HR 3586 · in committee · niche
To establish limitations on advanced payments for bus rolling stock, and for other purposes.
- economy
What this bill does
- States and local transit authorities can use federal grants to pay up to 20% of bus purchase costs in advance.
- Transit agencies and bus manufacturers are affected by new advance payment rules.
- Advance payments require signed contracts and purchase orders but no manufacturer performance bonds.
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Community Threads
Started by Cosponsor
- 01
How would limiting advance payments to 20% of bus costs affect transit agencies' ability to plan and fund fleet replacements?
- 02
What risks do transit authorities face if manufacturers fail to deliver after receiving advance payments without performance bond requirements?
- 03
Why did Congress choose the 20% advance payment threshold specifically, and how does it compare to current industry practices?
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Sponsor · R-MN-7
Michelle Fischbach
Citizen cosponsors
0
In Congress
3/ 435
House Reps cosponsoring
Introduced 2025-05-24
Joining the bill
Legislative timeline
2025-05-24 · house · Committee
Referred to the Subcommittee on Highways and Transit.
2025-05-23 · house · IntroReferral
Referred to the House Committee on Transportation and Infrastructure.
2025-05-23 · IntroReferral
Introduced in House
2025-05-23 · IntroReferral
Introduced in House
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