There is one summary for S.1144. Bill summaries are authored by CRS.

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Introduced in Senate (05/27/1999)

Surface Transportation Act of 1999 - Amends the National Highway System Designation Act of 1995 to remove restrictions on the State Infrastructure Bank Pilot Program, including the limitation on the Secretary of Transportation's entering into cooperative agreements with no more than ten States for the establishment of State and multi-state infrastructure banks.

(Sec. 3) Amends Federal transportation provisions to authorize a State to use for a project under the High Priority Projects Program any funds apportioned under such provisions for which the project is eligible. Allows a State, if a project is not eligible for such funds, to use for the project certain funds apportioned to the State under the Surface Transportation Program (STP). Directs that such apportioned funds be reimbursed from amounts allocated for the project in an amount equal to that used under this section, but not to exceed the total of the amounts allocated for the project.

(Sec. 4) Authorizes the obligation of National Highway System funds for the acquisition, construction, reconstruction, and rehabilitation of, and preventative maintenance for, intercity rail passenger facilities and rolling stock.

Authorizes the use of STP funds for capital costs for transit projects eligible for assistance, including rail, or a combination of bus and rail.

Makes eligible under the Congestion Mitigation and Air Quality Improvement Program certain projects or programs that will have air quality benefits through acquisition, construction, reconstruction, and rehabilitation of, and preventative maintenance for, intercity rail passenger facilities and rolling stock.

Transfers to Amtrak and publicly-owned intercity or intracity passenger rail lines specified highway and transit funds.

(Sec. 5) Revises provisions regarding the Historic Bridges Program to eliminate a restriction that caps the amount of Federal-aid highway funds that can be spent on a historic bridge to a sum equal to the cost of demolition.

(Sec. 6) Amends the Transportation Equity Act for the 21st Century to make a change with respect to the distribution of the Federal-aid obligation limitation to make all obligation authority for the program available as multi-year funding.