Private Investment in Commuter Vanpooling Act of 2009 - Allows the local matching share provided by a public transportation capital project assistance recipient to include expenditures by a private commuter vanpooling service provider to acquire rolling stock (vans).
Authorizes such a private provider to use vanpool revenues exceeding operating costs to acquire such vans, if there is a binding agreement requiring the vans to be used in the state or local government's service area.
Introduced in House
Introduced in House
Referred to the House Committee on Transportation and Infrastructure.
Referred to the Subcommittee on Highways and Transit.
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