H.R. 596 · 112th Congress
Private Investment in Commuter Vanpooling Act of 2011
- Stage
- In committee
- Sponsor
- Mike Rogers
- Introduced
- 2011-02-09
- Latest action
- 2011-02-10 · Referred to the Subcommittee on Highways and Transit.
Summary
Private Investment in Commuter Vanpooling Act of 2011 - 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.