US SB2053 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 1 2012 - 25% progression, died in committee
Action: 2012-02-01 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Jumpstarting Transit-Oriented Development Act - Authorizes the Secretary of Transportation (DOT) to award grants to transit agencies, state or local governments, metropolitan planning organizations, tribal governments, or partnerships among them to establish a specific, implementable strategy for mixed-income, mixed-use development projects that lead to successful transit-oriented development within one-half mile of an existing or planned major transit facility. Defines "major transit facility" to mean: (1) a station that is part of a fixed-guideway public transportation system, (2) a high-speed rail or intercity rail station, (3) a transit hub, or (4) a transit center located in a nonurbanized area. Authorizes the Secretary to make or guarantee loans to eligible borrowers to carry out such projects.

Tracking Information

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Title

Jumpstarting Transit-Oriented Development Act

Sponsors


History

DateChamberAction
2012-02-01SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


Bill Comments

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