Section 1. Short title
This Act may be cited as the Baltimore Bridge Response Invests and Delivers Global Economic Relief Act or the Baltimore BRIDGE Relief Act.
Section 2. Finding
Congress finds that, in accordance with section 668.105(e) of title 23, Code of Federal Regulations (or a successor regulation), any compensation for damages or insurance proceeds, including interest, recovered by a State, a political subdivision of a State, or a toll authority for repair, including reconstruction, of the bridge described in section 3 in response to the damage described in that section should be used on receipt to reduce liability on the repair, including reconstruction, of that bridge from the emergency fund authorized under section 125 of title 23, United States Code.
Section 4. Effective date
This Act shall take effect as if enacted on March 26, 2024.