NO TOD Act

Section 601(a)(12) of title 23, United States Code, is amended—

(1) by striking subparagraph (E); and

(2) by redesignating subparagraphs (F) through (H) as subparagraphs (E) through (G), respectively.

Section 602(a) of title 23, United States Code, is amended—

(1) in paragraph (5)(B)—

(A) by striking clause (ii); and

(B) by redesignating clauses (iii) and (iv) as clauses (ii) and (iii), respectively; and

(2) by adding at the end the following:

Notwithstanding any other provision of law, a transit-oriented development project shall not be eligible to receive assistance under the TIFIA program.

In this paragraph, the term transit-oriented development project means a project or components of a project designed for commercial or residential use.

Section 608(a)(4) of title 23, United States Code, is amended by striking (A) Transit-oriented development projects.— and all that follows through (B) Airport-related projects.—.

This section and the amendments made by this section shall apply to project applications submitted on or after the date of enactment of this Act.

Section 22402 of title 49, United States Code, is amended—

(1) in subsection (b)(1)—

(A) in subparagraph (D) by inserting or at the end;

(B) in subparagraph (E) by striking; or and inserting a period at the end; and

(C) by striking subparagraph (F); and

(2) in subsection (c)(6) by striking and increase transit-oriented development.

This section and the amendments made by this section shall apply to applications for direct loans or guaranteed loans submitted on or after the date of enactment of this Act.