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District of Columbia Code Division I. Government of District. § 9-1111.02. Federal contributions.

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) To provide the federal share of the cost of the adopted regional system, which system supersedes that heretofore authorized by the Congress in subchapter III of this chapter, the Secretary of Transportation is authorized to make annual contributions to the Transit Authority in amounts sufficient to finance in part the cost of the adopted regional system; except that the aggregate amount of federal contributions for the adopted regional system, including the $100,000,000 authorized to be appropriated by § 9-1105.02(1), shall not exceed the lower amount of $1,147,044,000 or two thirds of the net project cost of the adopted regional system.

(b) Federal contributions for the adopted regional system shall be subject to the following limitations and conditions:

(1) The work for which contributions are authorized shall be subject to the provisions of the Compact and shall be carried out substantially in accordance with the plans and schedules for the adopted regional system; and

(2) The aggregate amount of such federal contributions on or prior to the last day of any given fiscal year shall be matched by the local participating governments by payment of the local share of capital contributions required for the period ending with the last day of such year in a total amount not less than 50 per centum of the amount of such federal contributions.

(c) There is authorized to be appropriated to the Secretary of Transportation, without fiscal year limitation, an amount not to exceed $1,047,044,000 to carry out the purposes of this section. The appropriations authorized by this subsection shall be in addition to the appropriations authorized by § 9-1105.02(1).

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Cite this article: FindLaw.com - District of Columbia Code Division I. Government of District. § 9-1111.02. Federal contributions. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-i-government-of-district/dc-code-sect-9-1111-02/

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