US SB942 | 2011-2012 | 112th Congress

Status

Sponsorship: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on May 10 2011 - 25% progression, died in committee
Action: 2011-05-10 - Read twice and referred to the Committee on Commerce, Science, and Transportation.
Pending: Senate Commerce, Science, And Transportation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Transportation Infrastructure Grants and Economic Reinvestment Act - Directs the Secretary of Transportation (DOT) to establish a national infrastructure investment program to provide competitive grants (of $10-$500 million), secured loans, and loan guarantees to a state, local government, or transit agency for eligible transportation projects (including highway or bridge, public transportation, passenger or freight rail transportation, and port infrastructure projects) that would have a significant beneficial impact on a state, metropolitan area, region, or the United States. Requires the Secretary to give grant priority to eligible projects that require a contribution of federal funds to complete an overall financing package for such projects. Sets aside at least 20% of funds for grants for eligible projects located in rural areas.

Tracking Information

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Title

Transportation Infrastructure Grants and Economic Reinvestment Act

Sponsors


History

DateChamberAction
2011-05-10SenateRead twice and referred to the Committee on Commerce, Science, and Transportation.

Same As/Similar To

HB14 (Related) 2012-03-21 - Referred to House Foreign Affairs

Subjects


US Congress State Sources


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