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DOT - 49 CFR PART 639

CAPITAL LEASES

active, Most Current
Organization: DOT
Publication Date: 1 October 2014
Status: active
Page Count: 4
scope:

This part applies to all requests for capital assistance under Chapter 53 of Title 49 of the United States Code where the proposed method of obtaining a capital asset is by lease rather than purchase or construction.

Purpose of this part.

This rule implements section 3003 of the Transportation Equity Act for the 21st Century (Pub. L. 105-178). Section 3003 amended section 5302 of Chapter 53 of Title 49 of the United States Code to allow a recipient to use capital funds to finance the leasing of facilities and equipment on the condition that the leasing arrangements are more cost effective than purchase or construction.

Document History

October 1, 2017
CAPITAL LEASES
This part applies to all requests for capital assistance under Chapter 53 of Title 49 of the United States Code where the proposed method of obtaining a capital asset is by lease rather than purchase...
October 1, 2016
CAPITAL LEASES
General overview of this part. This part contains the requirements to qualify for capital assistance when leasing facilities or equipment under the Federal transit laws. This part is set out in four...
October 1, 2015
CAPITAL LEASES
Scope of this part. This part applies to all requests for capital assistance under Chapter 53 of Title 49 of the United States Code where the proposed method of obtaining a capital asset is by lease...
49 CFR PART 639
October 1, 2014
CAPITAL LEASES
This part applies to all requests for capital assistance under Chapter 53 of Title 49 of the United States Code where the proposed method of obtaining a capital asset is by lease rather than purchase...
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