/ructure re9ve/m5t4  7c7 ,eligible 
entities ,! ,secret>y may aw>d grants "u
 ! program to a ,/ate1 local1 or tribal 
gov]nm5t1 or a subdivision !re(1 or a   
metropolitan plann+ organization4  7d7  
,eligible uses ,funds provid$ "u ?is    
section may be us$ to incorporate l[    
c>bon & inve/m5t me*anisms into l[ c>bon
 corridors1 includ+-- 7#a7 high         

occupancy vehicle lanes2  7#b7 value    
capture2  7#c7 transit-ori5t$ developm5t
 & high-d5sity developm5t2  7#d7 c>bon  
fees2  7#e7 automat$ vehicle or electric
 vehicle lanes t are tim$ & connect$ to 
a transit sy/em2  7#f7 ,sm>t ,cities    
connectivity & innovation2  7#g7        
high-spe$ rail2 &  7#h7 facilities =    
alt]native modes ( transportation1      
includ+ p$e/rian & bicycle facilities4  
7e7 ,labor requirem5ts  7#a7 ,9 g5]al ,a
 project c>ri$ out ) a grant "u !       
program %all be subject to ! provisions 
( ea* ( ! foll[+3 7,a7 ,sub*apt] ,,iv ( 
*apt] #ca ( title #dj 7commonly kn[n z !
 ,davis-,bacon ,act74  7,b7 ,*apt] #fe (
 title #da1 ,unit$ ,/ates ,code         
7commonly kn[n z ! ,wal%-,healy ,act74  
7,c7 ,*apt] #fg ( title #da1 ,unit$     
,/ates ,code 7commonly kn[n z !         
,mc,namara-,o',h>a ,s]vice ,contract    
,act ( #aife74  7,d7 ,*apt] #cg ( title 
#dj1 ,unit$ ,/ates ,code 7commonly kn[n 
z ! ,"w ,h\rs & ,safety ,/&>ds ,act74   
7,e7 ,fair ,labor ,/&>ds ,act ( #aich   

7#bi ,u4,s4,c4 #bja et seq474  7#b7     
,au?orities ( ! ,secret>y ,) respect to 
! labor /&>ds 9 ?is subsection1 !       
,secret>y ( ,labor %all h ! au?ority &  
functions set =? 9 ,reorganization ,plan
 ,numb]$ #ad ( #aiej 7#fd ,/at4 #abfg2  
#e ,u4,s4,c4 ,app47 & section #cade (   
title #dj1 ,unit$ ,/ates ,code1 z       
applicable4  7f7 ,/rategic p>tn]%ips ,a 
recipi5t ( a grant "u ! program may ent]
 into /rategic p>tn]%ips ) nonpr(it     
organizations or univ]sities to develop 
plans = l[ c>bon corridors4  7g7 ,,dot &
 ,,epa b5*m>ks ,! ,secret>y (           
,transportation & ! ,adm9i/rator ( !    
,environm5tal ,protection ,ag5cy %all   
jo9tly monitor h[ l[ c>bon corridors )  
respect to :i* grants 7 provid$ "u ?is  
section r$uce c>bon emissions & h[ any  
me*anisms describ$ 9 subsection 7d7     
incorporat$ into su* corridor contribute
 to c>bon emission r$uctions4  7h7 ,use 
( ,am]ican products  7#a7 ,9 g5]al ,a   
recipi5t ( funds "u ?is section %all    
ensure t any iron1 /eel1 & manufactur$  

products us$ 9 projects c>ri$ out ) su* 
funds are produc$ 9 ! ,unit$ ,/ates4    
7#b7 ,waiv] au?ority  7,a7 ,9 g5]al ,!  
,secret>y may waive ! requirem5t (      
p>agraph 7#a7 if ! ,secret>y det]m9es   
t-- 7i7 apply+ p>agraph 7#a7 w\ld be    
inconsi/5t ) ! public int]e/2  7ii7     
iron1 /eel1 & manufactur$ products      
produc$ 9 ! ,unit$ ,/ates are n produc$ 
9 a suffici5t & reasonably available    
am\nt or are n ( a satisfactory quality2
 or  7iii7 us+ iron1 /eel1 & manufactur$
 products produc$ 9 ! ,unit$ ,/ates w   
increase ! co/ ( ! ov]all project by m  
?an #be p]c5t4  7,b7 ,publication ,be=e 
issu+ a waiv] "u subp>agraph 7,a71 !    
,secret>y %all publi% 9 ! ,f$]al ,regi/]
 a detail$ writt5 explanation ( ! waiv] 
det]m9ation4  7#c7 ,consi/5cy )         
int]national agreem5ts ,?is subsection  
%all be appli$ 9 a mann] consi/5t ) !   
obligations ( ! ,unit$ ,/ates "u        
int]national agreem5ts4  7#d7           
,def9itions ,9 ?is subsection3 7,a7     
,produc$ 9 ! ,unit$ ,/ates ,! t]m       

