H.R. 2187 would authorize the appropriation of specific amounts, totaling $755 million over the 2023-2026 period, for the Department of Transportation (DOT) to provide competitive grants to build or improve public parking facilities for commercial motor vehicles.
Using historical spending patterns for similar transportation grants, CBO estimates that implementing the bill would cost $470 million over the 2022-2027 period and $285 million after 2027, assuming appropriation of the authorized amounts.
The costs of the legislation, detailed in Table 1, fall within budget function 400 (transportation).
