Urban Mass Transportation Act of 1964

The Urban Mass Transportation Act of 1964 (Pub.L. 88–365, USC Title 49, Chapter 53 ) provided $375 million for large-scale urban public or private rail projects in the form of matching funds to cities and states. The Urban Mass Transportation Administration (now the Federal Transit Administration) was created. It provided capital grants for up to 50% of the cost of transit improvements.

Like the earlier Buy American Act of 1933, and the later "Buy America" section of the Surface Transportation Assistance Act, of 1982, the act contained provision to encourage US Government funds to be spent on American made products.[1]

See also

References

  1. ↑ "A Brief History of FTA’s “Buy America” Requirements". U.S. Transit Suppliers Coalition. Retrieved 2014-03-05. The Surface Transportation Assistance Act of 1982 (1982 STAA) strengthened UMTA’s Buy America provision by prohibiting the obligation of UMTA-administered grant funds unless steel, cement (later deleted), and manufactured products used in the grant projects were produced in the United States. The 1982 STAA also eliminated the $500,000 threshold and permitted states to adopt more stringent Buy America requirements.
This article is issued from Wikipedia - version of the 3/5/2014. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.