A bill to amend the Urban Mass Transportation Act of 1964 to provide operating assistance for projects located in areas other than urbanized areas, to provide for mass transportation assistance to meet the need of elderly and handicapped persons, and for other purposes.

[AI summary unavailable — showing source text] Provides, under the Urban Mass Transportation Act of 1964, for the payment of subsidies of operating expenses for mass transportation projects located in areas other than urbanized areas. Authorizes the Secretary of Transportation to make grants to States and private mass transportation operators to provide fellowships for training of personnel employed in the urban mass transportation fields. Declares it to be the national policy that elderly and handicapped persons have the same right as other persons to utilize mass transportation facilities and services. Requires the Secretary of Transportation to insure that any project receiving Federal financial assistance under the Urban Mass Transportation Act of 1964 have facilitaties accessible to elderly and handicapped persons. Requires the Secretary to establish a National Advisory Council on Accessibility of Mass Transportation. Authorizes the Secretary to make grants and loans to States and local public bodies for the specific purpose of providing mass transporation services to meet the special needs of elderly and handicapped persons. Allows the Secretary to convert equipment and facilities loans made pursuant to the Urban Mass Tra…