Skip to main content
HR 2205 117th Congress House Transportation and Public Works Air quality Climate change and greenhouse gases Government information and archives Infrastructure development Public transit State and local finance State and local government operations Transportation programs funding Wages and earnings

Incentivizing Value Capture for Greener Transportation Act

Introduced: March 26, 2021 Introduced by: DeSaulnier, Mark Democratic · California See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 29, 2021
Referred to the Subcommittee on Highways and Transit.
Mar 26, 2021
Referred to the House Committee on Transportation and Infrastructure.
Mar 26, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Incentivizing Value Capture for Greener Transportation Act

This bill authorizes the Department of Transportation (DOT) to provide technical assistance grants to states and local governments to (1) develop more state and local value capture mechanisms for long-term funding that promote mobility, public transportation, and affordable transit-oriented development; (2) improve public transportation and mobility; and (3) develop strategic partnerships that create greater self-help capacity that leads to greater long term and robust investments in public transportation, mobility, inclusive economic development, and affordable transit-oriented development.

DOT must

  • establish voluntary and consensus-based value capture standards, policies, and best practices for state and local value capture mechanisms that promote greater investments in public transportation and affordable transit-oriented development;
  • make available to the public a report cataloging examples of state and local laws and policies that provide for value capture and value sharing that promote such investments; and
  • identify and disseminate examples of best practices where states and local governments have adopted value capture and value sharing mechanisms that have successfully provided for such investments.
What's happening now March 29, 2021

Referred to the Subcommittee on Highways and Transit.

 Committees of jurisdiction 2