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US Code · Through Public Law 119-103 (09/02/2026) · Newer source version available

49 U.S.C. § 22904: Use of capital grants to finance first-dollar liability of grant project

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Where this section sits in the code
  1. Title 49—TRANSPORTATION
  2. CHAPTER 229—RAIL IMPROVEMENT GRANTS

Notwithstanding the requirements of section 22902 of this chapter, the Secretary of Transportation may approve the use of a capital assistance grant under this chapter to fund self-insured retention of risk for the first tier of liability insurance coverage for rail passenger service associated with the grant, but the coverage may not exceed $20,000,000 per occurrence or $20,000,000 in aggregate per year.

Collected 2026-09-10T06:01:06Z. Source file · JSON

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