produc$ 9 ! ,unit$ ,/ates means !       
foll[+3 7i7 ,:5 us$ ) respect to a      
manufactur$ product1 ! product 0        
manufactur$ 9 ! ,unit$ ,/ates & ! co/ ( 
! compon5ts ( su* product t 7 m9$1      
produc$1 or manufactur$ 9 ! ,unit$      
,/ates exce$s #fj p]c5t ( ! total co/ ( 
all compon5ts ( ! product4  7ii7 ,:5 us$
 ) respect to iron or /eel products1 or 
an individual compon5t ( a manufactur$  
product1 all manufactur+ processes = su*
 iron or /eel products or compon5ts1 f !
 initial melt+ /age ?r\gh ! application 
( coat+s1 occurr$ 9 ! ,unit$ ,/ates1    
except t ! t]m does n include-- 7,i7    
/eel or iron mat]ial or products        
manufactur$ abroad f semi-f9i%$ /eel or 
iron f ! ,unit$ ,/ates2 &  7,,ii7 /eel  
or iron mat]ial or products manufactur$ 
9 ! ,unit$ ,/ates f semi-f9i%$ /eel or  
iron ( =eign orig94  7,b7 ,manufactur$  
product ,! t]m manufactur$ product means
 any con/ruction mat]ial or end product 
7z su* t]ms are def9$ 9 "p #be4jjc ( !  
,f$]al ,acquisition ,regulation7 t is n 

an iron or /eel product1 includ+-- 7i7  
electrical compon5ts2 &  7ii7 non-f]r\s 
build+ mat]ials1 includ+1 alum9um &     
polyv9yl*loride 7,,pvc71 glass1 fib]    
optics1 pla/ic1 wood1 masonry1 rubb]1   
manufactur$ /one1 any o!r non-f]r\s     
metals1 & any unmanufactur$ con/ruction 
mat]ial4  ,,ii ,value ,capture  #c4     
,def9itions ,9 ?is title3 7#a7 ,af=dable
 transit-ori5t$ developm5t ,! t]m       
af=dable transit-ori5t$ developm5t means
 developm5t ( comm]cial & resid5tial    
areas locat$ ne> public transportation  
/ations t promotes af=dable h\s+ &      
af=dable comm]cial space4  7#b7 ,captur$
 assess$ value ,! t]m captur$ assess$   
value means ! am\nt1 z a p]c5tage or    
/at$ sum1 ( increas$ assess$ value t is 
utiliz$ f ye> to ye> to f9ance project  
co/s pursuant to ! di/rict /rategic     
plan4  7#c7 ,curr5t assess$ value ,! t]m
 curr5t assess$ value means ! assess$   
value ( all taxable real prop]ty )9 a   
tax increm5t di/rict z ( ,octob] fir/ ( 
ea* ye> t ! tax increm5t di/rict rema9s 

9 effect4  7#d7 ,f9ancial plan ,! t]m   
f9ancial plan means a /atem5t ( !       
project co/s & s\rces ( rev5ue requir$  
to accompli% ! di/rict /rategic plan4   
7#e7 ,increas$ assess$ value ,! t]m     
increas$ assess$ value means ! valuation
 am\nt by :i* ! curr5t assess$ value ( a
 tax increm5t di/rict exce$s ! orig9al  
assess$ value ( ! tax increm5t di/rict4 
,if ! curr5t assess$ value is equal to  
or less ?an ! orig9al assess$ value1 !re
 is no increas$ assess$ value4  7#f7    
,local gov]nm5t ,! t]m local gov]nm5t   
means-- 7,a7 any c\nty1 city1 t[n1      
t[n%ip1 p>i%1 village1 or o!r g5]al     
purpose political subdivision ( a ,/ate2
 &  7,b7 any comb9ation ( political     
subdivisions or appropriate gov]nm5t    
entities includ+ special assessm5t      
di/ricts4  7#g7 ,nom9at$ area ,! t]m    
nom9at$ area means an area :i* is       
nom9at$ by #a or m local gov]nm5ts & !  
,/ate or ,/ates 9 :i* x is locat$ =     
designation "u section #g4  7#h7        
,orig9al assess$ value ,! t]m orig9al   

assess$ value means ! assess$ value (   
all taxable real prop]ty )9 a tax       
increm5t di/rict z ( ,octob] fir/ ( !   
tax ye> prec$+ ! ye> 9 :i* ! tax        
increm5t di/rict 0 e/abli%$ by ! ,/ate  
or local gov]nm5t4  7#i7 ,public        
,transportation ,! t]m public           
transportation has ! mean+ giv5 ! t]m 9 
section #ecjb ( title #di1 ,unit$ ,/ates
 ,code4  7#aj7 ,tax increm5t ,! t]m tax 
increm5t means capital ga9 taxes assess$
 by ! ,f$]al ,gov]nm5t ^u ! increas$    
assess$ value ( prop]ty 9 ! tax increm5t
 di/rict4  7#aa7 ,tax increm5t di/rict  
,! t]m tax increm5t di/rict means t area
 :olly )9 ! corporate limits ( a        
municipality t has be5 e/abli%$ &       
designat$ 9 accordance to section #g4   
#d4 ,value capture policy & plann+      
program  7a7 ,9 g5]al ,*apt] #ec ( title
 #di1 ,unit$ ,/ates ,code1 is am5d$ by  
add+ at ! end ! foll[+3  #ecda4         
,te*nical assi/ance & value capture     
policy  7a7 ,te*nical assi/ance & policy
 developm5t  7#a7 ,te*nical assi/ance ,!

