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Committee on Appropriations. Original measure reported to Senate by Senator Hyde-Smith. With written report No. 119-47.
Introduced July 24, 2025 by Cindy Hyde-Smith · Last progress 7 months ago
Sets FY2026 funding and use rules for Transportation and Housing programs: limits how the Department of Transportation allocates Federal‑aid highway obligation authority, directs how unspent or recaptured transit and housing funds may be reallocated, and authorizes targeted program transfers, loan restructures, and limited new appropriations. It also adds government‑wide limits and reporting requirements on transfers, contracting, travel, workforce moves, and grant transparency, and authorizes Treasury appropriations for DOT, HUD, and related agencies for FY2026.
Changes include special handling of FTA unobligated balances, potential 100% federal cost coverage for certain tribal transit grants, authority to forgive or restructure small HUD ‘‘Flex Sub’’ loans with $3,328,000 of new carryforward funding, limits and conditions on HUD recaptured housing funds and project‑based assistance transfers, and many new notification, certification, and transparency requirements for agencies and grant recipients.