,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #cehf  ,,in ,,the ,,house ,,of  
,,representatives  ,may #bc1 #bjbe,mrs4 
,fischbach 7for herself1 ,mr4 ,stauber1 
and ,ms4 ,craig7 introduced the         
following bill2 which was referred to   
the ,committee on ,transportation and   
,infrastructure  ,a ,,bill  ,to         
establish limitations on advanced       
payments for bus rolling stock1 and for 
other purposes4  #a4 ,limitations on    
advanced payments for bus rolling stock 
,section #ecbc of title #di1 ,united    
,states ,code1 is amended by adding at  
the end the following3  7w7 ,limitations
 on advanced payments for bus rolling   
stock  7#a7 ,in general ,notwithstanding
 any provision of this chapter or part  
#bjj of title #b1 ,code of ,federal     
,regulations1 or any successor          
regulation1 a recipient may use         
assistance made available under this    
chapter to make an advance payment on a 
bus rolling stock vehicle without the   
transit vehicle manufacturer obtaining a

 performance bond or similar financial  
arrangement4  7#b7  ,limitations  ,a    
recipient making an advance payment     
under paragraph 7#a7-- 7,a7 shall have--
  7i7 a signed purchase order and       
executed contract with a transit vehicle
 manufacturer that includes advance     
payment provisions2  7ii7 preaward      
authority2 and  7iii7 met the           
requirements under subsection 7m7 and   
section #ecah7;e7 of this title2 and    
7,b7 shall not provide an advanced      
payment that is more than #bj percent of
 the total purchase order value4  4