Shared Micromobility Investment Act

This legislation aims to expand federal funding eligibility for shared micromobility projects , specifically including bikesharing and shared-scooter systems. It amends key sections of titles 23 and 49 of the United States Code to achieve this goal. Specifically, the bill integrates shared micromobility projects into the list of eligible activities for the Surface Transportation Block Grant Program and the Carbon Reduction Program under Title 23. Furthermore, it adds these projects to the criteria for Local and Regional Project Assistance under Title 49. These amendments are designed to provide new avenues for financial support, promoting the development and expansion of sustainable transportation alternatives across communities.