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Search Results: keywords:"20 percent limit"

  • H.R. 6964 proposes limitations on advance payments for purchasing bus rolling stock, a kind of public transportation equipment. The bill amends Section 5323 of Title 49, U.S. Code, allowing recipients of certain federal assistance to make advance payments for bus purchases...

    Simple Explanation

    H.R. 6964 is a plan to handle the money used to buy buses better. It says buyers can pay some money upfront for buses, but not more than 20% of the total, and they must have clear, signed agreements first.