To make technical amendments to title 49, United States Code, as necessary to improve the Code.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
Section 1. Table of contents
The table of contents for this Act is as follows:
Sec. 2. Purpose
The purpose of this Act is to make technical amendments to title 49, United States Code, as necessary to improve the Code.
Sec. 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 paragraph (1)—
(A)
in subparagraph (A), by striking (A) The term
and inserting the following:
(A) In general
The term;
(B)
in subparagraph (B)—
(i)
by redesignating clauses (i), (ii), and (iii) as subclauses (I), (II), and (III);
(ii)
by striking (B) The cost
and inserting the following:
(B) Direct loan
(i) In general
The cost; and
(iii)
by striking Calculation of the cost of a direct loan
and inserting:
(ii) Inclusion
Calculation of the cost of a direct loan;
(C)
in subparagraph (C)—
(i)
by redesignating clauses (i) and (ii) as subclauses (I) and (II);
(ii)
by striking (C) The cost
and inserting the following:
(C) Loan guarantee
(i) In general
The cost; and
(iii)
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)
in subparagraph (D), by striking (D) The cost
and inserting the following:
(D) Modification
The cost;
(E)
in subparagraph (E), by striking (E) In estimating
and inserting the following:
(E) Net present values
In estimating; and
(F)
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
(C)
in paragraph (6)(A)—
(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)
.
(c) Administration of Direct Loans and Loan guarantees
Section 22403 of title 49, United States Code, is amended—
(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)
.
Sec. 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
.