Matching Share for Transferred Funds.—

Sec. 502. Matching Share for Transferred Funds.—(a) Section 8(k) of the Federal Transit Act is amended by adding at the end: “The provisions of title 23, United States Code, regarding the non-Federal share shall apply to title 23 funds used for transit projects and the provisions of the Federal Transit Act regarding non-Federal share shall apply to Federal Transit Act funds used for highway projects.”. (b) Section 134(k) of title 23, United States Code, is amended by adding at the end: “The provisions of title 23, United States Code, regarding the non-Federal share shall apply to title 23 funds used for transit projects and the provisions of the Federal Transit Act regarding non-Federal share shall apply to Federal Transit Act funds used for highway projects.”. (c) Section 3(h) of the Federal Transit Act is amended by adding a new subparagraph as follows: “(7) Sums apportioned under this subsection shall be available for obligation for a period of three years following the close of the fiscal year for which such sums are apportioned. Any amounts so apportioned remaining unobligated at the end of such period shall be reapportioned among urbanized areas eligible under paragraphs (1), (2), and (3) in accordance with the apportionment formula contained in section 3(h) for the succeeding fiscal year.”. (d) Section 3 of the Federal Transit Act is amended by adding at the end the following new subsection: “(n) Funds made available under this section which are deobligated may be used for any purpose under this section.”. (e) Section 8(h)(5) of the Federal Transit Act is amended by striking in the first sentence “under this title” and inserting instead: “under title 23, United States Code”. (f) Section 8(i)(4) of the Federal Transit Act is amended by striking “pursuant to this title” and inserting instead: “pursuant to title 23, United States Code”. (g) Section 8(m)(1) of the Federal Transit Act is amended by striking in the first sentence “under this title” and inserting instead “under title 23, United States Code”. (h) Section 8(p) of the Federal Transit Act is amended by adding at the end the following: “Sums apportioned under this subsection shall be available for obligation for a period of three years following the close of the fiscal year for which such sums are apportioned. Any amounts so apportioned remaining unobligated at the end of such period shall be reapportioned among the States for the succeeding fiscal year”. (i) Section 8 of the Federal Transit Act is amended by adding the following new subsection (q): 106 STAT. 1567 “(q) The statewide planning and programming requirements of section 135, title 23, United States Code, shall apply to grants made under sections 3, 9, 9B, 16 and 18 of this Act.”. (j) Section 12(1)(1)(B) of the Federal Transit Act is amended by striking “regulations” and inserting instead “guidelines”. (k)Section 16(c)(4) of the Federal Transit Act is amended by striking “regulations” and inserting instead “guidelines”. (l) Section 18(c) of the Federal Transit Act is amended by adding at the end the following: “All funds made available under this section may be used for operating assistance, whether derived from the Mass Transit Account of the Highway Trust Fund under section 21(a)(1) or from general fund appropriations authorized under section 21(a)(2).”. (m) Section 21(a)(1) of the Federal Transit Act is amended by inserting after “sections”, “8”. (n) Section 21(a)(2) of the Federal Transit Act is amended by inserting after “sections”, “8”. (o) Section 21(c) of the Federal Transit Act is amended by striking “subsection 8(p)” and inserting instead “subsection (a)”. (p) Section 21(c)(1) of the Federal Transit Act is amended by striking “8(f)” and inserting instead “8(n)”. (q) Section 21(d)(3) of the Federal Transit Act is amended by striking “1996” and inserting instead “1997”. (r) Section 26(a)(2)(A) of the Federal Transit Act is amended by adding at the end: “Sums apportioned under this subsection shall be available for obligation for a period of three years following the close of the fiscal year for which such sums are apportioned. Any amounts so apportioned remaining unobligated at the end of such period shall be reapportioned among the States for the succeeding fiscal year.”.