Federal Public Transportation Act

[AI summary unavailable — showing source text] Federal Public Transportation Act - Title I: Public Transportation - Amends the Urban Mass Transportation Act of 1964 to revise the discretionary grant and loan program under such Act. Authorizes the Secretary of Transportation to make such grants or loans to States and local public bodies and agencies for: (1) the construction or extension of fixed guideway systems; (2) major bus fleet expansions; (3) the acquisition, construction, and improvement of certain mass transportation facilities and equipment where emergency circumstances exist; (4) the introduction of new technology into public transportation; and (5) for financing the costs incurred in connection with projects for the acquisition of land and the costs of preparing such land for urban development purposes to enhance any mass transportation project approved under such Act. Requires that applicants for such funds possess the legal, technical, and financial capacity to carry out the proposed project and that they have continuing control over the use of the facilities and equipment involved. Requires the Governor of the State involved together with the appropriate local officials to designate a single recipient to receive a…