A Bill To Authorize Funds For Federal-Aid Highways, Highway Safety Programs, And Transit Programs, And For Other Purposes - 114th Congress 1st Session Page 516

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516
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‘‘§ 116. National Surface Transportation and Innova-
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tive Finance Bureau
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‘‘(a) E
.—The Secretary of Transpor-
STABLISHMENT
4
tation shall establish a National Surface Transportation
5
and Innovative Finance Bureau in the Department.
6
‘‘(b) P
.—The purposes of the Bureau shall
URPOSES
7
be—
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‘‘(1) to administer the application processes for
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programs within the Department in accordance with
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subsection (d);
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‘‘(2) to promote innovative financing best prac-
12
tices in accordance with subsection (e);
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‘‘(3) to reduce uncertainty and delays with re-
14
spect to environmental reviews and permitting in ac-
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cordance with subsection (f);
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‘‘(4) to reduce costs and risks to taxpayers in
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project delivery and procurement in accordance with
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subsection (g); and
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‘‘(5) to carry out subtitle IX of this title.
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‘‘(c) E
D
.—
XECUTIVE
IRECTOR
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‘‘(1) A
.—The Bureau shall be
PPOINTMENT
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headed by an Executive Director, who shall be ap-
23
pointed in the competitive service by the Secretary,
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with the approval of the President.
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‘‘(2) D
.—The Executive Director shall—
UTIES
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