HOUSE 1849116th CongressReferred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
Transportation Funding Fairness Act
- Last Action
- 3/22/2019
Actions
- 2019-03-22Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
- 2019-03-21Referred to the House Committee on Transportation and Infrastructure.
- 2019-03-21Introduced in House
- 2019-03-21Introduced in House
CRS Summary
As of 2019-03-21 (00)
Transportation Funding Fairness Act
This bill modifies the treatment of loans under the transportation infrastructure finance and innovation act program and the railroad rehabilitation and improvement financing program in consideration for fixed guideway capital investment grants.
Specifically, the bill
- permits a state or other obligator to make a determination whether loans under these programs are treated as a federal or non-federal share of a project; and
- requires the Department of Transportation to treat the proceeds of a loan that a state has elected to treat as a non-federal share of project costs as a local financial commitment, and not treat such proceeds as non-local sources of capital and operating financing.
Cosponsors (11)
- Albio Sires (D-NJ)
- Bonnie Watson Coleman (D-NJ)
- CHRISTOPHER SMITH (R-NJ)
- FRANK PALLONE (D-NJ)
- WILLIAM PASCRELL (D-NJ)
- Donald Payne (D-NJ)
- Donald Norcross (D-NJ)
- Jefferson Van Drew (D-NJ)
- Andy Kim (D-NJ)
- Josh Gottheimer (D-NJ)
- Mikie Sherrill (D-NJ)
Subjects
- Government lending and loan guarantees
- Infrastructure development
- Railroads
- Roads and highways
- Transportation programs funding
Sourced from Congress.gov (public domain).
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