An amendment to permit the Federal Transit Administration to grant a temporary waiver of state and local matching fund requirements for certain mass transit programs undertaken in FY 1993. Payment of such state and local matching funds would be required to be paid by 1995. Outstanding matching funds after 1995 would be repaid through reductions in federal highway and mass transit assistance in fiscal years 1996 and 1997.

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Amendment Number
694
Description
An amendment to permit the Federal Transit Administration to grant a temporary waiver of state and local matching fund requirements for certain mass transit programs undertaken in FY 1993. Payment of such state and local matching funds would be required to be paid by 1995. Outstanding matching funds after 1995 would be repaid through reductions in federal highway and mass transit assistance in fiscal years 1996 and 1997.
Purpose
Amendment sought to extend to recipients of Federal funds for transit projects the authority to request a temporary waiver of the non-Federal share for transportation projects.
Congress
102
Type
HAMDT
Latest Action Date
Jul 9, 1992
Latest Action Text
On agreeing to the Mineta amendment (A005) Failed by recorded vote: 184 - 229 (Roll no. 279).
Latest Action Time
15:44:38
Submitted Date
Jul 9, 1992
Chamber
House of Representatives
Update Date
Jul 10, 2021
Amendment 694 — Informed