,i #aai? ,,congress #a/ ,session ,h4 ,r4 #dfdc ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #bc1 #bjbe,mr4 ,correa 7= himself & ,mr4 ,c>t] ( ,l\isiana7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,transportation & ,infra/ructure ,a ,,bill ,to require c]ta9 grant recipi5ts ( transit & highway transportation projects to e/abli% & contribute to a bus9ess un9t]rupt$ monet>y program fund1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,bus9ess ,un9t]rupt$ ,monet>y ,program ,act ( #bjbe4 #b4 ,fix$ guideway capital inve/m5t grants ,section #ecji ( title #di1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 7s7 ,bus9ess un9t]rupt$ monet>y program fund 7#a7 ,e/abli%m5t ,to be eligible = a grant "u ?is section1 a project sponsor or %all e/abli% a fund to be kn[n z a bus9ess un9t]rupt$ monet>y program fund 79 ?is subsection ref]r$ to z a ,,bump ,fund74 7#b7 ,fund requirem5ts ,am\nts contribut$ to a ,,bump ,fund "u ?is subsection-- 7,a7 may c\nt t[>d ! non-,f$]al %>e ( ! co/ ( a project "u su* section2 & 7,b7 %all be provid$ to cov]$ entities t are negatively impact$ by an int]ruption caus$ by a project c>ri$ out ) am\nts made available "u su* grant4 7#c7 ,contributions to ! ,fund 7,a7 ,9 g5]al ,! ,secret>y %all require t ! project sponsor contribute an am\nt into a ,,bump ,fund t meets ! foll[+ requirem5ts3 7i7 ,! am\nt requir$ to be set aside %all n impact ! total project co/ or ! total non-,f$]al mat* requirem5t ( ! project4 7ii7 ,su* am\nt %all reflect ! funds necess>y to fully c>ry out ! requirem5t describ$ 9 p>agraph 7#b77;,b74 7iii7 ,su* am\nt may n con/itute an am\nt ( ! non-,f$]al co/ %>e t w\ld imp$e ! project sponsor f c>ry+ out ! project4 7iv7 ,apply to projects ) total co/ equal or great] ?an #ajj million4 7v7 ,su* am\nt %all be det]m9$ by ! local sponsor1 s long z su* am\nt-- 7,i7 does n exce$ #aj p]c5t ( ! total non-,f$]al %>e2 & 7,,ii7 reflects ! e/imat$ damages caus$ by ! int]ruption4 7,b7 ,waiv] ,! ,secret>y may waive or alt] ! p]c5tage ( ! contribution am\nt requir$ "u subp>agraph 7,a7-- 7i7 if ! ,secret>y det]m9es t ! project sponsor has an equival5t program e/abli%$ t is applicable to ! project2 7ii7 ! ,secret>y det]m9es t !re is no int]ruption t c\ld occur ) respect to a project2 7iii7 ! am\nt ( ,f$]al fund+ = ! total co/ ( ! project is less ?an #aj p]c5t ( su* co/2 or 7iv7 = any o!r reason ! ,secret>y det]m9es appropriate4 7#d7 ,eligibility = receipt ( funds ,! applicant1 z "p ( ! portion ( ! application = a grant "u ?is section t relates to ! f9ancial commitm5t ( ! applicant1 %all provide in=mation to ! ,secret>y on h[ ! project sponsor %all det]m9e :i* cov]$ entities are eligible to receive assi/ance f a ,,bump ,fund1 includ+ ! foll[+3 7,a7 ,:i* cov]$ entities are eligible to receive fund+ "u ! ,,bump ,fund4 7,b7 ,! t]ms = eligibility = am\nts 9 a ,,bump ,fund4 7,c7 ,! process by :i* ! local sponsor or project p>tn] %all-- 7i7 det]m9e ! impact on cov]$ entities2 7ii7 di/ribute ! funds to cov]$ entities2 & 7iii7 v]ify ! in=mation provid$ by cov]$ entities4 7,d7 ,! total fund+ available p] cov]$ entity4 7,e7 ,! outrea* plan = in=m+ cov]$ entities4 7,f7 ,any o!r in=mation ! applicant det]m9es is necess>y4 7#e7 ,eligible exp5ses 7,a7 ,9 g5]al ,eligible exp5ses provid$ to a cov]$ entity f a ,,bump ,fund may include1 at ! discretion ( ! project sponsor1 ! foll[+3 7i7 ,utilities4 7ii7 ,insurance4 7iii7 ,r5t or mortgage4 