Urban Mass Transportation Act of 1964

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The Urban Mass Transportation Act of 1964 (Pub.L. 88-365, 49 U.S.C. ch.53) provided $375 million for large-scale urban public or private rail projects in the form of matching funds to cities and states. The Urban Mass Transportation Administration (now the Federal Transit Administration) was created. It provided capital grants for up to 50% of the cost of transit improvements.[1]

[edit] References

  1. ^ http://www.cato.org/pubs/pas/pa559.pdf, page 3

[edit] See also