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HR 4925 113th Congress House Transportation and Public Works Government lending and loan guarantees Government trust funds Infrastructure development Roads and highways Securities Transportation programs funding User charges and fees

TIFIA 2.0 Act

Introduced: June 20, 2014 Introduced by: Webster, Daniel Republican · Florida See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 23, 2014
Referred to the Subcommittee on Highways and Transit.
Jun 20, 2014
Referred to the House Committee on Transportation and Infrastructure.
Jun 20, 2014
Introduced in House
 Plain-English summary Congressional Research Service

TIFIA 2.0 Act - 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.

Establishes in the Treasury a TIFIA Revolving Fund.

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

Directs the Secretary of Transportation 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.

Revises project eligibility requirements.

What's happening now June 23, 2014

Referred to the Subcommittee on Highways and Transit.

 Committees of jurisdiction 2