HR 4342 112th Congress House Transportation and Public Works Government trust funds Navigation, waterways, harbors Transportation programs funding User charges and fees

WAVE4 Act

Introduced: March 29, 2012 See on congress.gov

Everywhere this bill has been 4 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 30, 2012

Referred to the Subcommittee on Water Resources and Environment.

Mar 30, 2012

Referred to the Subcommittee on Coast Guard and Maritime Transportation.

Mar 29, 2012

Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Mar 29, 2012

Introduced in House

Plain-English summary Congressional Research Service

Waterways Are Vital for the Economy, Energy, Efficiency, and Environment Act of 2012 or WAVE4 Act - Directs the Secretary of the Army, acting through the Chief of Engineers, to require certain delivery process reforms for qualifying construction and major rehabilitation projects for navigation infrastructure of inland and intracoastal waterways.

Directs the Secretary, working in conjunction with the Inland Waterways Users Board, to submit to Congress a 20-year program for making capital investments on inland and intracoastal waterways. Authorizes such program to be based on the 20-year capital investment strategy contained in the Inland Marine Transportation System (IMTS) Capital Projects Business Model, Final Report published on April 13, 2010, as approved by the Board.

Amends the Internal Revenue Code to limit expenditures from the Inland Waterways Trust Fund to 50% of the total cost of the construction or rehabilitation project. Prohibits expenditures from the Fund for: (1) construction or rehabilitation of dams, or (2) rehabilitation expenditures equal to or exceeding $100 million.

What's happening now March 30, 2012

Referred to the Subcommittee on Water Resources and Environment.

Committees of jurisdiction 4