HR 4643
Business Uninterrupted Monetary Program Act of 2025
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Bill overview
This bill, the Business Uninterrupted Monetary Program Act of 2025, aims to mitigate the financial impact of transportation projects on local businesses. It requires project sponsors for large infrastructure projects (total cost $100 million or more) to establish and contribute to a ‘Business Uninterrupted Monetary Program Fund’ (BUMP Fund). This fund would provide financial assistance to negatively impacted businesses during project construction, with potential funding sources including non-Federal funds or Federal funds. The bill also extends this requirement to Federal-aid highway projects and establishes a competitive grant program for projects that began after October 1, 2018, and are still under construction.
Key provisions
- Requires project sponsors of large transportation projects to establish a ‘Business Uninterrupted Monetary Program Fund’ (BUMP Fund).
- The BUMP Fund would provide financial assistance to businesses negatively impacted by project construction.
- Contributions to the BUMP Fund can count towards the non-Federal share of project costs and must be used to compensate impacted businesses.
- The amount contributed to the BUMP Fund cannot impede the project sponsor’s ability to complete the project.
- A competitive grant program is established to provide relief to covered entities impacted by transportation projects.
- The grant program is available for projects that began after October 1, 2018, and remain under construction as of June 1, 2023.
- Unused funds from the BUMP Fund can be used for project enhancements, cost overruns, or other eligible expenses.
- The bill extends the BUMP Fund requirement to Federal-aid highway projects.
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119th CONGRESS — 1st Session
H. R. 4643
IN THE HOUSE OF REPRESENTATIVES
A BILL
To require certain grant recipients of transit and highway transportation projects to establish and contribute to a business uninterrupted monetary program fund, and for other purposes.
This Act may be cited as the Business Uninterrupted Monetary Program Act of 2025
.
Section 5309 of title 49, United States Code, is amended by adding at the end the following:
BUMP Fund).
The Secretary shall require that the project sponsor contribute an amount into a BUMP Fund that meets the following requirements:
Such amount shall reflect the funds necessary to fully carry out the requirement described in paragraph (2)(B).
Such amount may not constitute an amount of the non-Federal cost share that would impede the project sponsor from carrying out the project.
does not exceed 10 percent of the total non-Federal share; and
if the Secretary determines that the project sponsor has an equivalent program established that is applicable to the project;
the Secretary determines that there is no interruption that could occur with respect to a project;
the amount of Federal funding for the total cost of the project is less than 10 percent of such cost; or
for any other reason the Secretary determines appropriate.
The terms for eligibility for amounts in a BUMP Fund.
The process by which the local sponsor or project partner shall—
determine the impact on covered entities;
distribute the funds to covered entities; and
verify the information provided by covered entities.
The total funding available per covered entity.
The outreach plan for informing covered entities.
Any other information the applicant determines is necessary.
Insurance.
Rent or mortgage.
Payroll.
Loss of income.
Any other expense the sponsor determines is consistent with the requirements of this section.
For a project sponsor that has more than 2 projects running concurrently, the project sponsor may maintain one BUMP Fund to cover all such projects.
Operating expenses for the project for which the BUMP Fund was established.
Project enhancements or construction cost overruns for the project.
Other projects eligible under this title, except that the amounts may not count toward non-Federal matching funds of any other project.
In any case in which the recipient does not manage the project, amounts may be returned to the grant recipient.
For any other purpose approved by the Secretary.
non-Federal funds, unless deposit of such non-Federal funds is prohibited by the terms of an agreement between the funding source and the project sponsor; or
Federal funds, if approved by the Secretary.
In this subsection:
business uninterrupted monetary program fundor
BUMP Fundmeans a fund for the purpose of providing financial assistance to covered entities directly and negatively impacted by a transportation project funded by a grant under this section to reimburse such a covered entity for expenses incurred during an interruption caused by such project.
covered entitymeans a private business or nonprofit organization, as defined by the project sponsor.
project sponsormeans the sponsor of a project, or affiliated project partner, for which a grant is provided under this section.
The Secretary shall require a recipient of Federal-aid highway funds under this title to establish a fund to be known as a business uninterrupted monetary program fund (in this section referred to as a Bump Fund
) as required under section 106(k).
The Secretary shall require that the project sponsor of a covered project contribute an amount into a BUMP Fund that meets the following requirements:
Such amount shall reflect the funds necessary to fully carry out the requirement described in paragraph (2)(B).
Such amount may not constitute an amount of the non-Federal cost share that would impede the project sponsor from carrying out the project.
the amount does not exceed 25 percent of the total non-Federal share; and
the amount reflects the estimated damages caused by the interruption.
if the Secretary determines that the project sponsor has an equivalent program established that is applicable to the project;
the Secretary determines that there is no interruption that could occur with respect to a project;
the amount of Federal funding for the total cost of the project is less than 10 percent of such cost; or
for any other reason the Secretary determines appropriate.
The terms for eligibility for amounts in a BUMP Fund.
The process by which the local sponsor or project partner shall—
determine the impact on covered entities;
distribute the funds to covered entities; and
verify the information provided by covered entities.
The total funding available per covered entity.
The outreach plan for informing covered entities.
Any other information the applicant determines is necessary.
Insurance for the covered entity and employees of such entity.
Rent or mortgage payments.
Payroll expenses.
Loss of income.
Any other expense the sponsor determines is consistent with the requirements of this section.
Project enhancements, including non-infrastructure project enhancements, or construction cost overruns for the project.
Other projects eligible under this title, except that the amounts may not count toward non-Federal matching funds of any other project.
In any case in which the project sponsor does not manage the project, amounts may be returned to the initial recipient of the Federal funds provided for the covered project.
For any other purpose approved by the Secretary.
a non-Federal source, consistent with the requirements of part 200 of title 2, Code of Federal Regulations, unless deposit of such non-Federal funds is prohibited by the terms of an agreement between the funding source and the project sponsor; or
Federal funds, if approved by the Secretary.
For a project sponsor that has more than 2 projects running concurrently, the project sponsor may maintain one BUMP Fund to cover all such projects.
In this section:
business uninterrupted monetary program fundor
BUMP Fundmeans a fund for the purpose of providing financial assistance to covered entities directly and negatively impacted by covered project to reimburse such a covered entity for expenses incurred during an interruption caused by such project.
covered entitymeans a private business or nonprofit organization, as defined by the project sponsor.
covered projectmeans any project carried out under this title that has a total cost of $50,000,000 or greater.
project sponsormeans the entity or affiliated project partner carrying out a covered project.
The analysis for chapter 1 of title 23, United States Code, is amended by adding at the end the following:
A project sponsor is eligible for a grant under subsection (a) for any project—
for which construction began on or after October 1, 2018; and
that remains under construction as of June 1, 2023.
The definitions in section 5309(s)(9) of title 49, United States Code, shall apply to this section.
The Secretary of Transportation shall implement the requirements of the amendments made by sections 2 and 3 of this Act not later than 270 days after the date of enactment of this Act.