[Federal Register Volume 63, Number 166 (Thursday, August 27, 1998)]
[Pages 45897-45898]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-23066]



Federal Highway Administration
[Docket No. FHWA-98-4356]

DOT Listening Session on New Federal Credit Programs

AGENCY: Federal Highway Administration (``FHWA''), DOT.

ACTION: Public meeting.


SUMMARY: The Transportation Equity Act for the 21st Century (``TEA-
21''), Public Law 105-178, 112 Stat. 107 (1998), established two new 
Federal credit programs for surface transportation projects. The 
Transportation Infrastructure Finance and Innovation Act (``TIFIA''), 
Title I, Subtitle E, Chapter 1 was established to provide up to $10.6 
billion of Federal assistance in the form of credit (direct loans, loan 
guarantees, and standby lines of credit) to major surface 
transportation projects of critical national importance, such as 
intermodal facilities, border crossing infrastructure, trade corridors, 
and other investments generating substantial regional and national 
economic and other benefits. The Railroad Rehabilitation and 
Improvement Financing program (``RRIF''), Title VII, Subtitle B amended 
Title V of the Railroad Revitalization and Regulatory Reform Act of 
1976 to provide up to $3.5 billion of Federal assistance in the form of 
direct loans and loan guarantees for eligible railroad projects. Prior 
to implementation, the Federal Highway Administration (``FHWA''), on 
behalf of the United States Department of Transportation (``USDOT''), 
will conduct on outreach session on TIFIA and RRIF to consult with its 
partners and customers. This notice serves to invite public officials, 
potential project sponsors, the financial community, and other 
interested parties to attend a meeting to share their comments with the 
USDOT concerning suggestions on how best to administer the new 

DATES: The public meeting will be held on Monday, September 14, 1998, 
from 10:00 a.m. until 4:00 p.m.

[[Page 45898]]

ADDRESSES: The meeting will be held in the Oval Room of the Port 
Authority of New York and New Jersey, One World Trade Center, 43rd 
floor, New York, New York. The morning session will be devoted to TIFIA 
and the afternoon session to RRIF.

On TIFIA: David Seltzer, (202) 366-0397, or Bryan Grote, (202) 366-
5785, Office of Budget and Finance, Room 4310, Federal Highway 
Administration, Department of Transportation, 400 Seventh Street, SW, 
Washington, DC 20590. On RRIF: Joanne McGowan, (202) 493-6390, Office 
of Railroad Development, Mail Stop 20, Federal Railroad Administration, 
Department of Transportation, Washington, DC 20590. Office hours for 
FHWA and FRA are from 8:00 a.m. to 4:30 p.m., e.t., Monday through 
Friday, except Federal holidays.


Electronic Access

    An electronic copy of this document may be downloaded using a modem 
and suitable communications software from the Government Printing 
Office's Electronic Bulletin Board Service at (202) 512-1661. Internet 
users may reach the Federal Register's home page at: http://
www.nara.gov/fedreg and the Government Printing Office's database at: 
http://www.access.gpo.gov/nara. A copy of the TEA-21 legislation and 
conference report containing the TIFIA and RRIF programs is available 
on the FHWA Home Page at http://www.fhwa.dot.gov/tea21/legis.htm.

    Authority: 23 USC 181 and 49 CFR 1.45(a)(1).

    Issued on: August 21, 1998.
Jerry A. Hawkins,
Director, Office of Personnel and Training.
[FR Doc. 98-23066 Filed 8-26-98; 8:45 am]