US Congress House Bill 2475 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on May 2 2019 - 25% progression, died in committee
Action: 2019-05-03 - Referred to the Subcommittee on Highways and Transit.
Pending: House Subcommittee on Highways and Transit Committee
Text: Latest bill text (Introduced) [PDF]

Revises the transportation infrastructure finance and innovation (TIFIA) program to (1) require program applicants to obtain investment grade ratings from at least two credit rating agencies, unless the federal credit instrument is less than $150 million (currently, less than $75 million), in which case one rating will suffice; (2) require the Department of Transportation (DOT) to implement an expedited decision timeline for public agency borrowers seeking secured loans; and (3) require DOT to publish status reports on program applications on the TIFIA website.

RAPID Act Revitalizing American Priorities for Infrastructure Development Act

Rep. Colin Allred [D-TX]

Rep. Mike Gallagher [R-WI]

Date	Chamber	Action
2019-05-03	House	Referred to the Subcommittee on Highways and Transit.
2019-05-02	House	Referred to the House Committee on Transportation and Infrastructure.
2019-05-02	House	Introduced in House

SB353 (Same As) 2019-02-06 - Read twice and referred to the Committee on Environment and Public Works.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/2475/all-info
Text	https://www.congress.gov/116/bills/hr2475/BILLS-116hr2475ih.pdf