 ,secret>y may make grants to ,/ates &  
local gov]nm5ts to-- 7,a7 develop ,/ate 
& local value capture me*anisms =       
long-t]m fund+ t promote mobility1      
public transportation1 & af=dable       
transit-ori5t$ developm5t2  7,b7 improve
 public transportation & mobility =     
individuals2 &  7,c7 develop /rategic   
p>tn]%ips t lead to great] long-t]m &   
robu/ inve/m5ts 9 public transportation1
 mobility1 inclusive economic           
developm5t1 & af=dable transit-ori5t$   
developm5t4  7#b7 ,value capture policy 
,n lat] ?an ,octob] #a ( ! fiscal ye> t 
beg9s #b ye>s aft] ! date ( enactm5t (  
?is section1 ! ,secret>y1 9             
collaboration ) ,/ate dep>tm5ts (       
transportation1 metropolitan plann+     
organizations1 & regional gov]nm5ts1    
%all e/abli% volunt>y value capture     
/&>ds = value capture me*anisms t       
promote great] inve/m5ts into public    
transportation & af=dable transit-ori5t$
 developm5t4  7#c7 ,te*nical assi/ance  
,! ,secret>y1 ?r\gh a competitive bid   

process1 may ent] into contracts1       
coop]ative agreem5ts1 & o!r agreem5ts ) 
nonpr(it organizations t h a demon/rat$ 
capacity to provide value capture-relat$
 te*nical assi/ance to grant recipi5ts4 
7b7 ,report ,n lat] ?an #ae mon?s aft] !
 date ( enactm5t ( ?is section1 !       
,secret>y %all create a report1 & make  
su* report available to ! public1 t     
conta9s examples ( ,/ate & local law &  
policy t provide = value capture t      
promotes great] inve/m5t 9 public       
transportation & af=dable transit-ori5t$
 developm5t4  7c7 ,be/ practices ,bas$  
on ! report requir$ "u subsection 7b71 !
 ,secret>y %all id5tify & dissem9ate to 
,/ate dep>tm5ts ( transportation1 !     
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs1 ,committee on ,f9ance1        
,committee on ,environm5t & ,public     
,works1 & ! ,committee on               
,appropriations ( ! ,s5ate1 & !         
,committee on ,transportation &         
,infra/ructure1 ,committee on ,ways &   
,means1 & ! ,committee on               

,appropriations ( ! ,h\se (             
,repres5tatives examples ( be/ practices
 :]e ,/ates & local gov]nm5ts h adopt$  
value capture me*anisms t h successfully
 provid$ = great] inve/m5t 9 public     
transportation & af=dable transit-ori5t$
 developm5t4  7d7 ,def9itions ,9 ?is    
section3 7#a7 ,value capture ,! t]m     
value capture means collect+ f an entity
 a portion ( ! economic value creat$ by 
gov]nm5t inve/m5ts1 activities1 &       
policies t h g5]at$ alt]native rev5ue   
/reams1 assets1 or o!r f9ancial value & 
repurpos+ su* economic value to assi/ 9 
fund+ gov]nm5t inve/m5ts & activities4  
7#b7 ,af=dable transit-ori5t$ developm5t
 ,! t]m af=dable transit-ori5t$         
developm5t means developm5t ( comm]cial 
& resid5tial areas locat$ ne> public    
transportation /ations t promotes       
af=dable h\s+ & af=dable comm]cial      
space4  7#c7 ,local gov]nm5t ,! t]m     
local gov]nm5t means-- 7,a7 any c\nty1  
city1 t[n1 t[n%ip1 p>i%1 village1 or o!r
 g5]al purpose political subdivision ( a

 ,/ate2 &  7,b7 any comb9ation (        
political subdivisions or appropriate   
gov]nm5t entities includ+ special       
assessm5t di/ricts4  7#d7 ,public       
,transportation ,! t]m public           
transportation has ! mean+ giv5 ! t]m 9 
section #ecjb ( title #di1 ,unit$ ,/ates
 ,code4  4  7b7 ,cl]ical am5dm5t ,!     
analysis = *apt] #ec ( title #di1 ,unit$
 ,/ates ,code1 is am5d$ by add+ at ! end
 ! foll[+3  #ecda4 ,te*nical assi/ance &
 value capture policy4  4  #e4          
,designation ( ,f$]al value capture tax 
increm5t f9anc+ di/ricts  7a7 ,9 g5]al  
,f among ! eligible areas nom9at$ =     
designation "u ?is section1 ! ,secret>y 
( ,transportation %all designate ,f$]al 
tax increm5t f9anc+ di/ricts to help    
,/ate & local gov]nm5t f9ance ! co/ =   
c]ta9 improvem5ts & inve/m5t 9 public   
transportation1 af=dable h\s+1 & o!r    
community developm5t activities 9 an    
eligible area4  7b7 ,numb] (            
designations ,! ,secret>y (             
,transportation may annually designate  

