Mass Transit Account

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The Mass Transit Account is a dedicated component of the U.S. Highway Trust Fund that finances federal public transportation programs and projects.

All labels observed (1)

Label Occurrences
Mass Transit Account canonical 2

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf component of the Highway Trust Fund
transportation trust fund account
administeredBy Federal Highway Administration
Federal Transit Administration
beneficiary local transit agencies
metropolitan planning organizations
public transportation riders in the United States
state departments of transportation
budgetClassification federal trust fund account
country United States of America
surface form: United States
establishedBy Surface Transportation Assistance Act of 1982
expenditureRestriction limited to eligible public transportation purposes
financingMechanism contract authority for transit programs
funds bus and rail transit projects
federal public transportation projects
state and local transit agencies
urban transit systems
governedBy federal surface transportation authorization acts
impact provides predictable multi‑year funding for transit projects
reduces reliance on general fund appropriations for transit
inception 1983
legalBasis Title 23 of the United States Code
Title 49 of the United States Code
managedBy United States Department of the Treasury
surface form: U.S. Treasury
monitoredBy Congressional Budget Office
Government Accountability Office
overseenBy United States Department of Transportation
surface form: U.S. Department of Transportation
partOf Highway Trust Fund
policyRole encourage development of mass transit systems
support federal surface transportation policy goals
purpose finance federal public transportation programs
support capital investments in public transit infrastructure
support transit formula and discretionary grant programs
relatedTo Highway Trust Fund
surface form: Highway Account of the Highway Trust Fund
reportingRequirement annual financial reporting to Congress
revenueSource diesel fuel tax receipts
federal motor fuels excise taxes
gasoline tax receipts
other Highway Trust Fund revenues dedicated to transit
spendingType mandatory spending
subjectTo annual obligation limitations set by Congress
supportsProgram Bus and Bus Facilities program
Capital Investment Grants
Federal Transit Administration formula grant programs
Metropolitan planning and statewide planning programs
State of Good Repair grants

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Highway Trust Fund hasComponent Mass Transit Account
Highway Account relatedTo Mass Transit Account