S.660 - Bus Rolling Stock Modernization Act of 2025 (119th Congress)
Summary
The Bus Rolling Stock Modernization Act of 2025 (S.660) aims to modify Section 5323 of Title 49, United States Code, by establishing limitations on advanced payments for bus rolling stock. It allows recipients of federal assistance to make advance payments on bus purchases without pre-approval or performance bonds, under certain conditions. The bill was introduced in the Senate on February 20, 2025, and referred to the Committee on Banking, Housing, and Urban Affairs.
Expected Effects
This act could streamline the procurement process for bus rolling stock by allowing transit agencies to make advance payments more easily. This could lead to faster modernization of bus fleets. However, it also introduces a risk of financial loss if manufacturers fail to deliver on their contracts.
Potential Benefits
- Streamlined procurement process for bus rolling stock.
- Faster modernization of bus fleets, potentially improving public transportation.
- Reduced administrative burden by removing pre-approval requirements.
- Increased flexibility for transit agencies in managing their finances.
- Potential for transit vehicle manufacturers to invest in innovation with more readily available capital.
Potential Disadvantages
- Increased financial risk for transit agencies if manufacturers fail to deliver.
- Potential for misuse of funds if oversight is inadequate.
- Possibility of favoring certain manufacturers over others.
- Limited impact if transit agencies are already able to secure favorable financing terms.
- Risk of increased costs if manufacturers increase prices to account for the advanced payment provisions.
Constitutional Alignment
The bill appears to align with the Constitution, specifically Article I, Section 8, which grants Congress the power to regulate commerce and provide for the general welfare. The act aims to improve public transportation, which falls under the umbrella of interstate commerce and public welfare. No specific constitutional conflicts are apparent.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).