H.R. 3586 explained  ·  119th Congress  ·  Pending in Congress

To establish limitations on advanced payments for bus rolling stock, and for other purposes.

Create a free account or sign in to follow H.R. 3586 and get alerts. Policy area: Transportation and Public Works Create a free account or sign in to follow the Transportation and Public Works policy area and get alerts. ▲ 513 days since action Sponsor: Michelle Fischbach, MN-07, R → Congress.gov

Cosponsors: 3 (1 D, 2 R) · per Congress.gov, 2026-10-11

Introduced: 2025-05-23

Latest action (2025-05-24): Referred to the Subcommittee on Highways and Transit.

What H.R. 3586 does, in plain terms

This bill allows a state or local authority (e.g., a transit authority) to use public transportation grants to make a partial advance payment for bus rolling stock (e.g., transit buses). Specifically, a public transportation grant recipient may use grant funds to make an advance payment of not more than 20% of the total purchase order value of a bus rolling stock vehicle without requiring the vehicle manufacturer to provide a performance bond (or similar financial arrangement). In order to make an advance payment, the recipient must meet certain requirements. For example, the recipient must have a signed purchase order and an executed contract with a vehicle manufacturer that includes advance payment provisions.

Official summary by the Congressional Research Service, via Congress.gov.

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