[Congressional Record Volume 164, Number 125 (Wednesday, July 25, 2018)]
[Senate]
[Page S5389]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3609. Mr. REED submitted an amendment intended to be proposed by 
him to the bill H.R. 6147, making appropriations for the Department of 
the Interior, environment, and related agencies for the fiscal year 
ending September 30, 2019, and for other purposes; which was ordered to 
lie on the table; as follows:

       In the matter under the heading ``capital investment 
     grants'' under the heading ``Federal Transit Administration'' 
     in title I of division D, insert before the period at the end 
     the following: ``: Provided further, That the Secretary shall 
     treat the proceeds of a Federal loan as a non-Federal 
     contribution toward project costs under section 5309 of title 
     49, United States Code, if the loan is repayable from non-
     Federal funds: Provided further, That any contingency funds 
     identified by a project sponsor in excess of the funds 
     necessary to satisfy a 50 percent probability threshold shall 
     not be considered part of a grant agreement under the capital 
     investment grant program unless such excess funds are 
     expended: Provided further, That risk assessments for 
     projects under consideration under subsections (d) and (e) of 
     section 5309 of title 49, United States Code, shall not occur 
     until after a project has entered the engineering phase, 
     unless otherwise requested by the project sponsor''.
                                 ______