H.R.596 - Private Investment in Commuter Vanpooling Act of 2011112th Congress (2011-2012)
Summary: H.R.596 — 112th Congress (2011-2012)
Introduced in House (02/09/2011)
Private Investment in Commuter Vanpooling Act of 2011 - Allows the local matching share provided by a public transportation capital project assistance recipient to include expenditures by a private commuter vanpooling service provider to acquire rolling stock (vans).
Authorizes such a private provider to use vanpool revenues exceeding operating costs to acquire such vans, if there is a binding agreement requiring the vans to be used in the state or local government's service area.