S 2805 116th Congress Senate Transportation and Public Works Congressional oversight Economic development Government lending and loan guarantees Railroads Transportation programs funding

TOD Advancement Act of 2019

Introduced: November 6, 2019 Introduced by: Wicker, Roger F. Republican · Mississippi See on congress.gov

Everywhere this bill has been 5 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Aug 12, 2020

Placed on Senate Legislative Calendar under General Orders. Calendar No. 516.

Aug 12, 2020

Committee on Commerce, Science, and Transportation. Reported by Senator Wicker with amendments. With written report No. 116-255.

Nov 13, 2019

Committee on Commerce, Science, and Transportation. Ordered to be reported with an amendment favorably.

Nov 6, 2019

Read twice and referred to the Committee on Commerce, Science, and Transportation.

Nov 6, 2019

Introduced in Senate

Plain-English summary Congressional Research Service

TOD Advancement Act of 2019

This bill revises and extends until December 4, 2021, the Railroad Rehabilitation Improvement and Financing program.

Specifically, the bill revises program purposes to include financing economic development and infrastructure that (1) incorporates private investment of greater than 20% of total project costs; (2) is physically connected to, or within one half mile walking distance from, a passenger rail station or minimodal station that includes rail services; (3) will commerce construction within 90 days after the loan or loan guarantee is obligated for the project; and (4) demonstrates the ability to generate new financial assistance for the relevant passenger rail station or service.

The bill requires the Department of Transportation to periodically report to Congress on the number of applications for loans and loan guarantees under the program.

What's happening now August 12, 2020

Placed on Senate Legislative Calendar under General Orders. Calendar No. 516.

Committees of jurisdiction 1