H.R. 4367 · 111th Congress

Transportation Equity Act of 2009

Stage
In committee
Introduced
2009-12-16
Latest action
2009-12-17 · Referred to the Subcommittee on Highways and Transit.

Summary

Transportation Equity Act of 2009 - Addresses certain Federal Transit Administration (FTA) adjustments that require a "medium" for the cost-effectiveness rating used to evaluate fixed guideway projects for recommendation for Federal New Starts funding.

Prohibits such adjustments from applying to new fixed guideway capital projects evaluated for: (1) major capital investment grants of $75 million or more; or (2) capital investment grants of less than $75 million, where the total estimated net capital project cost is less than $250 million.