Northern Border Regional Commission Financial Flexibility Act

I 116TH CONGRESS 2D SESSION H. R. 6447 To amend title 40, United States Code, is amended with respect to the maximum contribution for certain projects or activities carried out in certain distressed counties, and for other purposes. IN THE HOUSE OF REPRESENTATIVES APRIL 3, 2020 Ms. KUSTER of New Hampshire (for herself, Mr. KATKO, Ms. STEFANIK, Mr. GOLDEN, Ms. PINGREE, Mr. PAPPAS, and Mr. WELCH) introduced the following bill; which was referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Financial Serv- ices, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To amend title 40, United States Code, is amended with respect to the maximum contribution for certain projects or activities carried out in certain distressed counties, and for other purposes. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Northern Border Re- 4 gional Commission Financial Flexibility Act’’. 5 VerDate Sep 11 2014 03:02 Apr 14, 2020 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H6447.IH H6447 kjohnson on DSK79L0C42PROD with BILLS 2 •HR 6447 IH SEC. 2. ECONOMIC AND INFRASTRUCTURE DEVELOPMENT 1 GRANTS. 2 Section 15501(d) of title 40, United States Code, is 3 amended by adding at the end the following: 4 ‘‘(4) SPECIAL CONTRIBUTION RULE.—The max- 5 imum contribution percentage for a project or activ- 6 ity carried out in a county described in paragraph 7 (2) using a grant awarded between January 1, 2019, 8 and December 31, 2021, shall be treated as 100 per- 9 cent.’’. 10 Æ VerDate Sep 11 2014 03:02 Apr 14, 2020 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H6447.IH H6447 kjohnson on DSK79L0C42PROD with BILLS