To establish limitations on advanced payments for bus rolling stock, and for other purposes.
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Referred to the Subcommittee on Highways and Transit.
This bill allows a state or local authority (e.g., a transit authority) to use public transportation grants to make a partial advance payment for bus rolling stock (e.g., transit buses).
Specifically, a public transportation grant recipient may use grant funds to make an advance payment of not more than 20% of the total purchase order value of a bus rolling stock vehicle without requiring the vehicle manufacturer to provide a performance bond (or similar financial arrangement). In order to make an advance payment, the recipient must meet certain requirements. For example, the recipient must have a signed purchase order and an executed contract with a vehicle manufacturer that includes advance payment provisions.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 3586: To establish limitations on advanced payments for bus rolling stock, and for other purposes.. 119th Congress. Open America. https://openamerica.io/bill/119-HR-3586/
"H.R. 3586: To establish limitations on advanced payments for bus rolling stock, and for other purposes.." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-3586/.
H.R. 3586, 119th Cong. (2026), https://openamerica.io/bill/119-HR-3586/.
[H.R. 3586: To establish limitations on advanced payments for bus rolling stock, and for other purposes.](https://openamerica.io/bill/119-HR-3586/)