H.R. 6104 · 115th Congress
Generating American Income and Infrastructure Now Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
KellySponsor6 cosponsors · 3 D, 3 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires the Department of Agriculture (USDA) to sell certain distressed notes and other obligations held by USDA. The sale must be conducted under terms and procedures established by the Department of the Treasury and specified in the bill.
What it does: CRS summary · Introduced in House · Jun 14, 2018
Generating American Income and Infrastructure Now Act
This bill requires the Department of Agriculture (USDA) to sell certain distressed notes and other obligations held by USDA. The sale must be conducted under terms and procedures established by the Department of the Treasury and specified in the bill. Of the proceeds from the sale: (1) 50% must be deposited into an account for carrying out infrastructure projects in low-income communities, and (2) 50% must be retained in the Treasury for deficit reduction.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Generating American Income and Infrastructure Now Act
Latest action (Jun 15, 2018): Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management.
Policy area: Economics and Public Finance · Origin: House · Introduced: Jun 14, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.