119-hr4643

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4643 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 4643

 To require certain grant recipients of transit and highway 
 transportation projects to establish and contribute to a business 
 uninterrupted monetary program fund, and for other purposes.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 July 23, 2025

 Mr. Correa (for himself and Mr. Carter of Louisiana) introduced the 
 following bill; which was referred to the Committee on Transportation 
 and Infrastructure

_______________________________________________________________________

 A BILL

 To require certain grant recipients of transit and highway 
 transportation projects to establish and contribute to a business 
 uninterrupted monetary program fund, and for other purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Business Uninterrupted Monetary 
Program Act of 2025''.

SEC. 2. FIXED GUIDEWAY CAPITAL INVESTMENT GRANTS.

 

Section 5309 of title 49, United States Code, is amended by adding 
at the end the following:
 ``

    (s) Business Uninterrupted Monetary Program Fund.--
 ``

    (1) Establishment.--To be eligible for a grant under this 
 section, a project sponsor or shall establish a fund to be 
 known as a business uninterrupted monetary program fund (in 
 this subsection referred to as a `BUMP Fund').
 ``

    (2) Fund requirements.--Amounts contributed to a BUMP 
 Fund under this subsection--
 ``
        (A) may count toward the non-Federal share of the 
 cost of a project under such section; and
 ``
        (B) shall be provided to covered entities that 
 are negatively impacted by an interruption caused by a 
 project carried out with amounts made available under 
 such grant.
 ``

    (3) Contributions to the fund.--
 ``
        (A) In general.--The Secretary shall require that 
 the project sponsor contribute an amount into a BUMP 
 Fund that meets the following requirements:
 ``
            (i) The amount required to be set aside 
 shall not impact the total project cost or the 
 total non-Federal match requirement of the 
 project.
 ``
            (ii) Such amount shall reflect the funds 
 necessary to fully carry out the requirement 
 described in paragraph

    (2)
        (B) .
 ``
            (iii) Such amount may not constitute an 
 amount of the non-Federal cost share that would 
 impede the project sponsor from carrying out 
 the project.
 ``
            (iv) Apply to projects with total cost 
 equal or greater than $100 million.
 ``
            (v) Such amount shall be determined by 
 the local sponsor, so long as such amount--
 ``
            (I) does not exceed 10 percent of 
 the total non-Federal share; and
 ``
            (II) reflects the estimated 
 damages caused by the interruption.
 ``
        (B) Waiver.--The Secretary may waive or alter the 
 percentage of the contribution amount required under 
 subparagraph
        (A) --
 ``
            (i) if the Secretary determines that the 
 project sponsor has an equivalent program 
 established that is applicable to the project;
 ``
            (ii) the Secretary determines that there 
 is no interruption that could occur with 
 respect to a project;
 ``
            (iii) the amount of Federal funding for 
 the total cost of the project is less than 10 
 percent of such cost; or
 ``
            (iv) for any other reason the Secretary 
 determines appropriate.
 ``

    (4) Eligibility for receipt of funds.--The applicant, as 
 part of the portion of the application for a grant under this 
 section that relates to the financial commitment of the 
 applicant, shall provide information to the Secretary on how 
 the project sponsor shall determine which covered entities are 
 eligible to receive assistance from a BUMP Fund, including the 
 following:
 ``
        (A) Which covered entities are eligible to 
 receive funding under the BUMP Fund.
 ``
        (B) The terms for eligibility for amounts in a 
 BUMP Fund.
 ``
            (C) The process by which the local sponsor or 
 project partner shall--
 ``
            (i) determine the impact on covered 
 entities;
 ``
            (ii) distribute the funds to covered 
 entities; and
 ``
            (iii) verify the information provided by 
 covered entities.
 ``
            (D) The total funding available per covered 
 entity.
 ``
        (E) The outreach plan for informing covered 
 entities.
 ``
        (F) Any other information the applicant 
 determines is necessary.
 ``

