Section 1 Short title
This Act may be cited as the “Negating Obligations for Transit-Oriented Developments Act” or the “NO TOD Act”.
A BILL
To amend title 23 and title 49, United States Code, to remove transit-oriented development projects as projects eligible for assistance under the transportation infrastructure finance and innovation program and the railroad rehabilitation and improvement financing program, and for other purposes.
“(12) Ineligible projects
“(A) In general—Notwithstanding any other provision of law, a transit-oriented development project shall not be eligible to receive assistance under the TIFIA program.
“(B) Definition—In this paragraph, the term “transit-oriented development project” means a project or components of a project designed for commercial or residential use.”