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Breakdown of the $36.7 Billion allocated for Highways and Transit in the Jobs for Main Street Act of 2010

Issue Jobs for Main Street Act of 2010
Total Transportation  Funding $36.7 billion
Highway Funding $27.5 billion total

–$60 million for competitive grants to serve ‘priority primary routes’

$20 million for disadvantaged business enterprises bonding assistance

–3% set-aside for Transportation Enhancements

–30% sub-allocated to metropolitan areas

Highway Funding Terms & Conditions –Available through September 30, 2011–100% federal match

–Priority should be given to projects in economically distressed areas and those that can be completed within a 3-year timeframe

–90 days after apportionment a state loses 50% of any funding not yet under contract

–1 year after apportionment a state loses any funds remaining that are not under contract

Transit Funding $8.4 billion total– $6.15 billion for formula grants, of which 80% is distributed via 5307 formula, 10% via 5340 and 10% via 5311, and  $100 million for discretionary greenhouse gas grants to transit agencies

–$500 million for New Starts/Small Starts

–$1.75 billion for Fixed Guideway modernization

Transit Terms & Conditions –Allows up to 10% of funding to be used for operating assistance–Priority to economically distressed areas

–100% federal match

–90 days after apportionment agencies lose 50% of any funding not yet under contract

–1 year after apportionment agencies lose any funds remaining that are not under contract

Total Intercity Rail Funding $800 million–$800 million for Amtrak for fleet modernization
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