100% Federal Funding for Francis Scott Key Bridge Reconstruction in Baltimore.
This Act ensures the federal government will cover 100% of the costs associated with reconstructing the Francis Scott Key Bridge in Baltimore, which collapsed in March 2024. This measure relieves the State of Maryland and local taxpayers from the immediate financial burden, speeding up the critical infrastructure project. Any future insurance payouts or compensation recovered must be used to reimburse the federal fund.
Key points
The federal government will pay the entire cost (100%) of the Francis Scott Key Bridge reconstruction, protecting Maryland's state budget and accelerating the restoration of a vital transport route.
The law is effective retroactively to March 26, 2024, allowing immediate use of emergency funds.
Any compensation or insurance money received later for the damage must be used to repay the federal funds used for reconstruction.
Status:
Expired
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