2132-AB34 201804 Unified Agenda of Federal Regulatory and Deregulatory Actions 2132 Federal Transit Administration FTA 2100 Department of Transportation DOT Capital Leases

49 CFR part 639 contains the requirements to qualify for capital assistance when leasing facilities or equipment under Federal transit laws. Recently, in section 3002 of the Fixing America's Surface Transportation Act (Public Law 114-357), the underlying statute for this regulation was revised. The revision changed the definition of capital project so that a recipient is no longer required to conduct a cost-effectiveness analysis before leasing public transportation equipment or facilities with Federal funds. In addition, the statute exempts rolling stock procurements from the requirements of 49 CFR part 639. For this reason, FTA plans to issue a final rule to rescind these requirements.

]]> Info./Admin./Other Previously Published in The Unified Agenda Final Rule Stage No No Deregulatory 49 CFR 639 Pub. L. 114-357 No Final Rule 05/00/2018 No No None No No www.regulations.gov www.regulations.gov No No Chaya Koffman Assistant Chief Counsel 2132 Federal Transit Administration FTA 202 366-4011 chaya.koffman@dot.gov 1200 New Jersey Avenue, SE, Washington DC 20590