An amendment No. 14 printed in Part A of House Report 114-326 to require local transit entity to have a debt to equity ratio of at least 1:1 in order to be eligible for federal funds.

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Amendment Number
789
Description
An amendment No. 14 printed in Part A of House Report 114-326 to require local transit entity to have a debt to equity ratio of at least 1:1 in order to be eligible for federal funds.
Purpose
Amendment sought to require local transit entities to have a debt to equity ratio of at least 1:1 in order to be eligible for Federal funds.
Congress
114
Type
HAMDT
Latest Action Date
Nov 4, 2015
Latest Action Text
On agreeing to the Culberson amendment Failed by recorded vote: 116 - 313 (Roll no. 603).
Latest Action Time
19:29:50
Submitted Date
Nov 4, 2015
Chamber
House of Representatives
Update Date
Dec 15, 2020
Amendment 789 — Informed