A bill to forgive certain loan repayments by the Southeastern Pennsylvania Transportation Authority to the Secretary of Transportation, and for other purposes.

Forgives 80 percent of the repayments due the Secretary of Transportation by the Southeastern Pennsylvania Transportation Authority of loans entered into under the Urban Mass Transportation Act of 1964 for the acquisition of rights-of-way. Authorizes the Secretary of Transportation to convert 20 percent of such repayment to a grant agreement in accordance with provisions of this Act.