A bill to prohibit the provision of Federal assistance to transit and rail projects with significant cost overruns and that are projected to lose money, and for other purposes.
Put the Brakes on Boondoggles Act
This bill prohibits the Department of Transportation from awarding additional financial assistance for a transit or rail project if (1) the overall projected cost to complete the project exceeds the original cost projection by at least $1 billion, and (2) the operational and administrative costs to provide the service are projected to exceed the revenues generated from ridership over the next decade.
Introduced in Senate
Read twice and referred to the Committee on Commerce, Science, and Transportation.
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