Mass Transit Financing Corporation Act – 1960 Version

Mass Transit Financing Corporation Act – 1960 Version

June 24, 2018  | ENO CENTER FOR TRANSPORTATION

This is the bill H.R. 10808 of the 86th Congress, one of a series of identical bills introduced in March 1960 based on draft legislation proposed by the American Municipal Association, which was in turn largely based on the 1958 proposal from Rep. William Green, Jr. It creates a Mass Transit Financing Corporation in the Department of Commerce to give aid to municipalities for the purchase of mass transit or commuter rail equipment.

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