nom9at$ areas z a ,f$]al value capture  
tax increm5t f9anc+ di/rict "u ?is      
section4  7c7 ,p]iod = :i* designation  
is 9 effect  7#a7 ,9 g5]al ,any         
designation "u ?is section %all rema9 9 
effect dur+ ! p]iod beg9n+ on ! date ( !
 designation & end+ on ! e>lie/ (-- 7,a7
 ,decemb] #ca1 #bjcj2  7,b7 ! t]m9ation 
date designat$ by ! ,/ate & local       
gov]nm5ts z provid$ = 9 a nom9ation2 or 
7,c7 ! date on :i* ! ,secret>y revokes !
 designation4  7#b7 ,revocation (       
designation ,if appropriate1 ! ,secret>y
 may revoke ! designation "u ?is section
 ( an area if su* ,secret>y det]m9es t !
 local gov]nm5t or ! ,/ate 9 :i* x is   
locat$-- 7,a7 has modifi$ ! b\nd>ies ( !
 area2 or  7,b7 is n comply+            
sub/antially )1 or fails to make        
progress 9 a*iev+ ! b5*m>ks set =? 9    
section #d4  7d7 ,limitations on        
designations ,no area may be designat$  
"u ?is section unless-- 7#a7 ! area is  
nom9at$ by #a or m local gov]nm5ts & !  
,/ate or ,/ates 9 :i* x is locat$ =     

designation "u ?is section2  7#b7 su*   
,/ate or ,/ates & ! local gov]nm5ts h ! 
au?ority-- 7,a7 to nom9ate ! area =     
designation "u ?is section2 &  7,b7 meet
 ! ,f$]al requirem5ts describ$ 9 ?is    
title2  7#c7 su* ,/ate or ,/ates & !    
local gov]nm5ts meet ! ,f$]al value     
capture policy /&>ds z describ$ 9       
section #d2  7#d7 ! ,secret>y det]m9es t
 any in=mation furni%$ is reasonably    
accurate2 &  7#e7 su* ,/ate or ,/ates & 
local gov]nm5ts c]tify t no portion ( ! 
area nom9at$ is already includ$ 9 a     
,f$]al tax increm5t f9anc+ di/rict1 an  
infra/ructure value capture zone1 or 9  
an area o!rwise nom9at$ to be designat$ 
"u ?is section4  7e7 ,application ,an   
eligible applicant %all submit to !     
,secret>y an application t at m9imum    
conta9s-- 7#a7 a tax increm5t f9anc+    
di/rict /rategic plan1 includ+-- 7,a7 ! 
b\nd>ies ( ! tax increm5t di/rict by    
legal description2  7,b7 a li/ ( ! tax  
id5tification numb]s = all lots or      
p>cels )9 ! tax increm5t di/rict2  7,c7 

a description ( ! pres5t condition &    
uses ( all l& & build+s )9 ! tax        
increm5t di/rict2  7,d7 a description ( 
! public facilities1 improvem5ts or     
programs )9 ! tax increm5t di/rict      
anticipat$ to be add$ & f9anc$ 9 :ole or
 9 "p2  7,e7 a description ( !          
indu/rial1 comm]cial1 resid5tial1       
mix$-use or retail improvem5ts1 d[nt[n  
developm5t or transit-ori5t$ developm5t 
)9 ! tax increm5t di/rict anticipat$ to 
be f9anc$ 9 :ole or 9 "p2  7,f7 a       
f9ancial plan 9 accordance ) subsection 
7c7 ( ?is section2  7,g7 a plan = !     
propos$ ma9t5ance & op]ation ( ! tax    
increm5t di/rict aft] ! plann$ capital  
improvem5ts are complet$2 &  7,h7 !     
maximum duration ( ! tax increm5t       
di/rict1 :i* may n exce$ a total ( ?irty
 tax ye>s beg9n+ ) ! tax ye> 9 :i* ! tax
 increm5t di/rict is e/abli%$2 &  7#b7 a
 f9ancial plan = a tax increm5t f9anc+  
/rategic plan1 includ+-- 7,a7 co/       
e/imates = ! public improvem5ts &       
developm5ts anticipat$ 9 ! di/rict      

/rategic plan2  7,b7 ! maximum am\nt (  
indebt$ness to be incurr$ to implem5t ! 
di/rict /rategic plan2  7,c7 s\rces (   
anticipat$ rev5ues2  7,d7 a description 
( ! t]ms & conditions ( any agreem5ts1  
includ+ any anticipat$ assessm5t        
agreem5ts1 contracts or o!r obligations 
relat$ to ! di/rict /rategic plan2  7,e7
 e/imates ( increas$ assess$ values ( ! 
tax increm5t di/rict2 &  7,f7 ! portion 
( ! increas$ assess$ values to be appli$
 to ! di/rict /rategic plan z captur$   
assess$ values & result+ tax increm5ts 9
 ea* ye> ( ! plan4  #f4 ,eligibility    
crit]ia ,a nom9at$ area %all be eligible
 = designation "u section #e only if !  
appropriate ,/ate or local gov]nm5t or  
ag5cy-- 7#a7 designates a contigu\s area
 )9 its jurisdiction z a transit-ori5t$ 
developm5t or transit-s]ve corridor2 &  
7#b7 has creat$ a tax increm5t f9anc+   
di/rict or o!r value capture t meet !   
value capture /&>ds z describ$ 9 section
 #d4  #g4 ,value capture tax increm5t   
f9anc+ di/ricts2 special rule = capital 