7iv7 ,payroll4 7v7 ,loss ( income4 7vi7 ,any o!r exp5se ! sponsor det]m9es is consi/5t ) ! requirem5ts ( ?is section4 7,b7 ,invalidation ( paym5t by ,secret>y ,! ,secret>y may disqualify an eligible exp5se submitt$ by a project sponsor at ! "t su* recipi5t submits its f9ancial commitm5t if ! ,secret>y det]m9es su* an exp5se is n consi/5t ) ! requirem5ts ( ?is section4 7#f7 ,comb9$ ,,bump ,fund ,= a project sponsor t has m ?an #b projects runn+ concurr5tly1 ! project sponsor may ma9ta9 "o ,,bump ,fund to cov] all su* projects4 7#g7 ,ret5tion ( funds ,funds set aside = ! ,,bump ,fund %all rema9 available = a p]iod ( #a ye> aft] ! completion ( ! project = :i* ! ,,bump ,fund 0 e/abli%$ unless ! project sponsor c]tifies to ! ,secret>y t ! funds are no long] ne$$4 7#h7 ,unus$ funds ,any am\nts deposit$ 9 a ,,bump ,fund t are n disp5s$ dur+ ! project may be available to ! recipi5t = ! foll[+ uses3 7,a7 ,op]at+ exp5ses = ! project = :i* ! ,,bump ,fund 0 e/abli%$4 7,b7 ,project enhancem5ts or con/ruction co/ ov]runs = ! project4 7,c7 ,o!r projects eligible "u ?is title1 except t ! am\nts may n c\nt t[>d non-,f$]al mat*+ funds ( any o!r project4 7,d7 ,9 any case 9 :i* ! recipi5t does n manage ! project1 am\nts may be return$ to ! grant recipi5t4 7,e7 ,= any o!r purpose approv$ by ! ,secret>y4 7#i7 ,d]ivation ( funds = deposit into ,,bump ,fund ,! funds d$icat$ to a ,,bump ,fund may be d]iv$ f-- 7,a7 non-,f$]al funds1 unless deposit ( su* non-,f$]al funds is prohibit$ by ! t]ms ( an agreem5t betwe5 ! fund+ s\rce & ! project sponsor2 or 7,b7 ,f$]al funds1 if approv$ by ! ,secret>y4 7#aj7 ,def9itions ,9 ?is subsection3 7,a7 ,bus9ess un9t]rupt$ monet>y program fund2 ,,bump ,fund ,! t]m bus9ess un9t]rupt$ monet>y program fund or ,,bump ,fund means a fund = ! purpose ( provid+ f9ancial assi/ance to cov]$ entities directly & negatively impact$ by a transportation project fund$ by a grant "u ?is section to reimburse su* a cov]$ entity = exp5ses incurr$ dur+ an int]ruption caus$ by su* project4 7,b7 ,cov]$ entity ,! t]m cov]$ entity means a private bus9ess or nonpr(it organization1 z def9$ by ! project sponsor4 7,c7 ,int]ruption ,! t]m #8int]ruption' means an activity c>ri$ out z "p ( a project = :i* a grant is provid$ "u ?is section t disrupts ! activities ( a cov]$ entity & causes measurable negative impacts to ! f9ancial well-be+ ( su* entity4 7,d7 ,project sponsor ,! t]m project sponsor means ! sponsor ( a project1 or affiliat$ project p>tn]1 = :i* a grant is provid$ "u ?is section4 4 #c4 ,f$]al-aid highway program 7a7 ,9 g5]al ,*apt] #a ( title #bc1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 #ahj4 ,bus9ess un9t]rupt$ monet>y program fund 7a7 ,bus9ess ,un9t]rupt$ ,monet>y ,program ,fund 7#a7 ,e/abli%m5t ,! ,secret>y %all require a recipi5t ( ,f$]al-aid highway funds "u ?is title to e/abli% a fund to be kn[n z a bus9ess un9t]rupt$ monet>y program fund 79 ?is section ref]r$ to z a ,bump ,fund7 z requir$ "u section #ajf7k74 7#b7 ,fund requirem5ts ,am\nts contribut$ to a ,,bump ,fund "u ?is section-- 7,a7 may c\nt t[>d ! non-,f$]al %>e ( ! co/ ( a cov]$ project2 & 7,b7 %all be provid$ to cov]$ entities t are negatively impact$ by an int]ruption cause by a cov]$ project4 7#c7 ,contributions to ! ,fund 7,a7 ,9 g5]al ,! ,secret>y %all require t ! project sponsor ( a cov]$ project contribute an am\nt into a ,,bump ,fund t meets ! foll[+ requirem5ts3 7i7 ,! am\nt