A BILL
To authorize funding for formula grants for rural areas, to amend title 49, United States Code, to increase the percentage of funds available for grants and contracts for transportation research, technical assistance, training, and related support services in rural areas, and for other purposes.
This Act may be cited as the “Rural Transportation Improvement Act”.
Sec. 2
Formula grants for rural areas
(a)
In general— There shall be available from the Mass Transit Account of the Highway Trust Fund to provide financial assistance to rural areas under section 5311—
(1)
$1,025,199,724 for fiscal year 2023;
(2)
$1,041,192,839 for fiscal year 2024;
(3)
$1,057,851,925 for fiscal year 2025; and
(4)
$1,074,460,200 for fiscal year 2026.
(b)
Formula grants for rural areas— Section 5311(b)(3)(B) of title 49, United States Code, is amended by striking “2 percent” and inserting “3 percent”.