[Federal Register Volume 63, Number 166 (Thursday, August 27, 1998)]
[Notices]
[Pages 45897-45898]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-23066]
-----------------------------------------------------------------------
DEPARTMENT OF TRANSPORTATION
Federal Highway Administration
[Docket No. FHWA-98-4356]
DOT Listening Session on New Federal Credit Programs
AGENCY: Federal Highway Administration (``FHWA''), DOT.
ACTION: Public meeting.
-----------------------------------------------------------------------
SUMMARY: The Transportation Equity Act for the 21st Century (``TEA-
21''), Public Law 105-178, 112 Stat. 107 (1998), established two new
Federal credit programs for surface transportation projects. The
Transportation Infrastructure Finance and Innovation Act (``TIFIA''),
Title I, Subtitle E, Chapter 1 was established to provide up to $10.6
billion of Federal assistance in the form of credit (direct loans, loan
guarantees, and standby lines of credit) to major surface
transportation projects of critical national importance, such as
intermodal facilities, border crossing infrastructure, trade corridors,
and other investments generating substantial regional and national
economic and other benefits. The Railroad Rehabilitation and
Improvement Financing program (``RRIF''), Title VII, Subtitle B amended
Title V of the Railroad Revitalization and Regulatory Reform Act of
1976 to provide up to $3.5 billion of Federal assistance in the form of
direct loans and loan guarantees for eligible railroad projects. Prior
to implementation, the Federal Highway Administration (``FHWA''), on
behalf of the United States Department of Transportation (``USDOT''),
will conduct on outreach session on TIFIA and RRIF to consult with its
partners and customers. This notice serves to invite public officials,
potential project sponsors, the financial community, and other
interested parties to attend a meeting to share their comments with the
USDOT concerning suggestions on how best to administer the new
programs.
DATES: The public meeting will be held on Monday, September 14, 1998,
from 10:00 a.m. until 4:00 p.m.
[[Page 45898]]
ADDRESSES: The meeting will be held in the Oval Room of the Port
Authority of New York and New Jersey, One World Trade Center, 43rd
floor, New York, New York. The morning session will be devoted to TIFIA
and the afternoon session to RRIF.
FOR FURTHER INFORMATION CONTACT:
On TIFIA: David Seltzer, (202) 366-0397, or Bryan Grote, (202) 366-
5785, Office of Budget and Finance, Room 4310, Federal Highway
Administration, Department of Transportation, 400 Seventh Street, SW,
Washington, DC 20590. On RRIF: Joanne McGowan, (202) 493-6390, Office
of Railroad Development, Mail Stop 20, Federal Railroad Administration,
Department of Transportation, Washington, DC 20590. Office hours for
FHWA and FRA are from 8:00 a.m. to 4:30 p.m., e.t., Monday through
Friday, except Federal holidays.
SUPPLEMENTARY INFORMATION:
Electronic Access
An electronic copy of this document may be downloaded using a modem
and suitable communications software from the Government Printing
Office's Electronic Bulletin Board Service at (202) 512-1661. Internet
users may reach the Federal Register's home page at: http://
www.nara.gov/fedreg and the Government Printing Office's database at:
http://www.access.gpo.gov/nara. A copy of the TEA-21 legislation and
conference report containing the TIFIA and RRIF programs is available
on the FHWA Home Page at http://www.fhwa.dot.gov/tea21/legis.htm.
Authority: 23 USC 181 and 49 CFR 1.45(a)(1).
Issued on: August 21, 1998.
Jerry A. Hawkins,
Director, Office of Personnel and Training.
[FR Doc. 98-23066 Filed 8-26-98; 8:45 am]
BILLING CODE 4910-22-M