US SB1535 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on May 16 2019 - 25% progression, died in committee
Action: 2019-05-16 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 16 2019 - 25% progression, died in committee
Action: 2019-05-16 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Addresses the financing of infrastructure projects through the establishment of the Infrastructure Financing Authority (IFA) and increases the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds. Specifically, the bill directs the IFA to provide direct loans and loan guarantees to facilitate certain infrastructure projects that are economically viable, in the public interest, and of regional or national significance, including the construction, consolidation, alteration, or repair of airports and air traffic control systems, highway facilities, and transmission or distribution pipelines; sets forth terms and limitations on direct loans and loan guarantees; establishes a funding mechanism to make the IFA a self-sustaining entity, including through fees and risk premiums on loans and loan guarantees; and increases from $15 billion to $16 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.
Title
REPAIR Act Reinventing Economic Partnerships And Infrastructure Redevelopment Act
Sponsors
Sen. Mark Warner [D-VA] | Sen. Roy Blunt [R-MO] | Sen. Christopher Coons [D-DE] | Sen. Lindsey Graham [R-SC] |
Sen. Amy Klobuchar [D-MN] | Sen. John Cornyn [R-TX] | Sen. Richard Blumenthal [D-CT] | Sen. Mike Braun [R-IN] |
History
Date | Chamber | Action |
---|---|---|
2019-05-16 | Senate | Read twice and referred to the Committee on Finance. |
Subjects
Aviation and airports
Dams and canals
Electric power generation and transmission
Energy storage, supplies, demand
Environmental assessment, monitoring, research
Government corporations and government-sponsored enterprises
Government lending and loan guarantees
Income tax exclusion
Infrastructure development
Licensing and registrations
Marine and inland water transportation
Navigation, waterways, harbors
Public transit
Public-private cooperation
Railroads
Roads and highways
Rural conditions and development
Securities
State and local finance
Transportation and public works
Transportation programs funding
Water quality
Water resources funding
Water use and supply
Dams and canals
Electric power generation and transmission
Energy storage, supplies, demand
Environmental assessment, monitoring, research
Government corporations and government-sponsored enterprises
Government lending and loan guarantees
Income tax exclusion
Infrastructure development
Licensing and registrations
Marine and inland water transportation
Navigation, waterways, harbors
Public transit
Public-private cooperation
Railroads
Roads and highways
Rural conditions and development
Securities
State and local finance
Transportation and public works
Transportation programs funding
Water quality
Water resources funding
Water use and supply
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/1535/all-info |
Text | https://www.congress.gov/116/bills/s1535/BILLS-116s1535is.pdf |