    (5) Eligible expenses.--
 ``
        (A) In general.--Eligible expenses provided to a 
 covered entity from a BUMP Fund may include, at the 
 discretion of the project sponsor, the following:
 ``
            (i) Utilities.
 ``
            (ii) Insurance.
 ``
            (iii) Rent or mortgage.
 ``
            (iv) Payroll.
 ``
            (v) Loss of income.
 ``
            (vi) Any other expense the sponsor 
 determines is consistent with the requirements 
 of this section.
 ``
        (B) Invalidation of payment by secretary.--The 
 Secretary may disqualify an eligible expense submitted 
 by a project sponsor at the time such recipient submits 
 its financial commitment if the Secretary determines 
 such an expense is not consistent with the requirements 
 of this section.
 ``

    (6) Combined bump fund.--For a project sponsor that has 
 more than 2 projects running concurrently, the project sponsor 
 may maintain one BUMP Fund to cover all such projects.
 ``

    (7) Retention of funds.--Funds set aside for the BUMP 
 Fund shall remain available for a period of 1 year after the 
 completion of the project for which the BUMP Fund was 
 established unless the project sponsor certifies to the 
 Secretary that the funds are no longer needed.
 ``

    (8) Unused funds.--Any amounts deposited in a BUMP Fund 
 that are not dispensed during the project may be available to 
 the recipient for the following uses:
 ``
        (A) Operating expenses for the project for which 
 the BUMP Fund was established.
 ``
        (B) Project enhancements or construction cost 
 overruns for the project.
 ``
            (C) Other projects eligible under this title, 
 except that the amounts may not count toward non-
 Federal matching funds of any other project.
 ``
            (D) In any case in which the recipient does not 
 manage the project, amounts may be returned to the 
 grant recipient.
 ``
        (E) For any other purpose approved by the 
 Secretary.
 ``

    (9) Derivation of funds for deposit into bump fund.--The 
 funds dedicated to a BUMP Fund may be derived from--
 ``
        (A) non-Federal funds, unless deposit of such 
 non-Federal funds is prohibited by the terms of an 
 agreement between the funding source and the project 
 sponsor; or
 ``
        (B) Federal funds, if approved by the Secretary.
 ``

    (10) === Definitions. ===
-In this subsection:
 ``
        (A) Business uninterrupted monetary program fund; 
 bump fund.--The term `business uninterrupted monetary 
 program fund' or `BUMP Fund' means a fund for the 
 purpose of providing financial assistance to covered 
 entities directly and negatively impacted by a 
 transportation project funded by a grant under this 
 section to reimburse such a covered entity for expenses 
 incurred during an interruption caused by such project.
 ``
        (B) Covered entity.--The term `covered entity' 
 means a private business or nonprofit organization, as 
 defined by the project sponsor.
 ``
            (C) Interruption.--The term `interruption' means 
 an activity carried out as part of a project for which 
 a grant is provided under this section that disrupts 
 the activities of a covered entity and causes 
 measurable negative impacts to the financial well-being 
 of such entity.
 ``
            (D) Project sponsor.--The term `project sponsor' 
 means the sponsor of a project, or affiliated project 
 partner, for which a grant is provided under this 
 section.''.

SEC. 3. FEDERAL-AID HIGHWAY PROGRAM.

    (a) In General.--Chapter 1 of title 23, United States Code, is 
amended by adding at the end the following:
``

Sec. 180. Business uninterrupted monetary program fund
 ``

    (a) Business Uninterrupted Monetary Program Fund.--
 ``

    (1) Establishment.--The Secretary shall require a 
 recipient of Federal-aid highway funds under this title to 
 establish a fund to be known as a business uninterrupted 
 monetary program fund (in this section referred to as a `Bump 
 Fund') as required under 

section 106

    (k) .
 ``

    (2) Fund requirements.--Amounts contributed to a BUMP 
 Fund under this section--
 ``
        (A) may count toward the non-Federal share of the 
 cost of a covered project; and
 ``
        (B) shall be provided to covered entities that 
 are negatively impacted by an interruption cause by a 
 covered project.
 ``

