H.R. 1571 · 111th Congress
Private Investment in Commuter Vanpooling Act of 2009
- Stage
- In committee
- Sponsor
- Ellen Tauscher
- Introduced
- 2009-03-17
- Latest action
- 2009-03-18 · Referred to the Subcommittee on Highways and Transit.
Summary
Private Investment in Commuter Vanpooling Act of 2009 - Allows the local matching share provided by a public transportation capital project assistance recipient to include expenditures by a private commuter vanpooling service provider to acquire rolling stock (vans).
Authorizes such a private provider to use vanpool revenues exceeding operating costs to acquire such vans, if there is a binding agreement requiring the vans to be used in the state or local government's service area.