ga9s  7a7 ,9 g5]al ,! ,secret>y ( !     
,treasury 7or ! ,secret>y's delegate71  
aft] consultation ) ! ,secret>y (       
,transportation1 %all1 ) respect to     
designat$ ,f$]al value capture tax      
increm5t f9anc+ di/ricts z describ$ 9   
section #e-- 7#a7 e/abli% a proc$ure to 
c]tify ! orig9al assess$ value ( !      
,f$]al capital ga9 taxes )9 ! b\nd>ies (
 a ,f$]al value capture tax increm5t    
f9anc+ di/rict1  7#b7 9 ea* ye> aft] !  
e/abli%m5t ( a ,f$]al value capture tax 
increm5t f9anc+ di/rict1 c]tify )       
respect to su* di/rict ! am\nt (-- 7,a7 
! assess$ value ( capital ga9s collect$1
  7,b7 ! am\nt by :i* ! curr5t assess$  
value has increas$ or decreas$ f !      
orig9al assess$ value1 subject to any   
assessm5t agreem5ts1 &  7,c7 ! am\nt ( !
 captur$ assess$ value1 &  7#c7 conduct 
su* analysis z is necess>y to det]m9e ! 
maximum am\nt available ( ,f$]al        
gu>antees ( qualifi$ transit-ori5t$     
developm5t bonds1 b n to exce$ an annual
 am\nt to be det]m9$ by ! ,secret>y4    

7b7 ,f$]al value capture tax increm5t   
f9anc+ di/rict ,= purposes ( ?is        
section1 ! t]m ,f$]al value capture tax 
increm5t f9anc+ di/rict means a t>get$  
r$evelopm5t area )9 a municipality1     
c\nty1 or o!r gov]nm5t entity1 f :i* all
 or a portion ( project$ future prop]ty 
tax rev5ue increases is tempor>ily      
d$icat$ to f9ance infra/ructure         
improvem5ts 7or o!r inve/m5ts7 ) !      
objective ( /imulat+ economic           
developm5t4  7c7 ,rulemak+ & regulations
 ,n lat] ?an #a ye> aft] ! date (       
enactm5t ( ?is ,act1 ! ,secret>y ( !    
,treasury %all issue su* rules or       
regulations z may be necess>y or        
appropriate to c>ry out ! purposes ( ?is
 section4  7d7 ,notification to         
,congress ,at lea/ #cj days be=e issu+ a
 lett] ( int5t = e/abli%m5t ( a ,f$]al  
value capture tax increm5t di/rict1 !   
,secret>y ( ! ,treasury %all notify 9   
writ+ ! ,committee on ,bank+1 ,h\s+1 &  
,urban ,affairs1 ! ,committee on        
,f9ance1 ,committee on ,environm5t &    

,public ,works & ! ,committee on        
,appropriations ( ! ,s5ate & !          
,committee on ,transportation &         
,infra/ructure1 ,committee on ,ways &   
,means1 & ! ,committee on               
,appropriations ( ! ,h\se (             
,repres5tatives ( ! designat$ ,f$]al    
value capture tax increm5t di/ricts4 ,! 
,secret>y %all include ) ! notification 
a copy ( ! nom9ation application &      
designation z well z ! evaluations &    
rat+s = ea* designation4  7e7 ,assessm5t
 agreem5t ,= purposes ( ?is section1 !  
t]m assessm5t agreem5t means an agreem5t
 t e/abli%es1 ) respect to a ,f$]al     
value capture tax increm5t f9anc+       
di/rict-- 7#a7 ! tax base1  7#b7 ! am\nt
 ( increas$ tax collections to be       
d$icat$ to su* di/rict1  7#c7 proc$ures 
= collect+ funds1 &  7#d7 approv$ uses =
 funds4  #h4 ,expansion ( long-t]m local
 fund+ = public infra/ructure & af=dable
 transit-ori5t$ developm5t  7a7 ,9 g5]al
 ,subp>t ,a ( "p ,,iv ( sub*apt] ,b (   
*apt] #a ( ! ,int]nal ,rev5ue ,code (   

