Bus Rolling Stock Modernization Act of 2025 has not moved since its introduction on Feb 20, 2025, with cosponsors from both parties
Written by the Congressional Research Service [2]. 123 words.
Bus Rolling Stock Modernization Act of 2025 This bill allows a state or local authority (e.g., a transit authority) to use public transportation grants to make a partial advance payment for bus rolling stock (e.g., transit buses). Specifically, a public transportation grant recipient may use grant funds to make an advance payment of not more than 20% of the total purchase order value of a bus rolling stock vehicle without obtaining preapproval or requiring the vehicle manufacturer to provide a performance bond (or other form of security). In order to make an advance payment, the recipient must meet certain requirements. For example, the recipient must have a signed purchase order and an executed contract with a vehicle manufacturer that includes advance payment provisions.
- Committees
- Senate Banking, Housing, and Urban Affairs Committee
- Policy area
- Transportation and Public Works: 87 of 3,176 bills became law, 113th–118th (2.7%)
- Sponsor
- 1 of 263 bills enacted since 2013
- Text versions
- 1: introduced in senate · 187 words
- Latest action
- Feb 20, 2025: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Records
- Congress.gov · Bill text
The bill status record lists no related bills.