US Congress House Bill 2348 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 3 2017 - 25% progression, died in committee
Action: 2017-05-03 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

American Infrastructure Opportunity Bonds Act This bill directs the Department of the Treasury, when the real rate (the interest rate on outstanding marketable U.S. obligations with remaining maturity periods of approximately one year minus the inflation rate) equals zero percent or less, to: issue government bonds (American Infrastructure Opportunity Bonds) with a face value of $20 billion; and deposit amounts equivalent to the proceeds from such issuance into the Highway Trust Fund (HTF), of which 20% shall be deposited into the Mass Transit Account.

American Infrastructure Opportunity Bonds Act

Rep. Norma Torres [D-CA]

Date	Chamber	Action
2017-05-03	House	Referred to the House Committee on Ways and Means.
2017-05-03	House	Introduced in House

HB276 (Same As) 2017-02-01 - Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.
HB2996 (Related) 2017-07-11 - Referred to the Subcommittee on Nutrition.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/2348/all-info
Text	https://www.congress.gov/115/bills/hr2348/BILLS-115hr2348ih.pdf