#aihf is am5d$ by add+ at ! end ! foll[+
 new section3  #adg;,a4 ,qualifi$       
transit-ori5t$ developm5t bonds  7a7 ,9 
g5]al ,9 ?is section1 ! t]m qualifi$    
transit-ori5t$ developm5t bond means any
 private activity bond issu$ z "p ( an  
issue = ! purposes ( ! acquisition1     
con/ruction1 recon/ruction1 or          
improvem5t ( l& or prop]ty t is )9 "o   
half-mile ( an exi/+ or plann$ major    
public transportation facility includ+  
fix$-guideway transit /ations 7rail &   
bus rapid transit71 designat$ ,high     
,spe$ ,rail or exi/+ int]city rail      
/ations1 or an int]modal transportation 
/ation4  7b7 ,a bond %all n be treat$ z 
a qualifi$ transit-ori5t$ developm5t    
bond unless ! issue describ$ 9          
subsection 7a7 is issu$ pursuant to     
relevant local gov]nm5t-adopt$ policies1
 z det]m9$ by ! ,secret>y1 t-- 7#a7     
promote long-t]m af=dable h\s+ or       
af=dable comm]cial spaces1  7#b7 promote
 high-d5sity1 mix$-use developm5t ne>   
public transportation /ations1  7#c7    

enc\rage value capture & value %>+ t    
promotes great] inve/m5t 9 public       
transportation & af=dable transit-ori5t$
 developm5t1 includ+ any /rategy        
develop$ "u section #ecda1  7#d7 !      
paym5t ( ! pr9cipal & int]e/ on su*     
issue is prim>ily secur$ by taxes (     
g5]al applicability impos$ by a g5]al   
purpose gov]nm5tal unit1  7#e7 a #be to 
#ej p]c5t increase1 z det]m9$ by !      
,secret>y1 9 real prop]ty tax rev5ues   
7attributable to increases 9 assess$    
value7 by reason ( ! c>ry+ out ( su*    
purposes 9 su* area is res]v$           
exclusively = debt s]vice on su* issue  
7& simil> issues7 to ! ext5t su*        
increase does n exce$ su* debt s]vice1  
or  7#f7 o!r value capture me*anisms    
includ+ us] fees1 sales tax rev5ues1 or 
o!r rev5ue s\rces d$icat$ to ! project  
by prop]ty own]s & bus9esses4  7c7      
,transit-,ori5t$ ,developm5t ,volume    
,cap  7#a7 ,9 g5]al ,! aggregate face   
am\nt ( ,transit-ori5t$ developm5t bonds
 issu$ pursuant to an issue1 :5 add$ to 

! aggregate face am\nt ( transit-ori5t$ 
developm5t bonds previ\sly issu$ by !   
issu+ au?ority dur+ ! cal5d> ye>1 %all n
 exce$ su* issu+ au?ority's ,move       
,am]ica volume cap = su* ye>4  7#b7     
,allocation ( volume cap ,ea* ,/ate may 
allocate ! transit-ori5t$ developm5t    
volume cap ( su* ,/ate among gov]nm5tal 
units 7or o!r au?orities7 9 su* ,/ate   
hav+ au?ority to issue private activity 
bonds4  7d7 ,application ( ,davis-,bacon
 ,act requirem5ts ) respect to ,f$]al   
value capture tax increm5t f9anc+       
di/ricts ,sub*apt] ,,iv ( *apt] #ca ( ! 
title #dj1 ,unit$ ,/ates ,code1 %all    
apply to projects f9anc$ ) ! proce$s (  
qualifi$ transit-ori5t$ developm5t      
bonds4  4  7b7 ,con=m+ am5dm5t ,! table 
( sections = subp>t ,a ( "p ,,iv (      
sub*apt] ,b ( *apt] #a ( ! ,int]nal     
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new item3  ,sec4      
#adg;,a4 ,qualifi$ transit-ori5t$       
developm5t bonds4  4  7c7 ,effective    
date ,! am5dm5ts made by ?is section    

%all apply to taxable ye>s beg9n+ aft] !
 ,secret>y has det]m9$ ! proc$ure       
describ$ 9 section #h7;a77#a74  ,,iii   
,protect+ ,work]s = a ,clean ,future    
,act  #i4 ,f9d+s ,congress f9ds !       
foll[+3 7#a7 ,! fossil fuel & fossil    
fuel-dep5d5t indu/ries h be5 major      
driv]s ( employm5t & economic gr[? 9    
regions ?r\gh\t ,cali=nia4 ,yet1 despite
 ! success ( ^! indu/ries1 _m local     
resid5ts are unemploy$ or live 9 pov]ty4
 ,9 addition1 ne>by communities (t5     
suff] f pollution1 poor air & wat]      
quality1 & o!r heal? haz>ds4 ,! goal (  
community transition grants is to       
develop a vision = a future economy bas$
 on equity1 su/a9ability1 & %>$         
prosp]ity4 ,a regional approa* requires 
br++ toge!r a div]se set ( /akehold]s t 
repres5t ! :ole community4 ,?is         
coalition mu/ be capable ( develop+ &   
implem5t+ /rategies to support work]s & 
communities t w be affect$ by !         
transition away f fossil fuels4 ,to be  
effective1 coalitions %\ld "w closely ) 

