IIB
119th CONGRESS
2d Session
H. R. 4523
IN THE SENATE OF THE UNITED STATES
September 14, 2026
Received; read twice and referred to the Committee on the Judiciary
AN ACT
To make technical amendments to title 49, United States Code, as necessary to improve the Code.
Table of contents
The table of contents for this Act is as follows:
Sec. 1. Table of contents.
Sec. 2. Purpose.
Sec. 3. Technical amendments to chapter 224 of title 49, United States Code.
Sec. 4. Other technical amendments.
Purpose
The purpose of this Act is to make technical amendments to title 49, United States Code, as necessary to improve the Code.
TECHNICAL AMENDMENTS to chapter 224 of title 49, united states code
Definitions
Section 22401 of title 49, United States Code, is amended—
in paragraph (1)—
in subparagraph (A), by striking (A) The term
and inserting the following:
In general
The term
;
in subparagraph (B)—
by redesignating clauses (i), (ii), and (iii) as subclauses (I), (II), and (III);
by striking (B) The cost
and inserting the following:
Direct loan
In general
The cost
; and
by striking Calculation of the cost of a direct loan
and inserting:
Inclusion
Calculation of the cost of a direct loan
;
in subparagraph (C)—
by redesignating clauses (i) and (ii) as subclauses (I) and (II);
by striking (C) The cost
and inserting the following:
Loan guarantee
In general
The cost
; and
by striking Calculation of the cost of a loan guarantee
and inserting the following:
Inclusion
Calculation of the cost of a loan guarantee
;
in subparagraph (D), by striking (D) The cost
and inserting the following:
Modification
The cost
;
in subparagraph (E), by striking (E) In estimating
and inserting the following:
Net present values
In estimating
; and
in subparagraph (F), by striking (F) When funds
and inserting the following:
Basis of estimated cost
When funds
;
in paragraph (2), by inserting (2 U.S.C. 900(c)(9))
after Balanced Budget and Emergency Deficit Control Act of 1985
; and
in paragraph (12)—
in subparagraph (A), by inserting of this title
after section 20102
; and
in subparagraph (B), by inserting of this title
after section 24102
.
Direct Loans and Loan Guarantees
Section 22402 of title 49, United States Code, is amended—
in subsection (a)(3), by striking government sponsored
and inserting government-sponsored
;
in subsection (c)(1), by inserting of this title
after section 20157(i)
;
in subsection (f)—
in paragraph (1), by inserting (2 U.S.C. 661c(b)(1))
after section 504(b)(1) of the Federal Credit Reform Act of 1990
;
in paragraph (5)—
in the matter before subparagraph (A)—
by inserting of this title
after section 22406(a)(2)
;
by striking (Public Law 114–94)
and inserting (Public Law 114–94, 129 Stat. 1312)
; and
by striking (Public Law 94–210)
and inserting (Public Law 94–210, 90 Stat. 31)
; and
in subparagraph (A), by inserting (Public Law 117–58, div. B, 135 Stat. 652)
after Surface Transportation Investment Act of 2021
; and
in paragraph (7), by inserting (Public Law 117–58, div. B, 135 Stat. 652)
after Surface Transportation Investment Act of 2021
;
in subsection (g)(1)(C)(ii)(II), by striking the period at the end and inserting a semicolon;
in subsection (h)(3)—
in subparagraph (A)—
by inserting of this title
after section 24312
; and
by inserting of this title
after section 24308(a)
; and
in subparagraph (B), by inserting of this title
after section 22404
; and
in subsection (i)—
in paragraph (3)(B), by striking the heading Actions by the Office of Management and Budget
and inserting the heading Actions by the office of management and budget
;
in paragraph (4)(A)—
by inserting (Public Law 117–58, div. B, 135 Stat. 652)
after Surface Transportation Investment Act of 2021
; and
by striking an streamlined
and inserting a streamlined
; and
in paragraph (6)(A)—
in clause (iv), by striking refinancing an
and inserting refinancing of an
; and
in clause (ix), by inserting of this title
after section 5323(j)
.
Administration of Direct Loans and Loan guarantees
Section 22403 of title 49, United States Code, is amended—
in subsection (a)(1), by inserting of this title
after section 22402
;
in subsection (b), by inserting of this title
after section 22402
;
in subsection (c), by inserting of this title
after section 22402
;
in subsection (d)(3), by inserting of this title
after section 22402(f)
;
in subsection (g), in the matter before paragraph (1), by inserting of this title
after section 22402
;
in subsection (h)(1), by inserting of this title
after section 22402
;
in subsection (i)—
in the matter before paragraph (1), by inserting of this title
after section 22402
each place it appears; and
in paragraph (1), by striking of this section
; and
in subsection (m), by inserting of this title
after section 22402
.
Substantive Criteria and Standards
Section 22405(1) of title 49, United States Code, is amended by inserting of this title
after section 22402
.
Authorization of Appropriations
Section 22406 of title 49, United States Code, is amended—
in the section heading, by striking the period at the end;
in subsection (a)(2), by inserting of this title
after section 22402(f)(5)
; and
in subsection (b)(2), by inserting of this title
after section 22403(l)(1)
.
other technical amendments
National Surface Transportation and Innovative Finance Bureau
Section 116(d)(1)(B) of title 49, United States Code, is amended by inserting of this title
after sections 22401 through 22403
.
Surface Transportation Investment Act of 2021
Section 21303(1) of the Surface Transportation Investment Act of 2021 (49 U.S.C. 22402 note) is amended by striking section 22402(b)(1)(E) of title 49
and inserting section 22402(b)(1)(F) of title 49
.
Grant Conditions
Section 22905(c)(2)(B) of title 49, United States Code, is amended by inserting of this title
after section 22404
.
Passed the House of Representatives August 31, 2026.
Kevin F. McCumber,
Clerk.