What This Bill Does · Plain English
Summary · Congress.gov
Bus Rolling Stock Modernization Act of 2025 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 obtaining preapproval or requiring the vehicle manufacturer to provide a performance bond (or other form of security). 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.
Action Timeline
2025-02-20
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-02-20
Introduced in Senate
Frequently Asked Questions
Did S.660 pass?
S.660 is still alive. Current stage: COMMITTEE. Pass likelihood: 41%.
What does S.660 do?
Bus Rolling Stock Modernization Act of 2025 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 obtaining preapproval or requiring the vehicle manufacturer to provide a performance bond (or other form of security). In order to make an advance payment, the recipient must…
Who sponsored S.660?
S.660 was sponsored by Tina Smith (D-Minnesota).
Full Bill Text
119 S660 IS: Bus Rolling Stock Modernization Act of 2025 U.S. Senate 2025-02-20 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. II 119th CONGRESS 1st Session S. 660 IN THE SENATE OF THE UNITED STATES February 20, 2025 Ms. Smith (for herself, Mr. Cramer , Mr. Fetterman , and Mrs. Britt ) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To establish limitations on advanced payments for bus rolling stock, and for other purposes. 1. Short title This Act may be cited as the Bus Rolling Stock Modernization Act of 2025 . 2. Limitations on advanced payments for bus rolling stock Section 5323 of title 49, United States Code, is amended by adding at the end the following: (w) Limitations on advanced payments for bus rolling stock (1) In general Notwithstanding any provision of this chapter or part 200 of title 2, Code of Federal Regulations, or any successor regulation, a recipient may use assistance made available under this chapter to make an advance payment on a bus rolling stock vehicle without the recipient obtaining pre-approval or requiring a performance bond or other form of security from the transit vehicle manufacturer. (2) Limitations A recipient making an advance payment under paragraph (1)— (A) shall have— (i) a signed purchase order and executed contract with a transit vehicle manufacturer that includes advance payment provisions; (ii) preaward authority; and (iii) met the requirements under subsection (m) and section 5318(e) of this title; and (B) shall not provide an advanced payment that is more than 20 percent of the total purchase order value. .
Loading intelligence layer…