    (3) Contributions to the fund.--
 ``
        (A) In general.--The Secretary shall require that 
 the project sponsor of a covered project contribute an 
 amount into a BUMP Fund that meets the following 
 requirements:
 ``
            (i) The amount required to be set aside 
 shall not impact the total non-Federal match 
 requirement of the project.
 ``
            (ii) Such amount shall reflect the funds 
 necessary to fully carry out the requirement 
 described in paragraph

    (2)
        (B) .
 ``
            (iii) Such amount may not constitute an 
 amount of the non-Federal cost share that would 
 impede the project sponsor from carrying out 
 the project.
 ``
            (iv) The amount allocated to the BUMP 
 fund shall be determined by the local sponsor, 
 so long as--
 ``
            (I) the amount does not exceed 25 
 percent of the total non-Federal share; 
 and
 ``
            (II) the amount reflects the 
 estimated damages caused by the 
 interruption.
 ``
        (B) Waiver.--The Secretary may waive or alter the 
 percentage of the contribution amount required under 
 subparagraph
        (A) --
 ``
            (i) if the Secretary determines that the 
 project sponsor has an equivalent program 
 established that is applicable to the project;
 ``
            (ii) the Secretary determines that there 
 is no interruption that could occur with 
 respect to a project;
 ``
            (iii) the amount of Federal funding for 
 the total cost of the project is less than 10 
 percent of such cost; or
 ``
            (iv) for any other reason the Secretary 
 determines appropriate.
 ``

    (4) Eligibility for receipt of funds.--An applicant for 
 funds for a covered project, as part of the portion of the 
 application that relates to the financial commitment of the 
 applicant, shall provide information to the Secretary on the 
 implementation of BUMP Fund including the following:
 ``
        (A) Which covered entities are eligible to 
 receive funding under the BUMP Fund.
 ``
        (B) The terms for eligibility for amounts in a 
 BUMP Fund.
 ``
            (C) The process by which the local sponsor or 
 project partner shall--
 ``
            (i) determine the impact on covered 
 entities;
 ``
            (ii) distribute the funds to covered 
 entities; and
 ``
            (iii) verify the information provided by 
 covered entities.
 ``
            (D) The total funding available per covered 
 entity.
 ``
        (E) The outreach plan for informing covered 
 entities.
 ``
        (F) Any other information the applicant 
 determines is necessary.
 ``

    (5) Eligible expenses.--
 ``
        (A) In general.--Eligible expenses provided to a 
 covered entity from a BUMP Fund may include, at the 
 discretion of the project sponsor, the following:
 ``
            (i) Utilities for the covered entity.
 ``
            (ii) Insurance for the covered entity and 
 employees of such entity.
 ``
            (iii) Rent or mortgage payments.
 ``
            (iv) Payroll expenses.
 ``
            (v) Loss of income.
 ``
            (vi) Any other expense the sponsor 
 determines is consistent with the requirements 
 of this section.
 ``
        (B) Invalidation of payment by secretary.--The 
 Secretary may disqualify an eligible expense submitted 
 by a project sponsor at the time such recipient submits 
 its financial commitment if the Secretary determines 
 such an expense is not consistent with the requirements 
 of this section.
 ``

    (6) Retention of funds.--Funds set aside for the BUMP 
 Fund shall remain available for a period of 1 year after the 
 completion of the project for which the BUMP Fund was 
 established unless the project sponsor certifies to the 
 Secretary that the funds are no longer needed.
 ``

    (7) Unused funds.--Any amounts deposited in a BUMP Funds 
 that are not dispensed during the project may be available to 
 the project sponsor for the following uses:
 ``
        (A) Project enhancements, including non-
 infrastructure project enhancements, or construction 
 cost overruns for the project.
 ``
        (B) Environmental mitigation described under 
 

section 119

    (g) of title 23, United States Code.
 ``
            (C) Other projects eligible under this title, 
 except that the amounts may not count toward non-
 Federal matching funds of any other project.
 ``
            (D) In any case in which the project sponsor does 
 not manage the project, amounts may be returned to the 
 initial recipient of the Federal funds provided for the 
 covered project.
 ``
        (E) For any other purpose approved by the 
 Secretary.
 ``

