119th CONGRESS

1st Session

H. R. 4523

1. Table of contents
2. Purpose
3. TECHNICAL AMENDmeNTS to chapter 224 of title 49, united states code
4. other technical amendments

1. Table of contents

The table of contents for this Act is as follows:

2. Purpose

The purpose of this Act is to make technical amendments to title 49, United States Code, as necessary to improve the Code.

3. TECHNICAL AMENDmeNTS to chapter 224 of title 49, united states code

(a) Definitions - Section 22401 of title 49, United States Code, is amended—

(1) In general - in paragraph (1)—

(A) In general - in subparagraph (A), by striking "(A) The term" and inserting the following:

(A) In general - The term

(B) Direct loan - in subparagraph (B)—

(i) - by redesignating clauses (i), (ii), and (iii) as subclauses (I), (II), and (III);

(ii) Direct loan - by striking "(B) The cost" and inserting the following:

(B) Direct loan -

(i) In general - The cost

(iii) Inclusion - by striking "Calculation of the cost of a direct loan" and inserting:

(ii) Inclusion - Calculation of the cost of a direct loan

(i) - by redesignating clauses (i) and (ii) as subclauses (I) and (II);

(ii) Loan guarantee - by striking "(C) The cost" and inserting the following:

(i) In general - The cost

(iii) Inclusion - by striking "Calculation of the cost of a loan guarantee" and inserting the following:

(ii) Inclusion - Calculation of the cost of a loan guarantee

(D) Modification - in subparagraph (D), by striking "(D) The cost" and inserting the following:

(D) Modification - The cost

(E) Net present values - in subparagraph (E), by striking "(E) In estimating" and inserting the following:

(E) Net present values - In estimating

(F) Basis of estimated cost - in subparagraph (F), by striking "(F) When funds" and inserting the following:

(F) Basis of estimated cost - When funds

(2) - in paragraph (2), by inserting "(2 U.S.C. 900(c)(9))" after "Balanced Budget and Emergency Deficit Control Act of 1985"; and

(3) - in paragraph (12)—

(A) - in subparagraph (A), by inserting "of this title" after "section 20102"; and

(B) - in subparagraph (B), by inserting "of this title" after "section 24102".

(b) Direct Loans and Loan Guarantees - Section 22402 of title 49, United States Code, is amended—

(1) - in subsection (a)(3), by striking "government sponsored" and inserting "government-sponsored";

(2) - in subsection (c)(1), by inserting "of this title" after "section 20157(i)";

(3) - in subsection (f)—

(A) - in paragraph (1), by inserting "(2 U.S.C. 661c(b)(1))" after "section 504(b)(1) of the Federal Credit Reform Act of 1990";

(B) - in paragraph (5)—

(i) - in the matter before subparagraph (A)—

(I) - by inserting "of this title" after "section 22406(a)(2)";

(II) - by striking "(Public Law 114–94)" and inserting "(Public Law 114–94, 129 Stat. 1312)"; and

(III) - by striking "(Public Law 94–210)" and inserting "(Public Law 94–210, 90 Stat. 31)"; and

(ii) - in subparagraph (A), by inserting "(Public Law 117–58, div. B, 135 Stat. 652)" after "Surface Transportation Investment Act of 2021"; and

(C) - in paragraph (7), by inserting "(Public Law 117–58, div. B, 135 Stat. 652)" after "Surface Transportation Investment Act of 2021";

(4) - in subsection (g)(1)(C)(ii)(II), by striking the period at the end and inserting a semicolon;

(5) - in subsection (h)(3)—

(A) - in subparagraph (A)—

(i) - by inserting "of this title" after "section 24312"; and

(ii) - by inserting "of this title" after "section 24308(a)"; and

(B) - in subparagraph (B), by inserting "of this title" after "section 22404"; and

(6) - in subsection (i)—

(A) - in paragraph (3)(B), by striking the heading "Actions by the Office of Management and Budget" and inserting the heading "Actions by the office of management and budget";

(B) - in paragraph (4)(A)—

(i) - by inserting "(Public Law 117–58, div. B, 135 Stat. 652)" after "Surface Transportation Investment Act of 2021"; and

(ii) - by striking "an streamlined" and inserting "a streamlined"; and

(i) - in clause (iv), by striking "refinancing an" and inserting "refinancing of an"; and

(ii) - in clause (ix), by inserting "of this title" after "section 5323(j)".

(1) - in subsection (a)(1), by inserting "of this title" after "section 22402";

(2) - in subsection (b), by inserting "of this title" after "section 22402";

(3) - in subsection (c), by inserting "of this title" after "section 22402";

(4) - in subsection (d)(3), by inserting "of this title" after "section 22402(f)";

(5) - in subsection (g), in the matter before paragraph (1), by inserting "of this title" after "section 22402";

(6) - in subsection (h)(1), by inserting "of this title" after "section 22402";

(7) - in subsection (i)—

(A) - in the matter before paragraph (1), by inserting "of this title" after "section 22402" each place it appears; and

(B) - in paragraph (1), by striking "of this section"; and

(8) - in subsection (m), by inserting "of this title" after "section 22402".

(d) Substantive Criteria and Standards - Section 22405(1) of title 49, United States Code, is amended by inserting "of this title" after "section 22402".

(e) Authorization of Appropriations - Section 22406 of title 49, United States Code, is amended—

(1) - in the section heading, by striking the period at the end;

(2) - in subsection (a)(2), by inserting "of this title" after "section 22402(f)(5)"; and

(3) - in subsection (b)(2), by inserting "of this title" after "section 22403(l)(1)".

4. other technical amendments

(a) National Surface Transportation and Innovative Finance Bureau - Section 116(d)(1)(B) of title 49, United States Code, is amended by inserting "of this title" after "sections 22401 through 22403".

(b) Surface Transportation Investment Act of 2021 - Section 21303(1) of the Surface Transportation Investment Act of 2021 (49 U.S.C. 22402 note) is amended by striking "section 22402(b)(1)(E) of title 49" and inserting "section 22402(b)(1)(F) of title 49".

(c) Grant Conditions - Section 22905(c)(2)(B) of title 49, United States Code, is amended by inserting "of this title" after "section 22404".

119-HR4523

To make technical amendments to title 49, United States Code, as necessary to improve the Code.