[Congressional Record Volume 167, Number 137 (Monday, August 2, 2021)]
[Senate]
[Page S5680]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2295. Mr. MENENDEZ submitted an amendment intended to be proposed
to amendment SA 2137 proposed by Mr. Schumer (for Ms. Sinema (for
herself, Mr. Portman, Mr. Manchin, Mr. Cassidy, Mrs. Shaheen, Ms.
Collins, Mr. Tester, Ms. Murkowski, Mr. Warner, and Mr. Romney)) to the
bill H.R. 3684, to authorize funds for Federal-aid highways, highway
safety programs, and transit programs, and for other purposes; which
was ordered to lie on the table; as follows:
On page 502, between lines 12 and 13, insert the
following:
SEC. 12002. TIFIA NON-FEDERAL SHARE.
Section 603(b) of title 23, United States Code, is amended
by striking paragraph (8) and inserting the following:
``(8) Non-federal share.--Notwithstanding paragraph (9) and
section 117(j)(2), the proceeds of a secured loan under the
TIFIA program shall be considered to be part of the non-
Federal share of project costs required under this title or
chapter 53 of title 49, if the loan is repayable from non-
Federal funds.''.
Beginning on page 684, strike line 22 and all that follows
through page 685, line 2, and insert the following:
``(n) Non-Federal Share.--The proceeds of a secured loan
provided under this section shall be considered to be part of
the non-Federal share of project costs required under this
title, if the loan is repayable from non-Federal funds.''.
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