US Congress House Bill 2172 (Prior Session Legislation)

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Spectrum:
Status: Introduced on April 30 2015 - 25% progression, died in committee
Action: 2015-05-01 - Referred to the Subcommittee on Highways and Transit.
Pending: House Subcommittee on Highways and Transit Committee
Text: Latest bill text (Introduced) [PDF]

To establish a pilot toll credit market place program, and for other purposes. This bill directs the Department of Transportation (DOT) to establish a pilot toll credit marketplace program for states, metropolitan planning organizations (MPOs), or local governments to buy and sell toll credits and use the proceeds for highway, transit, and other related projects. States, MPOs, or local governments may not use federal funds to purchase toll credits on the marketplace or use them for more than 10% of its annual apportionment of federal-aid highway funds in a fiscal year. The Federal Highway Administration shall determine how a toll credit marketplace will work. The Railroad Revitalization and Regulatory Reform Act of 1976 is amended to revise railroad rehabilitation and improvement financing program requirements. Toll credits earned shall be eligible as collateral in determining credit risk premium amounts for direct loans or loan guarantees for railroad improvement projects.

To establish a pilot toll credit market place program, and for other purposes.

Rep. Daniel Lipinski [D-IL]

Rep. John Duncan [R-TN]

Rep. Pedro Pierluisi [N-PR]

Date	Chamber	Action
2015-05-01	House	Referred to the Subcommittee on Highways and Transit.
2015-04-30	House	Referred to the House Committee on Transportation and Infrastructure.
2015-04-30	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/2172/all-info
Text	https://www.congress.gov/114/bills/hr2172/BILLS-114hr2172ih.pdf