requir$ to be set aside %all n impact ! total non-,f$]al mat* requirem5t ( ! project4 7ii7 ,su* am\nt %all reflect ! funds necess>y to fully c>ry out ! requirem5t describ$ 9 p>agraph 7#b77;,b74 7iii7 ,su* am\nt may n con/itute an am\nt ( ! non-,f$]al co/ %>e t w\ld imp$e ! project sponsor f c>ry+ out ! project4 7iv7 ,! am\nt allocat$ to ! ,,bump fund %all be det]m9$ by ! local sponsor1 s long z-- 7,i7 ! am\nt does n exce$ #be p]c5t ( ! total non-,f$]al %>e2 & 7,,ii7 ! am\nt reflects ! e/imat$ damages caus$ by ! int]ruption4 7,b7 ,waiv] ,! ,secret>y may waive or alt] ! p]c5tage ( ! contribution am\nt requir$ "u subp>agraph 7,a7-- 7i7 if ! ,secret>y det]m9es t ! project sponsor has an equival5t program e/abli%$ t is applicable to ! project2 7ii7 ! ,secret>y det]m9es t !re is no int]ruption t c\ld occur ) respect to a project2 7iii7 ! am\nt ( ,f$]al fund+ = ! total co/ ( ! project is less ?an #aj p]c5t ( su* co/2 or 7iv7 = any o!r reason ! ,secret>y det]m9es appropriate4 7#d7 ,eligibility = receipt ( funds ,an applicant = funds = a cov]$ project1 z "p ( ! portion ( ! application t relates to ! f9ancial commitm5t ( ! applicant1 %all provide in=mation to ! ,secret>y on ! implem5tation ( ,,bump ,fund includ+ ! foll[+3 7,a7 ,:i* cov]$ entities are eligible to receive fund+ "u ! ,,bump ,fund4 7,b7 ,! t]ms = eligibility = am\nts 9 a ,,bump ,fund4 7,c7 ,! process by :i* ! local sponsor or project p>tn] %all-- 7i7 det]m9e ! impact on cov]$ entities2 7ii7 di/ribute ! funds to cov]$ entities2 & 7iii7 v]ify ! in=mation provid$ by cov]$ entities4 7,d7 ,! total fund+ available p] cov]$ entity4 7,e7 ,! outrea* plan = in=m+ cov]$ entities4 7,f7 ,any o!r in=mation ! applicant det]m9es is necess>y4 7#e7 ,eligible exp5ses 7,a7 ,9 g5]al ,eligible exp5ses provid$ to a cov]$ entity f a ,,bump ,fund may include1 at ! discretion ( ! project sponsor1 ! foll[+3 7i7 ,utilities = ! cov]$ entity4 7ii7 ,insurance = ! cov]$ entity & employees ( su* entity4 7iii7 ,r5t or mortgage paym5ts4 7iv7 ,payroll exp5ses4 7v7 ,loss ( income4 7vi7 ,any o!r exp5se ! sponsor det]m9es is consi/5t ) ! requirem5ts ( ?is section4 7,b7 ,invalidation ( paym5t by ,secret>y ,! ,secret>y may disqualify an eligible exp5se submitt$ by a project sponsor at ! "t su* recipi5t submits its f9ancial commitm5t if ! ,secret>y det]m9es su* an exp5se is n consi/5t ) ! requirem5ts ( ?is section4 7#f7 ,ret5tion ( funds ,funds set aside = ! ,,bump ,fund %all rema9 available = a p]iod ( #a ye> aft] ! completion ( ! project = :i* ! ,,bump ,fund 0 e/abli%$ unless ! project sponsor c]tifies to ! ,secret>y t ! funds are no long] ne$$4 7#g7 ,unus$ funds ,any am\nts deposit$ 9 a ,,bump ,funds t are n disp5s$ dur+ ! project may be available to ! project sponsor = ! foll[+ uses3 7,a7 ,project enhancem5ts1 includ+ non-infra/ructure project enhancem5ts1 or con/ruction co/ ov]runs = ! project4 7,b7 ,environm5tal mitigation describ$ "u section #aai7;g7 ( title #bc1 ,unit$ ,/ates ,code4 7,c7 ,o!r projects eligible "u ?is title1 except t ! am\nts may n c\nt t[>d non-,f$]al mat*+ funds ( any o!r project4 7,d7 ,9 any case 9 :i* ! project sponsor does n manage ! project1 am\nts may be return$ to ! initial recipi5t ( ! ,f$]al funds provid$ = ! cov]$ project4 7,e7 ,= any o!r purpose approv$ by ! ,secret>y4 7#h7 ,d]ivation ( funds = deposit into ,,bump ,fund ,! funds d$icat$ to ,,bump ,fund may be d]iv$ f-- 7,a7 a non-,f$]al s\rce1 consi/5t ) ! requirem5ts ( "p #bjj ( title #b1 ,code ( ,f$]al ,regulations1 unless deposit ( su* non-,f$]al funds is prohibit$ by ! t]ms ( an agreem5t betwe5 ! fund+ s\rce & ! project sponsor2 or 7,b7 ,f$]al funds1 if approv$ by ! ,secret>y4 7#i7 ,projects )\t a non-,f$]al %>e ,= any cov]$ project t is fund$ ) #ajj p]c5t ,f$]al funds1 ! ,secret>y %all det]m9e1 toge!r ) ! project sponsor1 an appropriate am\nt ( fund+ = ! ,,bump ,fund4 7#aj7 ,comb9$ ,,bump ,fund ,= a project sponsor t has m ?an #b projects runn+ concurr5tly1 ! project sponsor may ma9ta9 "o ,,bump ,fund to cov] all su* projects4 7b7 ,def9itions ,9 ?is section3 7#a7 ,bus9ess un9t]rupt$ monet>y program fund2 ,,bump ,fund ,! t]m bus9ess un9t]rupt$ monet>y program fund or ,,bump ,fund means a fund = ! purpose ( provid+ f9ancial assi/ance to cov]$ entities directly & negatively impact$ by cov]$ project to reimburse su* a cov]$ entity = exp5ses incurr$ dur+ an int]ruption caus$ by su* project4 7#b7 ,cov]$ entity ,! t]m cov]$ entity means a private bus9ess or nonpr(it organization1 z def9$ by ! project sponsor4 7#c7 ,cov]$ project ,! t]m cov]$ project means any project c>ri$ out "u ?is title t has a total co/ ( #ej1jjj1jjj or great]4 7#d7 ,int]ruption ,! t]m #8int]ruption' means an activity c>ri$ out z "p ( a cov]$ project t disrupts ! activities ( a cov]$ entity & causes measurable negative impacts to ! f9ancial well-be+ ( su* entity4 7#e7 ,project sponsor ,! t]m project sponsor means ! entity or affiliat$ project p>tn] c>ry+ out a cov]$ project4 4 7b7 ,cl]ical am5dm5t ,! analysis = *apt] #a ( title #bc1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 #ahj4 ,bus9ess un9t]rupt$ monet>y program fund4 4 7c7 ,project approval & ov]sight ,section #ajf ( title #bc1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 7k7 ,bus9ess un9t]rupt$ monet>y program fund ,a recipi5t ( ,f$]al f9ancial assi/ance "u ?is title = a project ) an e/imat$ total project co/ ( #ej1jjj1jjj or m %all e/abli% a bus9ess un9t]rupt$ monet>y program fund z describ$ "u section #ahj1 & subject to ! requirem5ts ( su* section1 to address f9ancial impacts to companies t suff] f9ancial burd5s z a result ( project con/ruction4 4 #d4 ,grants = c]ta9 int]ruptions due to fix$ guideway capital inve/m5t projects 7a7 ,e/abli%m5t ,n lat] ?an #bgj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y ( ,transportation %all e/abli% a competitive grant program t provides a s+le r\nd ( grants to project sponsors to provide relief to cov]$ entities z describ$ 9 section #ecji7s7 ( title #di1 ,unit$ ,/ates ,code 7z add$ by section #b74 7b7 ,eligibility ,a project sponsor is eligible = a grant "u subsection 7a7 = any project-- 7#a7 t meets ! requirem5ts ( section #ecji7s7 ( title #di1 ,unit$ ,/ates ,code2 7#b7 = :i* con/ruction began on or aft] ,octob] #a1 #bjah2 & 7#c7 t rema9s "u con/ruction z ( ,june #a1 #bjbc4 7c7 ,fund+ limitations ,a grant provid$ "u ?is section may n exce$ #aj1jjj1jjj4 7d7 ,unus$ am\nts ,any funds n made available pursuant to ?is section %all be reta9$ 9 ! acc\nt to :i* ! funds 7 appropriat$ & made available = any o!r purpose provid$ = by law4 7e7 ,def9itions ,! def9itions 9 section #ecji7s77#i7 ( title #di1 ,unit$ ,/ates ,code1 %all apply to ?is section4 #e4 ,implem5tation ,! ,secret>y ( ,transportation %all implem5t ! requirem5ts ( ! am5dm5ts made by sections #b & #c ( ?is ,act n lat] ?an #bgj days aft] ! date ( enactm5t ( ?is ,act4