[Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 1259 Introduced in Senate (IS)] <DOC> 118th CONGRESS 1st Session S. 1259 To prohibit the provision of Federal assistance to transit and rail projects with significant cost overruns and that are projected to lose money, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES April 25, 2023 Ms. Ernst introduced the following bill; which was read twice and referred to the Committee on Commerce, Science, and Transportation _______________________________________________________________________ A BILL To prohibit the provision of Federal assistance to transit and rail projects with significant cost overruns and that are projected to lose money, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Put the Brakes on Boondoggles Act''. SEC. 2. PROHIBITION ON USE OF FEDERAL FUNDS FOR CERTAIN TRANSIT AND RAIL PROJECTS. Notwithstanding any other provision of law, the Secretary of Transportation shall not provide any new assistance for a transit or rail project if-- (1) the overall cost projection to complete the project exceeds the original cost projection by at least $1,000,000,000; and (2) the operational and administrative costs of the service provided by the project are projected to exceed the revenues generated from ridership annually over the next decade. <all>