high road employ]s & indu/ry lead]s to  
id5tify 9-dem& skills & work=ce         
/rategies t promote em]g+ & exp&+       
sectors ( ! regional economy4  7#b7 ,^! 
/rategies %\ld provide pa?ways = impact$
 work]s to transition to o!r su/a9able  
jobs & c>e]s4 ,!y %\ld also include !   
frontl9e communities :o h hi/orically   
be5 exclud$ f ! economic b5efits ( !    
fossil fuel indu/ry1 :ile be>+ ! greate/
 co/s ( pollution & ecological damage4  
7#c7 ,p>tn]%ips %\ld include            
organizations repres5t+ work]s &        
communities impact$ by ! fossil fuel    
indu/ry & ! transition to a             
c>bon-con/ra9$ economy4 ,work]s1        
resid5ts1 & community lead]s h inh]5t k 
( regional dynamics1 issues1 & ne$s1 &  
%\ld function at ! c5t] ( develop+      
regional solutions4  7#d7 ,9 addition1  
coalitions %\ld be div]se & repres5t a  
wide range ( regional int]e/s &         
/akehold]s1 includ+ organizations       
repres5t+ labor1 environm5tal ju/ice1   
indu/ry1 economic developm5t1 local     

tribal & municipal gov]nm5t1 &          
educational in/itutions4  7#e7 ,z !     
,unit$ ,/ates & global economies %ift f 
fossil fuels to m su/a9able s\rces (    
en]gy1 ! fossil fuel work=ce _c be left 
beh9d4 ,!y mu/ be "p ( ! conv]sation & h
 a role 9 %ap+ ! transition4  #aj4      
,r5ewable en]gy transition grant program
  7a7 ,9 g5]al ,! ,secret>y ( ,labor1 9 
consultation ) ! ,secret>y ( ,en]gy1    
%all e/abli% a grant program = local    
gov]nm5ts = ! purpose ( develop+ a plan 
to transition work]s f employm5t 9      
fossil fuel indu/ries to employm5t 9    
su/a9able indu/ries4  7b7 ,eligibility  
,! ,secret>y ( ,labor may aw>d grants "u
 subsection 7a7 to a local or ,tribal   
gov]nm5t t-- 7#a7 e/abli%es indu/ry or  
sector p>tn]%ips 7z def9$ 9 section #c (
 ! ,work=ce ,innovation & ,opportunity  
,act 7#bi ,u4,s4,c4 #cajb772  7#b7 is 9 
a locality t ! ,secret>y ( ,en]gy       
det]m9es to h a p]c5tage ( traditional  
en]gy sector jobs t is av]age or above  
av]age relative to ! ,unit$ ,/ates2 &   

7#c7 c]tifies t su* local or ,tribal    
gov]nm5t w develop ! transition plan    
describ$ 9 subsection 7a7 9 consultation
 ) relevant ,/ate & o!r exp]ts1 includ+ 
exp]ts 9 en]gy labor1 gre5 economy      
policies1 & en]gy policy1 & ) relevant  
,/ate (ficials1 if applicable4  7c7     
,det]m9ation ( p]c5tage ( traditional   
en]gy sector jobs ,9 mak+ ! det]m9ation 
"u subsection 7b77#b71 ! ,secret>y (    
,labor %all take into consid]ation      
in=mation f ! report entitl$ ,u4,s4     
,en]gy & ,employm5t ,report issu$ by !  
,secret>y 9 ,janu>y1 #bjag4  7d7 ,use ( 
funds ,funds "u subsection 7a7 may be   
us$ = ! foll[+ purposes3 7#a7 ,to       
develop a transition plan describ$ 9    
subsection 7a74  7#b7 ,to support an    
exi/+ appr5tice%ip program =            
appr5ticeable occupation or1 if 9 a     
non-traditional indu/ry1 to develop an  
appr5tice%ip program4  7#c7 ,to tra9    
individuals :o are new to ! work=ce =   
jobs 9 su/a9able indu/ries1 includ+ b n 
limit$ to1 manufactur+1 autonom\s       

vehicles1 electric vehicles1 r5ewable   
en]gy1 ,,c]cla rem$iation1 & may include
 a p>tn]%ip or agreem5ts ) employ]s to  
provide jobs = tra9ees4  7e7 ,transition
 plan requirem5ts ,a transition plan    
fund$ "u subsection 7a7-- 7#a7 %all     
include assi/ance = access+ all exi/+   
applicable ,f$]al & ,/ate aid = displac$
 work]s1 includ+ unemploym5t insurance1 
job transition tra9+1 & community       
s]vices = ! affect$ community z well z  
trade adju/m5t assi/ance & o!r programs1
 if applicable2 &  7#b7 may also include
 assi/ance to supplem5t exi/+ ,f$]al &  
,/ate aid1 includ+ funds = bridges to   
retirem5t = old] work]s1 wage insurance 
= work]s :o f9d employm5t 9 l[] wage    
jobs1 & fund+ = significant c>e] *ange  
tra9+ = work]s :o wi% to *ange c>e]s1   
includ+ case managem5t & c>e] pa?       
c\nsel+4  7f7 ,au?orization ,!re are    
au?oriz$ to be appropriat$ su* sums z   
necess>y to c>ry out ?is section4  #aa4 
,national ,employm5t ,corps  7a7        
,e/abli%m5t ,!re is e/abli%$ )9 !       

