Shared Micromobility Investment Act

The Shared Micromobility Investment Act allows shared micromobility projects, such as bikesharing and shared-scooter systems, to receive funding from specific federal surface transportation programs. It achieves this by amending existing laws to explicitly include these projects in the Surface Transportation Block Grant Program, the Carbon Reduction Program, and the Local and Regional Project Assistance program. By adding these categories to the list of eligible uses, the bill enables local governments and transit agencies to use federal money to support shared bike and scooter infrastructure.