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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 49 U.S.C. § 22904 Use of capital grants to finance first-dollar liability of grant project us united_states_code code_section 49 TRANSPORTATION 229 RAIL IMPROVEMENT GRANTS 22904 49 U.S.C. § 22904 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc49@119-100.zip /us/usc/t49/s22904 data/legal/raw/us/code/title-49/usc49.xml 124dd0f034aacd287829970c5293ddd804652fc614f5977a218739a847c7fe69 0786acdd244d8f42c5a8e8ed1ec2a8dcb47dd0e02a286752710a20745702a4fb 17434ece7138fc782cf8709196694f65b70f0b4b07494e21a662c645b6f59eb3 2026-07-04 official
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49 U.S.C. § 22904 - Use of capital grants to finance first-dollar liability of grant project

Text

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.

(Added Pub. L. 110432, div. B, title III, § 301(a), Oct. 16, 2008, 122 Stat. 4942, § 24404; renumbered § 22904 and amended Pub. L. 115420, § 7(a)(1), (b)(2)(B), Jan. 3, 2019, 132 Stat. 5445, 5446.)

Notes

Editorial Notes

Amendments2019—Pub. L. 115420 renumbered section 24404 of this title as this section and substituted “section 22902” for “section 24402”.