H.R. 4523: To make technical amendments to title 49, United States Code, as necessary to improve the Code.

This bill proposes technical amendments to Title 49 of the United States Code, which centers on transportation. The amendments aim to improve the clarity and effectiveness of the existing legislation without making substantial changes to its meaning or outcome. Below are the key provisions of the bill:

Purpose

The primary purpose of the bill is to make various technical corrections and refinements to Title 49 to enhance its functionality.

Technical Amendments to Chapter 224

Several specific sections within Chapter 224 of Title 49 will be amended, including:

• Definitions: Changes to definitions to clarify terms used in the legislation. For instance, modifications to how terms related to loans and loan guarantees are defined and presented.
• Direct Loans and Loan Guarantees: Adjustments in the wording and formatting of subsections related to the description and calculation of costs associated with direct loans and loan guarantees. This includes designating clauses and sub-clauses accurately and improving readability.
• Administration of Direct Loans: Clarifications on the administration process of direct loans and loan guarantees. This includes inserting necessary references to related sections to ensure all parts of the legislation are connected correctly.
• Substantive Criteria and Standards: Insertion of structural references in standards, ensuring uniformity across the law.
• Authorization of Appropriations: Minor amendments to the appropriations section to maintain consistency in the title references.

Other Technical Amendments

In addition to amending Chapter 224, the bill includes various technical amendments across different sections related to transportation policy:

• National Surface Transportation and Innovative Finance Bureau: Addition of section subtitles to enhance clarity about the bureau's relationship to chapters within Title 49.
• Surface Transportation Investment Act of 2021: Adjustments to references within the act to ensure correct citations are used.
• Grant Conditions: Updating conditions related to grants to align with the revised definitions and standards.

Overall Impact

The bill does not aim to introduce new policies or alter existing programs significantly; instead, it focuses on refining and correcting the language and structure of Title 49 to facilitate better understanding and implementation. These amendments are intended to address technical issues and inaccuracies that may cause confusion or misinterpretation in the application of transportation laws.

Relevant Companies

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