HB6964: To establish limitations on advanced payments for bus rolling stock, and for other purposes.
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To establish limitations on advanced payments for bus rolling stock, and for other purposes.
Plain-language summary
This bill would place limits on advance payments that transit agencies can make when buying new buses. Transit agencies currently can pay bus manufacturers before buses are delivered. The bill restricts how much money agencies can pay upfront. The bill was recently introduced in Congress but has not yet been assigned to a for review.
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HB6964: To establish limitations on advanced payments for bus rolling stock, and for ot…
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Sponsors
Michelle Fischbach
Primary SponsorCo-sponsors (5)
Pete Stauber
Mike D. Rogers
Angela Craig
Marcus Molinaro
Brad Finstad