To require certain grant recipients of transit and highway transportation projects to establish and contribute to a business uninterrupted monetary program fund, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To require certain grant recipients of transit and highway transportation projects to establish and contribute to a business uninterrupted monetary program fund, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Transportation, Housing.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H23BDE4B6C77C4D43A6FF6C0D9725A0A2: 1. Short title This Act may be cited as the Business Uninterrupted Monetary Program Act of 2023.
- Section HFD9CFCFCD5874FB08080B1113D5801D9: 2. Fixed guideway capital investment grants Section 5309 of title 49, United States Code, is amended by adding at the end the following: (s)Business...
- Section H12A36F1204974769932DF7DA3CCB4E6F: 3. Federal-aid highway program Chapter 1 of title 23, United States Code, is amended by adding at the end the following: 180.Business uninterrupted monetary...
- Section H8EB4C3C35AD645A28FD79DA580B7A60B: 180. Business uninterrupted monetary program fund The Secretary shall require a recipient of Federal-aid highway funds under this title to establish a fund to...
- Section H5B216EB0EFA448B79F7C9002A2F503CD: 4. Grants for certain interruptions due to fixed guideway capital investment projects Not later than 270 days after the date of enactment of this Act, the...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To require certain grant recipients of transit and highway transportation projects to establish and contribute to a business uninterrupted monetary program fund, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Transportation, Housing
Primary Purpose
This bill, To require certain grant recipients of transit and highway transportation projects to establish and contribute to a business uninterrupted monetary program fund, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Correa (for himself and Mr. Schiff) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_transportation"
- → Secretary of Transportation
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology