TIFIA 2.0 Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

R WebsterSponsor

No cosponsors.

This bill amends the Transportation Infrastructure Finance and Innovation Act (TIFIA) to revise the Department of Transportation (DOT) TIFIA program of direct loans, loan guarantees, and credit for surface transportation projects.

What it does: CRS summary · Introduced in House · Nov 19, 2015

TIFIA 2.0 Act

A TIFIA Revolving Fund is established in the Treasury.

A set-aside of up to 10% of Fund amounts is required for rural infrastructure projects (as similarly required in current funding law).

The DOT is directed to transfer from the Fund to the general fund of the Treasury amounts equal to moneys deposited in the Fund as a result of the repayment of principal and interest on direct loans for transportation infrastructure projects before enactment of this Act.

Project eligibility requirements are revised.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: TIFIA 2.0 Act

Latest action (Nov 20, 2015): Referred to the Subcommittee on Highways and Transit.

Policy area: Transportation and Public Works · Origin: House · Introduced: Nov 19, 2015

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.