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H.R. 2895 117th Congress House

REPAIR Act

Official title: To facilitate efficient investments and financing of infrastructure projects and new, long-term job creation through the establishment of an Infrastructure Financing Authority, and for other purposes.

Introduced: April 28, 2021 Introduced by: Scott H. Peters Democratic · California See on congress.gov
Transportation and Public Works Aviation and airportsDams and canalsElectric power generation and transmissionEnergy storage, supplies, demand
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Environmental assessment, monitoring, researchGovernment corporations and government-sponsored enterprisesGovernment lending and loan guaranteesIncome tax exclusionInfrastructure developmentLicensing and registrationsMarine and inland water transportationNavigation, waterways, harborsPublic transitPublic-private cooperationRailroadsRoads and highwaysRural conditions and developmentSecuritiesState and local financeTransportation programs fundingWater qualityWater resources fundingWater use and supply
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 29, 2021
Referred to the Subcommittee on Water Resources and Environment.
Apr 29, 2021
Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Apr 29, 2021
Referred to the Subcommittee on Highways and Transit.
Apr 29, 2021
Referred to the Subcommittee on Coast Guard and Maritime Transportation.
Apr 28, 2021
Introduced in House
Apr 28, 2021
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Ways and Means, and the Budget, 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.
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 Latest action April 29, 2021

Referred to the Subcommittee on Water Resources and Environment.

 Plain-English summary Congressional Research Service

Reinventing Economic Partnerships And Infrastructure Redevelopment Act or the REPAIR Act

This bill addresses the financing of infrastructure projects through the establishment of the Infrastructure Financing Authority (IFA) and increases the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.

Specifically, the bill

  • directs the IFA to provide direct loans and loan guarantees to facilitate certain infrastructure projects that are economically viable, in the public interest, and of regional or national significance, including the construction, consolidation, alteration, or repair of airports and air traffic control systems, highway facilities, and transmission or distribution pipelines;
  • sets forth terms and limitations on direct loans and loan guarantees;
  • establishes a funding mechanism to make the IFA a self-sustaining entity, including through fees and risk premiums on loans and loan guarantees; and
  • increases from $15 billion to $16 billion the national limitation on the amount of tax-exempt highway or surface freight transfer facility bonds.


 Related & companion bills 1
  • S 1499 Identical bill REPAIR Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 7
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2895: REPAIR Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-2895/
MLA
"H.R. 2895: REPAIR Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-2895/.
Bluebook (legal)
H.R. 2895, 117th Cong. (2026), https://openamerica.io/bill/117-HR-2895/.
Markdown link
[H.R. 2895: REPAIR Act](https://openamerica.io/bill/117-HR-2895/)
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