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Mandatory Funds to Compensate Businesses for Major Transport Construction Disruptions.

This Act mandates the creation of dedicated funds (BUMP Funds) for large highway and transit construction projects to financially protect local businesses and non-profits from losses caused by construction interruptions. If your operation is disrupted by such a major project, you may be eligible for reimbursement for costs like rent, payroll, or lost income. This ensures the financial stability of small entities during long-term public investments.
Key points
New BUMP Fund Requirement: Sponsors of major transportation projects (over $50M for highways, $100M for transit) must set aside funds to compensate affected local entities.
Covered Losses: The fund can reimburse businesses for essential expenses and losses, including payroll, rent/mortgage, utilities, insurance, and loss of income resulting from project disruption.
Immediate Relief: A competitive grant program is established to provide quick financial assistance to businesses impacted by certain large transit projects already underway.
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Introduced
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Additional Information
Print number: 119_HR_4643
Sponsor: Rep. Correa, J. Luis [D-CA-46]
Process start date: 2025-07-23
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Business Uninterrupted Monetary Program Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_4643.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-07-23.

What are the main provisions?

Key points include:

  • New BUMP Fund Requirement: Sponsors of major transportation projects (over $50M for highways, $100M for transit) must set aside funds to compensate affected local entities.
  • Covered Losses: The fund can reimburse businesses for essential expenses and losses, including payroll, rent/mortgage, utilities, insurance, and loss of income resulting from project disruption.
  • Immediate Relief: A competitive grant program is established to provide quick financial assistance to businesses impacted by certain large transit projects already underway.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Correa, J. Luis [D-CA-46].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Highways and Transit.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-31.

CATEGORIES

Transport Public Investments Economy