The 2014-15 Capital Projects Budget Bill (S.6354-E/A.8554-E) includes within the Department of Transportation appropriations a $40 million capital grant to municipalities for extreme winter recovery. The grant functions like a one-time increase to CHIPS, but does not increase the base CHIPS amount for subsequent years. Like CHIPS, it is a reimbursement grant for eligible costs of local highway and bridge projects and the money is allocated via the CHIPS formula. Payments will be made on the 15th of June, September, December and March. Click here to view Extreme Winter Recovery Grants Capital Grants spreadsheet.