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HR 5947 116th Congress House Transportation and Public Works Department of Transportation Government lending and loan guarantees Infrastructure development Public-private cooperation Railroads Transportation programs funding

Invest in American Railroads Act

Introduced: February 21, 2020 See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 24, 2020
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Feb 21, 2020
Referred to the House Committee on Transportation and Infrastructure.
Feb 21, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

Invest in American Railroads Act

This bill revises and expands the Railroad Rehabilitation and Improvement Financing program of the Department of Transportation (DOT).

Specifically, the bill

  • authorizes DOT to pay certain credit risk premiums for loans or loan guarantees;
  • requires DOT to set aside at least $100 million for passenger rail projects in a given fiscal year;
  • directs DOT to provide loans and loan guarantees to private entities with controlling ownership in one or more freight railroads other than Class I carriers;
  • expands eligibility under the loan program to include reimbursement of planning, permitting, and design expenses related to acquiring, improving, or rehabilitating intermodal or rail equipment or facilities;
  • sets forth collateral and appraisal standards under the program; and
  • allows loan repayment terms to be extended up to 50 years after the date of substantial completion of a project, or the estimated useful life of the rail equipment or facilities to be acquired, rehabilitated, improved, developed, or established.
What's happening now February 24, 2020

Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 1 Republican 1
D
Pappas, Chris
New Hampshire · Feb 21, 2020
 R
Smucker, Lloyd
Pennsylvania · Feb 21, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5947: Invest in American Railroads Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-5947/
MLA
"H.R. 5947: Invest in American Railroads Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-5947/.
Bluebook (legal)
H.R. 5947, 116th Cong. (2026), https://openamerica.io/bill/116-HR-5947/.
Markdown link
[H.R. 5947: Invest in American Railroads Act](https://openamerica.io/bill/116-HR-5947/)
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