,dep>tm5t ( ,labor a ,national          
,employm5t ,corps4  7b7 ,job gu>antee   
grants  7#a7 ,9 g5]al ,if local gov]nm5t
 or ,tribe describ$ 9 section #aj7;b7   
executes a plan "u section #aj 9 good   
fai?1 b all work]s describ$ 9 section   
#aj7;a7 are n successfully transition$1 
! ,secret>y ( ,labor1 act+ ?r\gh !      
,national ,employm5t ,corps1 %all       
e/abli% a program 7h]e9aft] ref]r$ to z 
! program7 to provide grants to local & 
,tribal gov]nm5ts to provide direct     
employm5t projects = ! purpose (        
gu>antee+ a job & job tra9+ to any      
eligible work] n successfully           
transition$ "u su* plan4  7#b7 ,use (   
funds ,! grants "u p>agraph 7#a7 %all   
cov] wage1 b5efits1 & mat]ial exp5ses ( 
eligible work]s4  7#c7 ,eligible work]  
,9 ?is section1 ! t]m eligible work]    
means any individual :o loses a job or  
reasonably anticipates los+ a job due to
 a transition f traditional en]gy s\rces
 to su/a9able en]gy s\rces4  7c7        
,coord9ation ( ,f$]al ef=ts ,! ,corps   

%all "w ) ,f$]al ag5cies to id5tify     
areas ( ne$$ inve/m5t 9 ! ,unit$ ,/ates 
economy1 includ+ infra/ructure1 en]gy   
effici5cy1 retr(itt+1 eld] c>e1 *ild    
c>e1 job tra9+1 education1 & heal?      
s]vices4  7d7 ,f$]al compon5t  7#a7 ,9  
g5]al ,if projects fund$ "u ! program "u
 subsection 7b7 are inadequate to ma9ta9
 full employm5t 9 ! locality or ,tribe1 
! ,secret>y %all int]v5e 9 ! locality or
 ,tribe to provide adequate employm5t   
opportunities to gu>antee employm5t to  
work]s describ$ 9 su* subsection4  7#b7 
,additional s]vices ,! ,corps %all also 
(f] ! foll[+ s]vices to eligible work]s3
 7,a7 ,supportive s]vices4  7,b7        
,wrap-ar\nd s]vices1 includ+3 7i7       
,transportation4  7ii7 ,*ildc>e4  7iii7 
,job prep>ation s]vices4  7iv7 ,c\nsel+4
  7,c7 ,adult education & lit]acy       
activities4  7,d7 ,activities to assi/  
ju/ice-involv$ individuals4  7#c7       
,website & database ,to assi/ ) an      
individual's move f ! job gu>antee to   
o!r employm5t opportunities "u a        

,national ,employm5t ,corps1 ! ,secret>y
 %all e/abli% a website & database li/+ 
individuals employ$ "u ! program z      
available =1 & seek+1 employm5t4        
,individuals %all be all[$ up to "o day 
7#h h\rs7 p] employ$ mon? to seek       
alt]native employm5t & = pr(essional    
developm5t4  7e7 ,coord9ation ( local   
ef=ts ,any local or ,tribal gov]nm5t t  
receives a grant %all develop employm5t 
proposals 9 coord9ation ) community     
lead]s1 labor organizations1 & local    
resid5ts to ensure ! proposals w s]ve ! 
ne$s ( ! con/itu5ts & available pool (  
labor4 ,! employm5t proposals may n be  
us$ to employ individuals :o w replace  
or spe$ ! displacem5t ( exi/+ employees 
or individuals :o w\ld o!rwise p]=m     
simil> "w4  7f7 ,employm5t protections  
7#a7 ,collective b>ga9+ units           
,p>ticipants %all be includ$ 9 an       
e/abli%$ b>ga9+ unit & cov]$ by any     
applicable collective b>ga9+ agreem5t ^u
 ! e/abli%m5t ( su* agreem5t4  7#b7     
,wages "u ! program ,wage v>iation %all 

be built into ! program1 z det]m9$ by ! 
,secret>y ( ,labor1 to acc\nt = work]s' 
previ\s exp]i5ce1 education1 & region ( 
resid5ce1 z well z ! prospect (         
promotion )9 ! ,national ,employm5t     
,corps4  7#c7 ,website ,to manage       
projects pa/1 pres5t1 & future1 !       
,national ,employm5t ,corps %all create 
a website :]e all projects w be li/$4   
7#d7 ,m9imum wage ,any individual       
employ$ us+ funds "u ?is section %all be
 paid wages at a rate t is n less ?an   
#ae4jj p] h\r & t are comp>able to wages
 9 ! region1 plus b5efits1 & index$ =   
inflation4  7g7 ,appr5tice%ip def9$ ,9  
?is section1 ! t]m appr5tice%ip means an
 appr5tice%ip program regi/]$ "u ! ,act 
( ,augu/ #af1 #aicg 7commonly kn[n z !  
,national ,appr5tice%ip ,act7 7#ej ,/at4
 #ffd1 *apt] #ffc2 #bi ,u4,s4,c4 #ej et 
seq471 includ+ any requirem5t1 /&>d1 or 
rule promulgat$ "u su* ,act1 z su*      
requirem5t1 /&>d1 or rule 0 9 effect on 
,decemb] #cj1 #bjai4