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Business Uninterrupted Monetary Program Act of 2025
Last updated: 7/24/2025 · Introduced: 7/23/2025
Author: J. Correa (D-CA)
TL;DR (AI)
- The bill requires grant recipients of transit and highway transportation projects to establish a Business Uninterrupted Monetary Program Fund to provide financial assistance to entities negatively impacted by the project.
- The fund's amount is determined by the local sponsor, up to 10% or 25% of the total non-Federal share, depending on the project type, and can be used for eligible expenses such as utilities, insurance, and loss of income.
- Unused fund amounts can be used for operating expenses, project enhancements, environmental mitigation, or other eligible projects, and grants are available to provide relief to covered entities affected by project construction.
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Other Sections
Includes provisions on preamble, short title., and 4 more.
6 sections
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