    (8) Derivation of funds for deposit into bump fund.--The 
 funds dedicated to BUMP Fund may be derived from--
 ``
        (A) a non-Federal source, consistent with the 
 requirements of part 200 of title 2, Code of Federal 
 Regulations, unless deposit of such non-Federal funds 
 is prohibited by the terms of an agreement between the 
 funding source and the project sponsor; or
 ``
        (B) Federal funds, if approved by the Secretary.
 ``

    (9) Projects without a non-federal share.--For any 
 covered project that is funded with 100 percent Federal funds, 
 the Secretary shall determine, together with the project 
 sponsor, an appropriate amount of funding for the BUMP Fund.
 ``

    (10) Combined bump fund.--For a project sponsor that has 
 more than 2 projects running concurrently, the project sponsor 
 may maintain one BUMP Fund to cover all such projects.
 ``

    (b) 

=== Definitions. ===
-In this section:
 ``

    (1) Business uninterrupted monetary program fund; bump 
 fund.--The term `business uninterrupted monetary program fund' 
 or `BUMP Fund' means a fund for the purpose of providing 
 financial assistance to covered entities directly and 
 negatively impacted by covered project to reimburse such a 
 covered entity for expenses incurred during an interruption 
 caused by such project.
 ``

    (2) Covered entity.--The term `covered entity' means a 
 private business or nonprofit organization, as defined by the 
 project sponsor.
 ``

    (3) Covered project.--The term `covered project' means 
 any project carried out under this title that has a total cost 
 of $50,000,000 or greater.
 ``

    (4) Interruption.--The term `interruption' means an 
 activity carried out as part of a covered project that disrupts 
 the activities of a covered entity and causes measurable 
 negative impacts to the financial well-being of such entity.
 ``

    (5) Project sponsor.--The term `project sponsor' means 
 the entity or affiliated project partner carrying out a covered 
 project.''.

    (b) Clerical Amendment.--The analysis for chapter 1 of title 23, 
United States Code, is amended by adding at the end the following:

``180. Business uninterrupted monetary program fund.''.
            (c) Project Approval and Oversight.--

Section 106 of title 23, 
United States Code, is amended by adding at the end the following:
 ``

    (k) Business Uninterrupted Monetary Program Fund.--A recipient of 
Federal financial assistance under this title for a project with an 
estimated total project cost of $50,000,000 or more shall establish a 
business uninterrupted monetary program fund as described under 

section 180, and subject to the requirements of such section, to address 
financial impacts to companies that suffer financial burdens as a 
result of project construction.''.

SEC. 4. GRANTS FOR CERTAIN INTERRUPTIONS DUE TO FIXED GUIDEWAY CAPITAL 
 INVESTMENT PROJECTS.

    (a) Establishment.--Not later than 270 days after the date of 
enactment of this Act, the Secretary of Transportation shall establish 
a competitive grant program that provides a single round of grants to 
project sponsors to provide relief to covered entities as described in 

section 5309

    (s) of title 49, United States Code (as added by 

section 2).

    (b) Eligibility.--A project sponsor is eligible for a grant under 
subsection

    (a) for any project--

    (1) that meets the requirements of 

section 5309

    (s) of title 
 49, United States Code;

    (2) for which construction began on or after October 1, 
 2018; and

    (3) that remains under construction as of June 1, 2023.
            (c) Funding Limitations.--A grant provided under this section may 
not exceed $10,000,000.
            (d) Unused Amounts.--Any funds not made available pursuant to this 
section shall be retained in the account to which the funds were 
appropriated and made available for any other purpose provided for by 
law.

    (e) 

=== Definitions. ===
-The definitions in 

section 5309

    (s)

    (9) of title 
49, United States Code, shall apply to this section.

SEC. 5. IMPLEMENTATION.

 The Secretary of Transportation shall implement the requirements of 
the amendments made by sections 2 and 3 of this Act not later than 270 
days after the date of enactment of this Act.
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