RAPID Act
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Revitalizing American Priorities for Infrastructure Development Act or the RAPID Act
This bill revises the transportation infrastructure finance and innovation (TIFIA) program to (1) require program applicants to obtain investment grade ratings from at least two credit rating agencies, unless the federal credit instrument is less than $150 million (currently, less than $75 million), in which case one rating will suffice; (2) require the Department of Transportation (DOT) to implement an expedited decision time line for public agency borrowers seeking secured loans; and (3) require DOT to publish status reports on program applications on the TIFIA website.
Referred to the Subcommittee on Highways and Transit.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 3651: RAPID Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-3651/
"H.R. 3651: RAPID Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-3651/.
H.R. 3651, 117th Cong. (2026), https://openamerica.io/bill/117-HR-3651/.
[H.R. 3651: RAPID Act](https://openamerica.io/bill/117-HR-3651/)